Senior Umbrella Excess Casualty Underwriter

Company: Zurich Insurance Company Ltd.
Location: Boston
Posted on: March 25, 2025

Job Description:

Zurich is seeking an experienced Senior Umbrella Excess Casualty Underwriter. The position is located out of our Boston office and offers a hybrid work schedule.

As a Senior Umbrella Excess Casualty Underwriter at Zurich you will have the opportunity to grow and develop your career as a member of seasoned and dynamic team. You will be underwriting new and renewal business, under limited direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on highly complex accounts. We focus strongly on our customers and are seeking someone with the ability to develop exceptional relationships and a strong market facing presence. Experience with underwriting P&C lines is preferred.

Our Senior Umbrella Excess Casualty Underwriter is responsible for:

• Proactively seek renewal and new account opportunities.
• Complete detailed opportunity assessment with key distributors to identify growth opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
• Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
• Negotiate Terms & Conditions and close deals.
• Cross-Sell other lines of business to increase product density with the account.
• Participate in Sales Team meeting as related to assigned brokers and / or territory.
• Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
• Update required systems with details of broker / client visits and account status within specified time frame.
• Serve as key contact for assigned target accounts.
• Develop strong broker and client networks as related to industries underwritten by Business Unit.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
  This role will be filled at either the Underwriter (Level II or III). The hiring manager will determine the appropriate level based upon the selected applicant's experience and skill set relative to the qualifications listed for this position.
  
  This is a highly technical and market-facing position. Experience with Casualty lines of business is needed for this role. As a member of Zurich's Underwriting Team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills. Specifically, you will underwrite and analyze new and renewal business utilizing The Zurich Way of Underwriting Framework within delegated authority levels.
  
  Our Underwriters are market-facing with objectives focused on profitable growth and superior service to our broker partners and customers.
  
  Umbrella Excess Casualty Underwriter (Level II) Basic Qualifications:
  • High School Diploma or Equivalent and 3 or more years of experience in the Claims, Underwriting or Brokerage or Market Facing area
    OR
  • High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area
  • Zurich approved Apprenticeship program including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area
  • AND
  • Knowledge of line/s of business and the legal and regulatory guidelines
  • Knowledge of time restraints for quotes on new and renewal business
  • Experience with Microsoft Office
    OR
    
    Senior Umbrella Excess Casualty Underwriter (Level III) Basic Qualifications:
    • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Brokerage or Market Facing area
      OR
    • High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area
      OR
    • Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
      OR
    • Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
      Preferred Qualifications:
      • Bachelor's Degree
      • Knowledge of Domestic Casualty
      • Ability to effectively assess risk
      • Strong negotiation skills
      • Strong broker relationships within a specified region
      • Superior skills in relationship building, active listening, needs analysis, and win-win negotiation.
      • Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
      • Excellent oral and written communication skills
      • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
        As an insurance company, Zurich is subject to 18 U.S. Code 1033.
        
        As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( ).
        
        A future with Zurich. What can go right when you apply at Zurich?
        
        Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500 . Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
        
        As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
        
        Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
        
        Location(s): AM - Boston
        Remote Working: Hybrid
        Schedule: Full Time
        Employment Sponsorship Offered: No
        
        Linkedin Recruiter Tag:
        
        

Keywords: Zurich Insurance Company Ltd., Boston , Senior Umbrella Excess Casualty Underwriter, Other , Boston, Massachusetts