Underwriting Specialist OR Executive Underwriter, Umbrella Excess Casualty (Chicago, IL, US)

Zurich Insurance
Chicago
Workplace: HybridFull timeUSD 83,400 - 180,500 annuallyFunction: Insurance & ActuarialExperience: 3+ yearsSkills: ["Relationship building","Communication","Presentation","Results oriented"]

Underwrite new and renewal Umbrella Excess Casualty business for National Accounts Large Property Underwriting in Zurich’s Chicago office. Using delegated authority and The Zurich Way of Underwriting Framework, you’ll handle highly complex accounts with limited direction. The role is market-facing—partnering with brokers and agents, assessing opportunities 90–120 days prior to effective dates, negotiating terms, and updating systems while growing broker and client networks.

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FursaFursa
Zurich Insurance
Zurich Insurance
5 hours ago

Underwriting Specialist OR Executive Underwriter, Umbrella Excess Casualty (Chicago, IL, US)

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Last checked: 5 hours agoStatus: Live

Job Summary

Underwrite new and renewal Umbrella Excess Casualty business for National Accounts Large Property Underwriting in Zurich’s Chicago office. Using delegated authority and The Zurich Way of Underwriting Framework, you’ll handle highly complex accounts with limited direction. The role is market-facing—partnering with brokers and agents, assessing opportunities 90–120 days prior to effective dates, negotiating terms, and updating systems while growing broker and client networks.
Location: Chicago
Workplace: Hybrid
Employment Type: Full time
Job Function: Insurance & Actuarial
Seniority: Mid level

Key Responsibilities

  • •Proactively seek renewal and new account opportunities and complete detailed opportunity assessments with key distributors to identify growth opportunities.
  • •Qualify accounts to meet the organization’s appetite, balanced with sound business opportunity.
  • •Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose, serving as the key contact for assigned target accounts.
  • •Negotiate terms and conditions, close deals, and cross-sell other lines of business to increase product density.
  • •Manage a qualified list of opportunities 90 to 120 days prior to effective dates and update required systems with broker/client visit details and account status.

Pay and Benefits

Salary: USD 83,400 - 180,500 annually

Key Requirements

  • •High school diploma or equivalent with 3+ years in underwriting or a market-facing area (or Zurich Certified Insurance Apprentice with an Associate Degree and 1+ years in underwriting/market-facing, or 4+ years in claims/underwriting support).
  • •For Executive Underwriter level: 5+ years in commercial underwriting/brokerage/market-facing (or 10+ years in claims/underwriting support), or Zurich-approved apprenticeship with an Associate Degree and 3+ years (or 8+ years) in relevant areas.
  • •Knowledge of lines of business and the legal and regulatory guidelines.
  • •Knowledge of time restraints for quotes on new and renewal business.
  • •Experience with Microsoft Office.
Experience:3+ years
Skills:Relationship buildingCommunicationPresentationResults oriented
Certifications:CPCU
Tech Stack:Microsoft Office

Company Brief

Zurich Insurance
Zurich Insurance Group is a global insurance company offering a wide range of general insurance and life insurance products and services to individuals, small businesses and large corporations across multiple markets worldwide.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Zurich, Switzerland
Founded: 1872
Glassdoor
Glassdoor: 3.7
WebsiteLinkedIn