Underwriter - D&O, Fiduciary, Employment Practices Liability - Zurich NA (New York, NY)
Posted: Tuesday, January 8, 2013 2:23 AM
Job Summary Zurich Insurance Group (Zurich) is a leading multi-line insurance provider with a global network of subsidiaries and offices in Europe, North America, Latin America, Asia-Pacific and the Middle East as well as other markets. It offers a wide range of general insurance and life insurance products and services for individuals, small businesses, mid-sized and large companies as well as multinational corporations. Zurich employs about 60,000 people serving customers in more than 170 countries. The Group, formerly known as Zurich Financial Services Group, is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt program which is traded over-the-counter on OTCQX. Further information about Zurich is available at company website. In North America, Zurich (company website) is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors. In addition, Zurich also offers life insurance products and services. 2012 marks Zurich''s 100 year anniversary of insuring America and the success of its customers, shareholders and employees. Zurich first brought its knowledge and experience in workers'' compensation insurance from Switzerland to America in 1912 to help its customers take intelligent risks and build the America known today. Further information about Zurich''s 100 year anniversary of insuring America is available at company website. In the U.S., risk engineering services are provided by Zurich Services Corporation. Life insurance offered in the United States is issued by Zurich American Life Insurance Company, an Illinois domestic life insurance company with offices in Schaumburg, Illinois and New York City. Zurich Insurance is currently looking for an Underwriter for Management Solutions team in our New York office. The ideal candidate will work in a team setting to underwrite and perform financial analysis for public companies within Zurich''s Management Solutions Group with specific focus on Directors & Officers, Fiduciary, Employment Practices Liability and Crime areas. Responsibilities Include: 1. Generating, underwriting and analyzing D&O, EPL, Fiduciary, E&O, Security & Privacy and Fidelity business. 2. Market facing and production within the Specialties Division. 3. Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules. 4. Developing and maintaining agency and broker relationships. 5. Working within broad limits and authorities on highly complex assignments. 6. Responsible for working on accounts in the Western region. Job Qualifications The ideal candidate will possess the following: 1. Bachelor''s Degree Preferred. 2. 4+ years of Underwriting experience with D&O, EPL, Fiduciary, E&O, Security & Privacy and Fidelity preferred. 3. Strong broker relationships in the West Region. 4. Excellent oral and written communication skills. 5. In-depth knowledge of line/s of business and legal and regulatory guidelines. 6. Strong negotiation skills. 7. Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines. 8. Ability to effectively assess risk. 9. Ability to multi-task. 10. Ability to function in a team environment. 11. Possess knowledge of time restraints for quotes on new and renewal business. 12. Proficient with Word, Excel and PowerPoint. 13. Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility. 14. Solid knowledge of processing methods and workflow procedures, and basic knowledge of insurance underwriting and regulations for assigned territories. 15. Knowledge of time restraints for quotes on new and renewal business. 16. CPCU and ARM a plus.
• Post ID: 36429053 newyork