Zurich is currently looking for an experienced Commercial Surety Underwriter to join our Surety Team in the NY/NJ Metropolitan region. We are looking for talented professionals to work out of our NYC or Parsippany locations on a hybrid schedule with 3 days a week in office/marketplace.The Commercial Surety Underwriter will work to analyze and underwrite a book of new and renewal business. Underwriters will use the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers. In this role, you will partner with brokers and will utilize strong sales execution mindset to write profitable business.To bring leading talent into the organization and foster a culture of innovation and excellence, we encourage professionals from wide range of backgrounds and industries to apply and:Join a global company that gives you an opportunity to collaborate with some of the best talent in the businessUse your risk management, accounting, and/or finance experience to support the needs of our customersHave the autonomy and freedom to be successful in your careerExperience a customized training program dedicated to those new joiners outside of the insurance industry Additional responsibilities will include: 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.Contribute to development of u/w manuals, programs and guidelines.Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or productsInvestigate, recommend and implement leading edge technical solutions when they meet customer needs Required Qualifications: High School Diploma or Equivalent and 3 or more years of experience in the Underwriting, Finance, Accounting, Banking. or Market Facing areaORHigh School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support areaZurich Certified Insurance Apprenticeship program including an Associate Degree and 1 or more years of experience in the Underwriting, Finance, Accounting, Banking. or Market Facing areaORZurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support areaANDKnowledge of line/s of business and the legal and regulatory guidelinesKnowledge of time restraints for quotes on new and renewal businessExperience with Microsoft OfficePreferred Qualifications: Experience handling Large Commercial AccountsHighly preferred In-depth knowledge of Surety line/s of business and the legal and regulatory guidelines Highly preferred Knowledge of time restraints for quotes on new and renewal businessBachelor’s DegreeStrong verbal and written communication skillsMicrosoft Office experienceAbility to effectively assess riskStrong negotiation skillsStrong broker relationships Superior skills in relationship building, active listening, needs analysis, and win-win negotiationPossess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlinesExcellent oral and written communication skillsStrong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us.The pay range shown is a national average and may vary by location. The proposed Salary range for this position is $122,875.00 - $201,250.00, with short-term incentive bonus eligibility set at 15%. We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.] Why Zurich?At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®. Join us for a brighter future—for yourself and our customers. Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets. Zurich complies with 18 U.S. Code § 1033. Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal. Location(s): AM - New York, AM - ParsippanyRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: No Linkedin Recruiter Tag: #LI-WL1 #LI-ASSOCIATE
Job Title
Executive Underwriter - Commercial Surety