? (Only 24h Left) Surety VP Market Facing Underwriting Officer
Company: Zurich Insurance Company Ltd.
Location: Owings Mills
Posted on: July 6, 2025
|
|
Job Description:
Zurich Insurance is currently looking for a VP Market Facing
Underwriting Officer – Core Contract Northeast Region Surety
Division. This is a highly technical and market facing position and
requires experience with Surety lines of business. Ideal candidate
for this position will be located in Owings Mills, Maryland; Hybrid
- East PA; Bethesda, Maryland; DC or North VA. This position will
require approximately 20% travel. As a member of Zurich's Surety
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 Surety business utilizing
The Zurich Way of Underwriting Framework within delegated authority
levels on assignments of higher technical complexity ensuring a
high-level service to customers. Our Underwriters are Client
Externally Focused and the job’s core deliverables rely on
delivering service to external clients and/or customers. Typically
involves building relationships and promoting the company. This is
a great opportunity to utilize your management skills to help us
profitably manage our Core Contract Surety book. This is a critical
leadership position that will focus on developing our underwriting
talent and driving and cultivating broker relationships. We are
looking for a Leader that will exercise strong technical
underwriting knowledge while managing a team of production
underwriters. A Leader that will empower, develop, and drive a
cohesive team in delivering on our strategy in an appetite
appropriate manner that strengthens our market positioning. This
role requires an influential approach to business relationships and
oversight on strategic underwriting practices. To analyze and
underwrite highly complex new and renewal business, under minimal
direction, utilizing The Zurich Way of Underwriting Framework as a
subject matter expert, ensuring a high-level service to customers.
The Sr. Regional VP is responsible for: - Working under minimal
direction, underwrite and analyze new and renewal business within
delegated authority levels of highly complex assignments -
Demonstrate specialized knowledge and expertise in products and
industry. - Administer and monitor underwriting rules and
guidelines, insurance laws and regulations, and rating manuals. -
Work at the highest authority limits on assignments utilizing the
highest degree of technical complexity and coordination. Develop
and maintain relationships with distributors (agents & brokers) in
support of business retention and acquisition and works with
customers and distributors (agents & brokers) to determine their
insurance related needs and provide solutions. - Support the
organization's sales culture by being a Help Point for agents,
brokers and customers. - Contribute to the development of
propositions. Provide technical guidance, assistance, and training
to lower level underwriters. - 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. - Sponsor / lead
product development. - Develop training. - Drive/manage how
Business Unit will deal with emerging issues. - Resolve technical
issues for company. - Provide expertise on coverage issues with
claims. - Develop u/w manuals, programs and guidelines. - Handle &
review large/complex underwriting submissions and annual
underwriting reviews. - Benchmark and establish best practices. -
Act as mentor. Basic Qualifications: - High School Diploma or
Equivalent and 7 or more years of experience in the Underwriting or
Market Facing area or Finance, Accounting, Banking. OR - High
School Diploma or Equivalent and 14 or more years of experience in
the Claims or Underwriting Support area OR - Zurich Certified
Insurance Apprentice including an Associate Degree and 5 or more
years of experience in the Underwriting or Market Facing area or
Finance, Accounting, Banking. OR - Zurich Certified Insurance
Apprentice including an Associate Degree and 12 or more years of
experience in the Claims or Underwriting Support area AND -
Experience with Microsoft Office Preferred Qualifications: -
Bachelor’s Degree - Advanced knowledge and practice of line/s of
business - Strong knowledge of underwriting philosophy, techniques,
national/local filing regulations and guidelines - Ability to
effectively assess risk - Ability to work in a team-based
environment - Knowledge of time restraints for quotes on new and
renewal business - Strong presentation skills At Zurich,
compensation for roles is influenced by a variety of factors,
including but not limited to the specific office location, role,
skill set, and level of experience. In compliance with local laws,
Zurich commits to providing a fair and reasonable compensation
range for each role. For more information about our Total Rewards,
please click here. Additional rewards may encompass short-term
incentive bonuses and merit increases. We encourage candidates with
salary expectations beyond the provided range to apply as they will
be considered based on their experience, skills, and education. The
compensation indicated represents a nationwide market range and has
not been adjusted for geographic differentials pertaining to the
location where the position may be filled. The proposed salary
range for this position is $130,000.00 - $213,000.00, with
short-term incentive bonus eligibility set at 20%. As an insurance
company, Zurich is subject to 18 U.S. Code § 1033. 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. Zurich in North
America is an equal opportunity employer. All qualified applicants
will receive consideration for employment without regard to
race/ethnicity, color, religion, sex, sexual orientation, gender
identity, national origin, disability, or protected veteran status.
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 - Owings Mills, AM - Maryland Virtual
Office, AM - Pennsylvania Virtual Office, AM - Virginia Virtual
Office, AM - Washington DC, AM - Washington DC Virt. Office Remote
Working: Hybrid Schedule: Full Time Employment Sponsorship Offered:
No Linkedin Recruiter Tag: LI-LC1 LI-DIRECTOR LI-HYBRID
Keywords: Zurich Insurance Company Ltd., Dale City , ? (Only 24h Left) Surety VP Market Facing Underwriting Officer, Accounting, Auditing , Owings Mills, Virginia