Underwriting Specialist, Construction

Overview

Join Zurich Canada as an Underwriting Specialist, Construction. The role analyzes and underwrites new and renewal business, under limited direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers. This is a hybrid opportunity.

What you will do

• 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-site 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 meetings 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 the effective date.
• Update required systems with details of broker / client visits and account status within the specified time frame.
• Serve as key contact for assigned target accounts.
• Develop strong broker and client networks related to industries underwritten by the Business Unit.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Measure exposure and analyze risk.
• Initiate product development ideas.
• Assist in training and developing staff.
• Provide expertise on coverage issues with claims programs and guidelines.
• Contribute to the development of u/w manuals, programs and guidelines.
• Approve/place facultative purchases.
• Develop and lead marketing presentations to new and current agents/brokers.
• Promote the organization\'s products and services in order to increase penetration within agency plant.
• Ensure the successful completion of projects by maintaining continuing dialogue with business unit sponsors during implementation of major projects.
• Diagnose and develop recommendations to solve unique business unit and customer problems.
• Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or products.
• Investigate, recommend and implement leading edge technical solutions when they meet customer needs.

Qualifications

Required:

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area.
• High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area.
• Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area.
• Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area.
• Knowledge of Microsoft Office.
• Experience working on time restraints for quotes on new and renewal business.
• Experience working in a team environment.
• Business writing and presentation skills in both French and English.

Preferred:

• 6+ years experience in Construction Underwriting.
• Bachelor\'s Degree.
• Strong verbal and written communication skills.
• Microsoft Office experience.

Verbal and written proficiency in the English language is required in order to facilitate communication with internal and external key stakeholders located outside of Quebec.

Compensation

The starting salary range for this position is CA$100,000 – CA$145,000. Compensation varies by location, role, skill set, and experience. Zurich provides a reasonable range of compensation in good faith as required by local law.

Our culture

• We are proud of our culture and are committed to Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we strive to reflect the communities in which we live and work.
• We value collaboration and diverse perspectives, and we provide tools to help our employees make an impact.
• We offer a comprehensive health and benefits plan with varying levels of coverage and a competitive total compensation package.
• We provide a minimum of four weeks of vacation per year, and four personal days per year for personal reasons.
• We support continuous training and development opportunities.
• We are committed to community involvement and giving back through our talent, time and resources.
• Zurich has been recognized as a great workplace, including Greater Toronto’s Top Employers and Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Zurich Canada

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide. Zurich Canada serves mid-sized and large companies in the Canadian commercial market, with offices across the country and a commitment to be a premier risk management partner.

A future with Zurich

As a global company, Zurich values diversity and inclusion and is committed to providing a diverse, accessible, and barrier-free environment. We recruit talent from varied backgrounds and promote ongoing career development, belonging, and equity.

Zurich does not accept unsolicited resumes from search firms or employment agencies. If you are a preferred vendor, use the Recruiting Agency Portal for resume submissions. For accessibility accommodations, please advise if you require an accommodation in the application process.

Zurich Insurance Company Ltd, 100 King St., W., Suite 5500, Toronto, ON, M5X 1C9. www.zurichcanada.com

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• General Business

Industries

• Insurance and Financial Services

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