Executive Underwriter - Commercial Surety

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Zurich North America is looking for a Executive Underwriter OR AVP, Underwriting Director to join our Commercial Surety team within on of the following locations : Chicago, Schaumburg, Illinois, Michigan, Wisconsin, Ohio, or Indiana.

The Commercial Surety Underwriter is a uniquely technical role in the underwriting world. In this position you will be responsible for the overall account management, business development and analysis of a highly complex book of Commercial Surety Accounts. Our ideal candidate will have a can‑do positive attitude, strong financial background including credit analysis, excellent communication and presentation skills, time management skills, and the ability to further develop and sharpen established negotiation skills. Underwriters will use the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high‑level service to customers.

This is a great opportunity for an experienced Commercial Surety Underwriter to use their analytical skills, their entrepreneurial spirit, along with their ability to develop and maintain relationships with our North Central region Brokers and Customers to write profitable business.

This role will be filled at either the Executive Underwriter OR AVP, Underwriting Director Level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skillset relative to the qualifications listed for this position.

Additional responsibilities will include :

• Proactively seek renewal and new account opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity. Negotiate Terms & Conditions and close deals.
• Cross‑Sell other lines of business to increase product density with the account.
• Update required systems with details of broker / client visits and account status within specified time frame.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Diagnose and develop recommendations to solve unique business unit and customer problems.
• 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.

Executive Underwriter Basic Qualifications :

AVP, Underwriting Director – Basic Qualifications :

Preferred Qualifications :

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 combined salary range for this position is $98,500.00–$215,000.00. The proposed salary range for the AVP level is $98,500.00–$165,000.00, with short‑term incentive bonus eligibility set at 15%. For the VP level is $130,000.00–$215,000.00, 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 - Chicago, AM - Schaumburg, AM - Ohio Virtual Office, AM - Wisconsin Virtual Office, AM - Indiana Virtual Office, AM - Michigan Virtual Office

Remote Working : Yes

Schedule : Full Time

Employment Sponsorship Offered : No

Linkedin Recruiter Tag : #LI-KJ1 #LI-ASSOCIATE #LI-REMOTE

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