Financial Lines Technical Underwriting Director

Financial Lines Technical Underwriting Director

Zurich North America (ZNA) is seeking a Financial Lines Technical Underwriting Director for Zurich E&S, ZNA's independent business division servicing the excess and surplus lines industry. The Financial Lines Technical Underwriting Director is a new position that will be responsible for the development and implementation of underwriting rules, guidelines and products to support Zurich E&S financial lines offerings : Public and Private Management Liability, Employment Practices Liability Miscellaneous Errors and Omissions, Cyber and supporting lines. This role will monitor market trends for profitability indicators and emerging issues and ensure the financial lines offerings remain current and appropriate to the customer segments served by the E&S unit. The role will be responsible for recommending and developing underwriting rules and guidelines including identifying opportunities to leverage objective data points as drivers of risk selection, coverage and terms. The role will work with the Head of E&S, Head of Underwriting and Head of E&S Financial Lines in identifying opportunities to define appetite supported by market sizing and profitability assessments, and to identify opportunities for corrective actions to enhance profitability. The position will also work with the Product Development team as an SME in the development of new standard or bespoke coverages. As part of the product development process, the role will collaborate with actuaries to ensure product changes are appropriately reflected in rating plans. The role will also assist in the identification and development of reporting capabilities to support monitoring of portfolio KPI's and insights and report regularly to the line of business management team. Lastly, the role will provide training to underwriting teams on new products or processes and well as participate in ongoing Quality Assurance reviews. We are looking for a leader with strong influencing and leadership skills and the ability to cultivate portfolio insights and actionable underwriting plans. The new position reports to the Head of Underwriting E&S and will be located in Chicago, IL, Schaumburg, IL or New York, NY. Flexible work arrangements may be available. Some travel may be required.

Required Qualifications

Bachelors Degree and 8 or more years of experience in the Underwriting area OR High School Diploma or Equivalent and 10 or more years of experience in the Underwriting area

Preferred Qualifications

CPCU

Advanced knowledge of line / s of business and the legal and regulatory environment

Strong listening, verbal and written communication skills

10 or more years of financial lines underwriting, product or portfolio management experience

Extensive knowledge of surplus lines markets and products

Experience across an array of risk segments including large and mid-sized risks, as well as underwriting knowledge of both primary and excess coverage and deal structures.

Demonstrated experience in drafting underwriting guidelines that align with business unit strategy objectives as well as business unit and corporate risk tolerances

Demonstrated ability to leverage data and technology to drive underwriting outcomes

Expertise in product forms, coverage and manuscripting

Experience in identifying emerging risks and trends

Excellent communications skills and a demonstrated ability to translate complex underwriting concepts into actionable protocols and processes

Ability to conduct market research including knowledge of reliable tools and resources

Strong portfolio management skills and a demonstrated track record of strong underwriting performance in casualty

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 visit our website. The proposed salary range for this position is $130,000.00 - $213,000.00, with short-term incentive bonus eligibility set at 20%.

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.

Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. 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.

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