Underwriter

Job Summary

To analyze and underwrite new and renewal business, under general direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high level service to customers.

Job Qualifications

Required:

- High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area. For SURETY POSITIONS ONLY: Finance, Accounting, Banking. For Financial Lines positions only
- Public, Management Liability and FI: Accounting, Banking, Risk Management. For Cyber positions only: Cybersecurity, Finance, Management Consulting. For CONSTRUCTION POSITIONS ONLY: Banking, Mortgage, Finance, Construction

OR
- High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area

OR
- Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area For SURETY POSITIONS ONLY: Finance, Accounting, Banking. For Financial Lines positions only-Public, Management Liability and FI: Accounting, Banking, Risk Management. For Cyber positions only: Cybersecurity Sales, Contract / Vendor Management For CONSTRUCTION POSITIONS ONLY: Banking, Mortgage, Finance, Construction

OR
- Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or

Underwriting Support area
AND
- Knowledge of line/s of business and the legal and regulatory guidelines
- Knowledge of time restraints for quotes on new and renewal business
- Experience with Microsoft Office

Preferred:

- Bachelors Degree
- Strong verbal and written communication skills

Job Accountabilities - Key Accountabilities
- Underwrite and analyze new and renewal business utilizing The Zurich Way of Underwriting framework and within delegated authority levels on assignment of higher technical complexity and coordination.
- Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating annual rules.
- Develop, maintain & collaborate with Line of Business representatives on referrals and other business related needs, as appropriate.
- May provide guidance to lower level associates.
- 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.
- Supports the sales culture by being a Help Point for agents, brokers and customers.
- 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 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 Zurich contact for assigned target accounts.
- Calculate Target Price accurately by utilizing underwriting tools appropriately.
- Measure exposures/analyze risk.
- Quote and set coverage, negotiate terms and conditions.
- Service accounts, handles declination's/cancellations.
- Participate in marketing presentations to assigned agents/brokers.
- Provide technical advice that enables a customer to solve a problem or improve business.
- Develop and maintain positive customer relationships by meeting regularly with customers when no specific initiative is underway.
- Anticipate customer needs, monitor trends in order to recommend changes.
- Analyze needs, develop and recommend alternatives for improvements to processes, customer service or products.
- Lead short-term (3 to 9 months) defined scope projects.

**You are the heart & soul of Zurich**

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

Let’s continue to grow together
- Location(s): SG - Singapore
- Remote working:

- Schedule:

- Recruiter name: Marina Destiana
- Closing date: