Job Description

Zurich North America is hiring an Private Equity Underwriter, Middle Markets (Senior or AVP) to join our team!

Zurich Middle Markets has delivered double-digit growth over the last four consecutive years, and we strive to exceed that growth in the years ahead! We’ve been committed to assembling a team of Middle Market leaders and underwriters who understand this space very deeply and who grasp the unique challenges of the various industry segments and the individual customers we serve. We are looking to add to our Private Equity team in the Chicago IL Office and hire an experienced Private Equity Underwriter. In this role, you will serve as a customer advocate with a focus on improving the customer experience by understanding their unique risks and offering the best end-to-end solution for their Middle Markets Private Equity insurance needs.   

This position is a hybrid working opportunity based out of our Chicago IL office.

What you can expect in a Private Equity Underwriting Position in Middle Markets at Zurich:   

• You will develop and maintain relationships with brokers partners and customers across all industries in support of business objectives.    

• You will leverage your Private Equity underwriting acumen across risk assessment, exposure evaluation and pricing to generate and maintain a profitable book of new and renewal business.   

• You will work collaboratively across business units including but not limited to; claims, finance, risk engineering, actuary, and technical underwriting while gaining extensive knowledge in a growing and innovative industry.     

• You will be empowered to use your technical underwriting, negotiation, and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory.   

This role will be filled at either the Senior or AVP Level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.  

Senior Level Required Qualifications:  

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area.  
  OR 

• High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area  
  OR 

• Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area  
  OR 

• Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support are  
  AND 

• Knowledge of Microsoft Office  

• Experience working on time restraints for quotes on new and renewal business  

• Experience working in a team environment  

OR  

AVP Level Required Qualifications:  

• High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area  
  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 

• Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area  

Preferred Qualifications:   

• Bachelors Degree  

• Established relationships with Private Equity broker partners  

• Strong verbal and written communication skills  

• Microsoft Office experience  

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 salary 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 $120,000.00 - $222,000.00.  The  proposed  salary range for the  Senior Level  is $120,000.00 - $170,000.00, with short-term incentive bonus eligibility set at 15%.  F or the AVP Level is $172,000.00 - $222,000.00, with short-term incentive bonus eligibility set at 20%.

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ().

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.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet 

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
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

 
Linkedin Recruiter Tag: #LI-AK1 #LI-ASSOCIATE #LI-HYBRID 

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