Underwriter or Underwriting Specialist - Construction Property

Zurich is seeking an experienced Underwriting Specialist - Construction Property to join our Specialties Construction team in either our Chicago or Minneapolis office! While this position will be based out of one of these locations, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers.

We are also open to remote candidates located in Iowa with preference in the Des Moines area.

As Construction Property Underwriter, you will handle complex new and renewal Builders Risk and Fixed Property/Inland Marine accounts and serve as a Subject Matter Expert on the team. As a member of Zurich's Underwriting Team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills while building relationships with Select Brokers focused in the Midwest region.

In this role, you will:

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 opportunitiesQualify 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 purposeNegotiate Terms & Conditions and close deals.Cross-Sell other lines of business to increase product density with the accountParticipate in Sales Team meetings 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.Serve as key Zurich contact for assigned target accounts.Calculate Target Price accurately by utilizing underwriting tools appropriately.Measure exposures/analyze risk.Service accounts, handles declination's/cancellations.Anticipate customer needs, monitor trends in order to recommend changes.Business Travel, as requiredExtended Hours during Peak Periods, as requiredMaintain a Valid Driver's License, as requiredRegular Predictable AttendanceVisibility in the Office, as required

This role will be filled at either an Underwriter or Underwriting Specialist 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.

Underwriter – Construction Property Basic Qualifications:

High School Diploma or Equivalent and 1 or more years of experience in the Underwriting or Market Facing area. ORHigh School Diploma or Equivalent and 2 or more years of experience in the Claims or Underwriting Support area ORZurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area ORZurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area ANDKnowledge of line/s of business and the legal and regulatory guidelinesKnowledge of time restraints for quotes on new and renewal businessExperience with Microsoft Office

OR

Underwriting Specialist – Construction Property Basic Qualifications:

High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area or Banking, Mortgage, Finance, Construction ORHigh School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area ORZurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area or Banking, Mortgage, Finance, Construction ORZurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area ANDKnowledge of line/s of business and the legal and regulatory guidelinesKnowledge of time restraints for quotes on new and renewal businessExperience with Microsoft Office

Preferred Qualifications:

Bachelor’s DegreeStrong verbal and written communication skillsConstruction Property insurance lines experience

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us. The pay range shown is a national average and may vary by location. The combined salary range for this position is $60,000.000 - $125,000.00. The proposed salary range for the Underwriter is $60,000.000 - $95,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Underwriting Specialist is $75,000.000 - $125,000.00, with short-term incentive bonus eligibility set at 10%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code

1033.

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Chicago, AM - Iowa Virtual Office, AM - Minneapolis

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

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