Underwriting Specialist, Construction

at  Zurich insurance

Vancouver, BC, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate30 Jan, 2025Not Specified31 Oct, 20246 year(s) or aboveGood communication skillsNoNo
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Description:

The Opportunity
Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.
If you have previous management and underwriting experience and are looking for a new challenge, we would love to hear from you.
Zurich Canada is looking for an Underwriting Specialist in Construction to analyze and underwrite new and renewal business, under limited direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers.
This is a hybrid opportunity.

What you will do:

  • 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 agent/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 contact for assigned target accounts.
  • Develop strong broker and client networks as related to industries underwritten by Business Unit.
  • Calculate Target Price accurately by utilizing underwriting tools appropriately.
  • Measure exposure/analyze risk.
  • Initiate product development idea.
  • Assist in training and developing staff.
  • Provide expertise on coverage issues with claims programs and guidelines.
  • Contribute to development of u/w manuals, programs and guidelines.
  • Approve/place facultative purchases
  • Develop and lead marketing presentations to new and current agents/brokers
  • Promote the organization’s products and services in order to increase penetration within agency plant
  • Ensure the successful completion of projects by maintaining continuing dialogue with business unit sponsors during implementation of major projects
  • Diagnose and develop recommendations to solve unique business unit and customer problems
  • Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or products
  • Investigate, recommend and implement leading edge technical solutions when they meet customer needs

Job Qualifications - What you bring to the table:
Required:
• 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 o r 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 area

Responsibilities:

MAKE A DIFFERENCE. BE CHALLENGED. BE INSPIRED. BE SUPPORTED. LOVE WHAT YOU DO. WORK FOR US.

About Us:
Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals’ first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.
About Us:
Collaborate Together
Develop & Grow
Puts Customers First
Fuel Innovation
Technical Competency 1
Technical Competency 2
Motivational fit
Provide Clear Direction
Make it Happe

What you will do:

  • 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 agent/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 contact for assigned target accounts.
  • Develop strong broker and client networks as related to industries underwritten by Business Unit.
  • Calculate Target Price accurately by utilizing underwriting tools appropriately.
  • Measure exposure/analyze risk.
  • Initiate product development idea.
  • Assist in training and developing staff.
  • Provide expertise on coverage issues with claims programs and guidelines.
  • Contribute to development of u/w manuals, programs and guidelines.
  • Approve/place facultative purchases
  • Develop and lead marketing presentations to new and current agents/brokers
  • Promote the organization’s products and services in order to increase penetration within agency plant
  • Ensure the successful completion of projects by maintaining continuing dialogue with business unit sponsors during implementation of major projects
  • Diagnose and develop recommendations to solve unique business unit and customer problems
  • Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or products
  • Investigate, recommend and implement leading edge technical solutions when they meet customer need


REQUIREMENT SUMMARY

Min:6.0Max:11.0 year(s)

Insurance

Banking / Insurance

Insurance

Graduate

Proficient

1

Vancouver, BC, Canada