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 experience in marine underwriting and are looking for a new challenge, we would love to hear from you.
Zurich Canada is currently looking for a Senior Underwriter, Marine to analyze and underwrite new and renewal business, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high level of service to customers.
Reporting to the Head of Marine Underwriting, you will be responsible for underwriting and analyzing new and renewal business, administering and monitoring underwriting rules and guidelines, and developing relationships with distributors in support of business retention and acquisition.
This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.
This is a hybrid work opportunity.
• Underwrite and analyze new and renewal business using Zurich's underwriting framework within delegated authority for complex assignments.
• Administer and monitor underwriting rules, guidelines, insurance laws, regulations, and rating rules.
• Collaborate with Line of Business representatives on referrals and business needs.
• Provide guidance to lower-level associates.
• Develop and maintain relationships with brokers to support business retention and acquisition, and address customer insurance needs.
• Proactively seek renewal and new account opportunities.
• Conduct detailed opportunity assessments with key distributors to identify growth opportunities.
• Qualify accounts to align with the organization's risk appetite and business opportunities.
• Make well-prepared broker and customer calls.
• Negotiate terms and conditions, and close deals.
• Cross-sell other lines of business to increase account product density.
• Participate in Sales Team meetings related to assigned brokers and / or territories.
• Engage in the target account process, managing a list of opportunities 90 to 120 days prior to the effective date.
• Update systems with broker / client visit details and account status promptly.
• Serve as the key Zurich contact for assigned target accounts.
• Calculate target prices accurately using underwriting tools.
• Measure exposures, analyze risks, quote, and set coverage terms.
• Service accounts, handle declinations and cancellations.
• Participate in marketing presentations to assigned brokers.
• Provide technical advice to help customers solve problems or improve their business.
• Maintain positive customer relationships by meeting regularly with customers.
• Anticipate customer needs and monitor trends to recommend changes.
• Analyze needs and recommend alternatives to improve processes, customer service, or products.
What you bring to the table
• High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area.
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.
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
• Bachelor's Degree
• Strong verbal and written communication skills
• Minimum 4 years marine underwriting experience
• Fluency, both spoken and written, in French
• Fluency in both spoken and written English is required to facilitate communication with internal and external stakeholders outside Quebec.
• At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.
• We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.
• We care about our employees' well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.
• We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.
• We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.
• We are committed to continuous improvement and offer access to a comprehensive range of training and development opportunities.
• We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.
• We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto's Top Employers and to have received Insurance Business Canada's 5-Star Diversity, Equity and Inclusion Award.
Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for 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.