AVP, Surety Underwriting Officer
AVP, Surety Underwriting Officer

AVP, Surety Underwriting Officer

Birmingham Full-Time 84000 - 119000 £ / year (est.) Home office possible
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At a Glance

  • Tasks: Manage large contract accounts and build strong relationships with agents and customers.
  • Company: Join Zurich North America, a leading insurance provider with a focus on innovation.
  • Benefits: Enjoy a competitive salary, company car, and potential bonuses.
  • Why this job: This role offers a chance to work on complex assignments and make impactful business decisions.
  • Qualifications: 5+ years in underwriting or finance; strong analytical skills required.
  • Other info: Position may be remote within the West Region; travel required.

The predicted salary is between 84000 - 119000 £ per year.

Zurich North America is looking for a Market Facing Underwriter-Surety (AVP or VP) to join our Surety Large Contract Accounts West team. Ideally this role will be based out of San Francisco but may be located elsewhere in the West Region. The position will require approximately 20% travel and a company car will be provided.

This Market Facing Underwriter – Large Contract Surety Accounts role is a part of the West Region comprising of the 13 Western States. The position is responsible for managing both domestic and international Large Accounts and an assigned portfolio of Large targeted prospects. This is a highly technical and market facing position that requires significant experience with Contract Surety or comparable credit analysis. Building strong relationships with distributors (agents and brokers) and our customers in support of business retention and acquisition of new business is a key responsibility of this role.

The Market Facing Underwriter responsibilities include:

  • Underwriting and analyzing new and renewal Large Accounts

  • Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules

  • Developing and maintaining national agency and broker relationships

  • Working within broad limits and authorities on highly complex assignments

  • Clear and distinct accountability for business results

This role will be filled at either the AVP or VP 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.

AVP, Surety Underwriting Officer

  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area, Finance, Accounting or Banking experience

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 area

AND

  • Knowledge of Microsoft Office

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

  • Experience working in a team environment, VP, Senior Underwriting Officer

  • High School Diploma or Equivalent and 7 or more years of experience in the Underwriting, Market Facing area, Finance, Accounting, Banking.

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, Market Facing area, Finance, Accounting, Banking.

OR

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

AND

  • Experience with Microsoft Office

Preferred Qualifications:

  • Advanced knowledge and practice of Surety Bonds

  • Established Broker relationships

  • Ability to interact with the C-Suite

  • Ability to investigate and analyze complicated credit assessments, trends, business strategies and organizational character among other aspects of our customers

  • Ability to coherently articulate these strategies and financial concepts formulating fact based conclusions and recommendations.

  • Prior experience managing/growing profitable portfolio of customers

  • Negotiation experience with large, international and national organizations

  • Strong team building and organizational skills

Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, Click here . Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with 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 AVP is $120,000.00 – $170,000.00, with short-term incentive bonus eligibility set at 15%. For the VP 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 ( ).

AVP, Surety Underwriting Officer employer: Zurich Insurance

Zurich North America is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration. With a strong focus on employee development, our team members benefit from comprehensive training programs and the opportunity to build lasting relationships with industry leaders. Located in the vibrant city of San Francisco, employees enjoy a competitive compensation package, including performance-based bonuses, and the unique advantage of working within a diverse and innovative team dedicated to excellence in the Surety market.
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Contact Detail:

Zurich Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land AVP, Surety Underwriting Officer

✨Tip Number 1

Make sure to leverage your existing relationships with brokers and agents. Networking is crucial in the underwriting field, especially for a role that emphasizes building strong connections. Attend industry events or webinars to meet potential contacts.

✨Tip Number 2

Familiarize yourself with the latest trends in Surety Bonds and credit analysis. Being knowledgeable about current market conditions and regulations will help you stand out as a candidate who is prepared for the complexities of this role.

✨Tip Number 3

Prepare to discuss your experience with managing large accounts and how you've successfully grown profitable portfolios in the past. Be ready to provide specific examples that demonstrate your negotiation skills and ability to interact with C-Suite executives.

✨Tip Number 4

Showcase your teamwork and organizational skills during the interview process. This role requires collaboration with various stakeholders, so be prepared to discuss how you've effectively worked within teams to achieve business goals.

We think you need these skills to ace AVP, Surety Underwriting Officer

Advanced knowledge of Surety Bonds
Strong analytical skills for credit assessments
Experience in underwriting and market-facing roles
Established relationships with brokers and agents
Ability to interact with C-Suite executives
Negotiation skills with large organizations
Proficiency in Microsoft Office
Strong team building and organizational skills
Ability to work under time constraints
Clear communication skills for articulating financial concepts
Experience managing a profitable portfolio of customers
Understanding of insurance laws and regulations
Problem-solving skills in complex assignments

Some tips for your application 🫡

Tailor Your Resume: Make sure your resume highlights relevant experience in underwriting, market-facing roles, and any specific achievements related to large contract accounts. Use keywords from the job description to align your skills with what Zurich North America is looking for.

Craft a Compelling Cover Letter: In your cover letter, emphasize your experience with Surety Bonds and your ability to build relationships with brokers and clients. Share specific examples of how you've successfully managed portfolios or negotiated with large organizations.

Showcase Technical Skills: Highlight your proficiency in Microsoft Office and any other relevant software tools. If you have experience with credit analysis or financial assessments, make sure to include that as well, as it’s crucial for this role.

Prepare for Behavioral Questions: Anticipate questions about your teamwork and negotiation experiences. Be ready to discuss how you've handled complex assignments and built strong relationships in previous roles, as these are key aspects of the position.

How to prepare for a job interview at Zurich Insurance

✨Showcase Your Technical Expertise

Make sure to highlight your experience with Contract Surety and credit analysis during the interview. Be prepared to discuss specific cases where you've successfully managed large accounts or complex underwriting situations.

✨Demonstrate Relationship-Building Skills

Since building strong relationships with agents, brokers, and customers is crucial for this role, come prepared with examples of how you've successfully developed and maintained professional relationships in your previous positions.

✨Prepare for Complex Scenarios

Expect to be asked about how you would handle complex assignments and underwriting decisions. Think through some challenging scenarios you've faced in the past and how you navigated them to achieve positive outcomes.

✨Articulate Financial Concepts Clearly

You will need to communicate financial strategies and assessments effectively. Practice explaining complicated financial concepts in a clear and concise manner, as this will be key in interacting with C-suite executives.

AVP, Surety Underwriting Officer
Zurich Insurance
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  • AVP, Surety Underwriting Officer

    Birmingham
    Full-Time
    84000 - 119000 £ / year (est.)

    Application deadline: 2027-03-02

  • Z

    Zurich Insurance

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