Working within the National Accounts Casualty team in Toronto, the role of this Casualty Specialist underwriting role is to generate a pipeline of new business opportunities whilst managing a renewal portfolio of highly complex risk managed accounts with revenues $1B or greater.
Supported by a dedicated local team of Underwriting Assistants, Liability Risk Engineers, International Service Specialists, Pricing Actuaries and an industry leading claims team, this is your opportunity to join a growing and highly successful organization.
Basic Qualifications :
High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area. For SURETY POSITIONS ONLY : OR Finance, Accounting or Banking experience
High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area
Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area
Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Und erwriting Support area
Experience with Microsoft Office
Preferred Qualifications :
Minimum 10 years’ experience in Casualty underwriting with increasing responsibility in handling accounts with increasing complexity and responsibility.
Highly developed negotiation skills.
Advanced knowledge and practice of line / s of business
Strong knowledge of underwriting philosophy, techniques, national / local filing regulations and guidelines
Ability to effectively assess risk
Ability to work in a team-based environment
Knowledge of time restraints for quotes on new and renewal business
Strong presentation skills
Professional Insurance Designation; CIP, CRM or equivalent.
As a customer led organization, you must lead innovation and drive change by challenging the status quo in seeking creative solutions to meet customer needs.
Manage and grow trusting relationships with regional brokers in Ontario.
In depth understanding of regional / local insurance demographics and competitor landscape.
Proactively seek new account opportunities in keeping with Zurich’s strategy and risk appetite.
Drive the target account process with assigned brokers, managing a qualified list of opportunities a minimum of 120 days prior to effective date.
Comprehensive knowledge of liability coverages, deductible and retention structures.
In depth understanding of complex account structures, including ability to underwrite primary liability, umbrella and excess lines of business for a wide variety of industry classes.
Strong decision-making skills and the ability to bring creativity to underwriting risks and provide sustainable solutions in balancing the needs of the client while maintaining account profitability.
Superior organizational, deal management and negotiation skills.
Ability to understand and interpret financial statements and related information.
Experience with facultative reinsurance placements and ability to negotiate competitive terms.
Proactively drive involvement of functional areas in the Underwriting process, including Risk Engineering, Claims, Actuarial, Finance, Distribution and other LoB’s.
Highly collaborative total account view in working with other Zurich Lines of Business to drive product density and consistently provide best possible terms .
Assist in training and mentoring of less experienced staff.
Business Travel, as required.
Extended hours during Peak Periods, as required.
Maintain a valid Driver’s License, as required.
Highly collaborative total account view in working with other Zurich