Executive Underwriter or AVP, Underwriter Director – Wrap Up’s

Zurich Insurance Company Ltd. is hiring an Executive Underwriter or AVP, Underwriter Director – Wrap Ups for its Global Specialties Underwriting team in Chicago, Cook County, US. This senior role manages complex new and renewal domestic Wrap‑Up accounts with a salary of $116,911.48.

Key Responsibilities

• Lead underwriting and pricing of large‑scale Wrap‑Up insurance programs for commercial clients.
• Develop and maintain strong relationships with brokers, agents, and key account stakeholders.
• Analyze risk exposures, assess loss histories, and recommend appropriate coverage limits and terms.
• Prepare detailed underwriting proposals, quotes, and renewal packages.
• Mentor junior underwriters and collaborate with cross‑functional teams including claims, actuarial, and legal.
• Monitor portfolio performance, profitability, and emerging market trends.
• Ensure compliance with Zurich’s underwriting guidelines and regulatory requirements.

Qualifications & Requirements

• Bachelor’s degree in Business, Finance, Risk Management, or related field; advanced degree or professional certifications (CPCU, ARM) preferred.
• 5+ years of underwriting experience, specifically in commercial Wrap‑Up or similar property & casualty lines.
• Proven track record of managing high‑value, complex accounts and achieving profitability targets.
• Strong analytical, negotiation, and communication skills.
• Ability to work in Chicago office or any Midwest Zurich regional office; remote work may be considered at hiring manager’s discretion.
• Proficiency with underwriting software and Microsoft Office Suite.

Benefits

• Competitive salary of $116,911.48 per year.
• Comprehensive health, dental, and vision plans.
• Retirement savings options with company match.
• Professional development and tuition reimbursement.
• Flexible work arrangements and supportive team culture.

Frequently Asked Questions

What type of insurance does the Wrap‑Up Underwriter role focus on?

The position specializes in commercial Wrap‑Up property and casualty programs, providing comprehensive coverage for large construction and development projects.

Can I work remotely for this Zurich Insurance role?

Remote work may be considered for candidates located in the Midwest US, subject to approval by the hiring manager.

What experience is required for the Executive Underwriter position?

At least five years of underwriting experience in commercial Wrap‑Up or similar lines, with a proven ability to manage complex, high‑value accounts.