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How much do underwriting executive jobs pay per hour?

As of Jun 15, 2026, the average hourly pay for underwriting executive in the United States is $22.75, according to ZipRecruiter salary data. Most workers in this role earn between $18.75 and $25.72 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Underwriting Executive, and why are they important?

To thrive as an Underwriting Executive, you need a strong background in risk assessment, analytical reasoning, and a degree in finance, business, or a related field. Familiarity with underwriting software, industry-specific databases, and professional certifications such as Chartered Property Casualty Underwriter (CPCU) are highly valued. Attention to detail, negotiation skills, and clear communication set top performers apart in this role. These skills ensure accurate policy decisions, minimize organizational risk, and maintain strong client and stakeholder relationships.

What are some common challenges faced by Underwriting Executives when assessing complex insurance applications?

Underwriting Executives often encounter challenges when evaluating complex or high-value insurance applications, such as interpreting ambiguous information, balancing risk factors, and keeping up with evolving industry regulations. These situations may require collaboration with actuaries, legal teams, and senior management to ensure decisions are both profitable and compliant. Staying detail-oriented and maintaining up-to-date knowledge of market trends is key to navigating these complexities effectively. Additionally, strong communication skills are essential when explaining decisions or negotiating terms with brokers and clients.

What is the difference between Underwriting Executive vs Underwriter?

AspectUnderwriting ExecutiveUnderwriter
CredentialsTypically requires a relevant degree and professional certifications like CPCU or ARMOften requires similar certifications, with some roles requiring less experience
Work EnvironmentLeads underwriting teams, makes strategic decisions, interacts with senior managementPerforms detailed risk assessments, reviews applications, and makes underwriting decisions
Industry UsageUsed in insurance companies, especially in managerial or strategic rolesCommonly used across insurance, reinsurance, and underwriting agencies

The Underwriting Executive typically oversees underwriting operations and makes strategic decisions, while the Underwriter focuses on evaluating individual risks and approving policies. Both roles require relevant certifications and industry experience, but the Executive has a broader leadership scope.

What does an Underwriting Executive do?

An Underwriting Executive is responsible for assessing and evaluating risks for insurance applications or financial products, such as loans or mortgages. They review applications, analyze information, and determine the terms and conditions under which coverage or credit will be offered. Their role involves balancing the needs of the client with the risk tolerance of their company, ensuring profitability while providing fair service. Underwriting Executives also help set policies and may oversee junior underwriters or teams.
More about Underwriting Executive jobs
What cities are hiring for Underwriting Executive jobs? Cities with the most Underwriting Executive job openings:
What are the most commonly searched types of Underwriting jobs? The most popular types of Underwriting jobs are:
What states have the most Underwriting Executive jobs? States with the most job openings for Underwriting Executive jobs include:
Underwriting Specialist or Executive Underwriter, Large Property

Underwriting Specialist or Executive Underwriter, Large Property

Zurich Insurance Group

Los Angeles, CA โ€ข Hybrid

$75K - $215K/yr

Other

Posted 27 days ago


Job description

Zurich is seeking a Property Underwriting Specialist OR Executive Underwriter, Large Property for our National Accounts Large Property Underwriting team in our San Francisco or Los Angeles. While this position will be based out of a Zurich office, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office/market three days per week.

This role will be filled at either the Property Underwriting Specialist OR Executive Underwriter 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.

As a Property Underwriting Specialist OR Executive Underwriter, Large Property you will have a chance to use your marketing and analytical skills. Specifically, you will analyze and underwrite new and renewal business, under general direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high level service to customers. This is a market facing position thus we are seeking someone with a strong sales execution mindset and knowledge of commercial property policies.
Some of the key accountabilities of this role include:

  • Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
  • Develop, maintain & collaborate with Line of Business representatives and other business related needs, as appropriate.
  • Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
  • Support the organization's sales culture by being a Help Point for agents, brokers and customers.
  • 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 broker/customer and on-sight calls with a planned and well-prepared purpose.

Basic Qualifications - Underwriting Specialist, Large Property:

  • 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

OR

Basic Qualifications - Executive Underwriter, Large Property:

  • High School Diploma or Equivalent and 5 or more years of experience in commercial underwriting or brokerage 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 approved Apprenticeship program including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
    OR
  • Zurich approved Apprenticeship program including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
  • Knowledge of Microsoft Office
  • Experience working on time restraints for quotes on new and renewal business
  • Experience working in a team environment

Preferred Qualifications (Both levels):

  • Bachelors Degreeย 
  • Technical knowledge of commercial Property Underwriting
  • Established broker relationships (Retail, select brokers) in Western Region
  • Sales execution mindset
  • Creative problem solving skills
  • Strong verbal and written communication skills

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us. The pay range shown is a national average and may vary by location. The combined salary range for this position is $75,000.00 - $215,000.00. The proposed salary range for the Underwriting Specialistย  is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $130,000.00 - $215,000.00, with short-term incentive bonus eligibility set at 15%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

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Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future-for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code 1033.

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Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - San Francisco, AM - Los Angeles
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered:ย Noย ย 
Linkedin Recruiter Tag: #LI-BN1 #LI-ASSOCIATE #LI-HYBRIDย