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Underwriting Program Jobs in Arizona (NOW HIRING)

REQUIRED QUALIFICATIONS: - 3 or more years' financial analysis, pricing, or corporate underwriting ... This position is eligible for a CVS Health bonus, commission or short-term incentive program in ...

Captives Underwriter

Scottsdale, AZ ยท Hybrid

$124K - $199K/yr

You will have responsibility for underwriting workers compensation, general liability and commercial auto for Captive programs. The Captives Underwriter's major purpose is to profitably grow their ...

Responsible for evaluating investments, assessing key areas of risks and conformance with STORE credit standards and program requirements. * Responsible for underwriting, negotiating and managing ...

Responsible for evaluating investments, assessing key areas of risks and conformance with STORE credit standards and program requirements. * Responsible for underwriting, negotiating and managing ...

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Underwriting Program information

What are some common challenges faced by professionals working in an underwriting program, and how can they be addressed?

Professionals in underwriting programs often encounter challenges such as balancing risk assessment with business growth goals, managing tight deadlines, and adapting to evolving regulatory requirements. Staying updated with industry guidelines, leveraging advanced data analytics tools, and cultivating strong communication skills are essential strategies for overcoming these hurdles. Additionally, collaborating closely with sales, legal, and claims teams helps underwriters make well-informed decisions and maintain consistency across the organization.

What is an underwriting program?

An underwriting program is a structured process used by financial institutions, insurance companies, or lenders to evaluate the risk and eligibility of applicants for loans, insurance policies, or other financial products. The program sets the guidelines and criteria for assessing factors such as creditworthiness, health, or property value before approving or denying an application. By standardizing this evaluation, underwriting programs help organizations make informed decisions, minimize risk, and ensure compliance with regulations.

What is the difference between Underwriting Program vs Underwriter?

AspectUnderwriting ProgramUnderwriter
CredentialsTypically requires insurance or finance certifications, such as CPCU or FCASSame certifications often required, with additional experience in risk assessment
Work EnvironmentFocuses on developing, managing, and implementing underwriting policies and programsPerforms risk evaluation, decision-making, and approval of individual insurance applications
Employer & Industry UsageCommonly employed by insurance companies, brokers, and underwriting firmsFound within insurance companies, underwriting agencies, and brokers

In summary, an Underwriting Program focuses on creating and managing underwriting strategies and policies, while an Underwriter evaluates individual risks and approves insurance applications. Both roles require similar credentials and work within the insurance industry, but their responsibilities differ in scope and focus.

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

To excel in an Underwriting Program, strong analytical skills, attention to detail, and a relevant degree in finance, business, or a related field are essential. Familiarity with underwriting software, risk assessment tools, and industry certifications such as CPCU or AU are typically required. Effective communication, critical thinking, and decision-making skills help underwriters collaborate with stakeholders and evaluate complex information. These abilities ensure accurate risk evaluation, regulatory compliance, and profitable decision-making for financial institutions.
AVP, Underwriting Director, Construction Property

AVP, Underwriting Director, Construction Property

Zurich Insurance Group

Phoenix, AZ โ€ข On-site, Remote

Other

Posted 8 days ago


Job description

What can happen when you grow your career?

Now's the time to take the next step and make a difference. At Zurich, we want your ideas and experiences to help us grow and create lasting change.

Know someone who would be a great fit for this role? Zurich North America has two talent referral programs in the US. Scroll down to learn more and submit your referral.

Zurich North America is hiring an AVP, Underwriting Director, Construction Property to join our Specialties Construction team in Schaumburg, IL. We are open to hiring talent located within a commutable distance of any ZNA office location to take advantage of our flexible, hybrid working arrangements or potentially on a fully remote basis at the sole discretion of the hiring manager.

This role will be responsible for various aspects of Construction Property portfolio management including utilizing data analytics to inform strategy, stewarding underwriting quality, and partnering in tool & product innovation efforts.ย  Additional responsibilities include analyzing and underwriting highly complex new and renewal business in a referral capacity as a subject matter expert. This position will support Construction's efforts in customer service and profitable growth, working closely with leadership and various internal stakeholders to deliver comprehensive first-party risk transfer solutions for Construction Property.

There will be approximately 25% travel for this position.ย 


In this role you will be responsible for:

  • Manage data analytics-based initiatives at a national level, providing insights and subsequent tangible action items
  • Partner with Technical Underwriting in guideline and Business Strategic Directive development
  • Spearhead SBU led efforts in underwriting quality, including file/regulatory documentation and Technical Underwriting Reviews/Audits
  • Work at the highest authority limits on assignments utilizing a high degree of technical complexity and coordination, and under minimal direction, underwrite and analyze new and renewal business within delegated authority levels of highly complex assignments. Coordinate and support global referrals as required
  • Demonstrate specialized knowledge and expertise in products and industry.
  • Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manuals.
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Basic Qualifications:

  • High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area.
    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 or Market Facing area
    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:

  • CPCU
  • Advanced knowledge of Construction Property product lines, the commercial insurance and Construction/Engineering industry
  • Strong Broker relationships
  • Excellent communication skills
  • Excellent skills in relationship building
  • Strong presentation skills
  • Results oriented

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 proposed Salary range for this position is $130,000.00 - $215,000.00, with Global Specialty Incentive Plan bonus eligibility set at 40%.

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 - Schaumburg, AM - Addison, AM - Albuquerque, AM - Anoka, AM - Atlanta, AM - Austin, AM - Birmingham, AM - Boston, AM - Charlotte, AM - Chicago, AM - Dallas, AM - Dayton, AM - Denver, AM - Edina, AM - Edmond, AM - Gold River, AM - Greenwood Village, AM - Hartford, AM - Hollywood (FL), AM - Houston, AM - Independence, AM - Irvine, AM - Jersey City, AM - Los Angeles, AM - Maitland, AM - Metairie, AM - Nashville, AM - New York, AM - Oklahoma City, AM - Parsippany, AM - Pasadena, AM - Philadelphia, AM - Phoenix, AM - Pittsburgh, AM - Portland, AM - Richmond, AM - Salt Lake City, AM - San Francisco, AM - Seattle, AM - Sioux Falls, AM - St. Louis, AM - Washington DC, AM - Winston-Salem, AM - Woodland Hills
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered:ย Noย ย 
Linkedin Recruiter Tag: #LI-BN1 #LI-ASSOCIATE #LI-HYBRIDย