VP, Head of Construction Professional Liability, Underwriting
129159
Zurich North America is looking for a Head of Construction Professional Liability for our Specialties Business Unit. This position reports to the Head of Construction and can be based in one our Zurich Offices with business travel expected.
The Head of Construction Professional Liability is a critical role which requires P&L ownership of the +$150m Construction Professional Liability portfolio.
This position is responsible for developing and executing diverse multidimensional strategies across the portfolio. In addition, this position is responsible for ensuring that all key performance metrics (topline and bottom-line) are achieved. Talent attraction, development and retention are also critical responsibilities.
Responsibilities Include:
+ Leadership and oversight of the Construction Professional Liability underwriting team.
+ Effectively and efficiently manage the portfolio's P&L, meeting key financial objectives.
+ Develop and strengthen relationships with key stakeholders, distribution partners, and clients and prospects.
+ Develop and execute underwriting strategies across the portfolio.
+ Achieve profitable growth.
+ Meet rate/retention objectives.
+ Meet defined mix-shift objectives.
+ Support cross-sell initiatives inside/outside of SBU.
+ Talent management.
+ Achieve quality/compliance objectives.
+ Develop new underwriting processes and improve old ones, to ensure they support our strategic business objectives.
+ Develop innovative, customer-led solutions.
+ Promote and support Zurich's sustainability initiatives.
+ Active and visible field engagement and industry engagement, including representing Zurich at various industry events.
+ Active collaboration, coordination, and communication with key internal key stakeholders, including, but not limited to: Technical Underwriting, Risk Engineering, Claims and Premium Audit.
This Head of Construction Professional Liability Underwriting leadership role may be filled at either the VP or SVP level. The final level will be determined by the hiring manager based on the selected candidate's experience and qualifications relative to the requirements outlined for this role.
VP - Basic Qualifications:
+ Bachelor's Degree and 10 or more years of relevant Underwriting or Market Facing or Broker or Carrier or Risk Management experience within the Commercial Insurance industryAND
+ 5 or more years of management experience
+ Prior Construction Professional Liability experience
SVP - Basic Qualifications:
+ Bachelor's Degree and 12 or more years of relevant Underwriting or Market Facing or Broker or Carrier or Risk Management experience within the Commercial Insurance industryAND
+ 5 or more years of management experience
+ Prior Construction Professional Liability experience
Preferred Qualifications:
+ Advanced knowledge of Construction Professional Liability practices
+ P&L andStrategic planning experience
+ Strong managerial, team building, influence management, thought leadership, collaboration, and conflict resolution skills
+ Ability to manage complex portfolios
+ Technical knowledge of insurance industry operations and processes
+ Excellent problem solving and organizational skills
+ Strong executive presence, the ability to interact with the C-suite and across all levels of the organization
+ Ability to manage vision and purpose, lead the organization through innovative and creative thinking
+ CPCU
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 $198,000.00 - $378,300.00. The proposed salary range for the VP is $198,000.00 - $280,000.00, with short-term incentive bonus eligibility set at 25%. The proposed salary range for the SVP is $216,100.00 - $378,300.00, with short-term incentive bonus eligibility set at 35%.
**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.
**Please note:** Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.
Location(s): AM - New York, AM - Atlanta, AM - Boston, AM - Chicago, AM - Dallas, AM - Philadelphia, AM - Pittsburgh, AM - Rocky Hill, AM - Schaumburg
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-BK1 #LI-EXECUTIVE
EOE Disability / Veterans