Zurich North America Senior Underwriter Reviews | Glassdoor

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Zurich North America Senior Underwriter Reviews

Updated Mar 29, 2019

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Found 15 reviews

2.6
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Rating TrendsRating Trends
31%
Recommend to a Friend
100%
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Zurich North America CEO Kathleen Savio
Kathleen Savio
2 Ratings
  1. Helpful (1)

    "Great Insurer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriter in New York, NY
    Recommends
    Approves of CEO

    I have been working at Zurich North America full-time for more than a year

    Pros

    Good culture, opportunities for growth

    Cons

    Slow movement on projects can be frustrating

    Zurich North America2018-06-01

    Zurich North America Response

    June 19, 2018Talent Acquisition Manager

    We think you said it best: We are a great insurer, providing a good culture and many opportunities for our people to expand their career paths. Sometimes projects can move slowly, but taking your time to ensure each component of a project is complete results in a more successful ...

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  2. Helpful (6)

    "Would not recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriter 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Zurich North America full-time

    Pros

    - Global company - Exposure to larger accounts

    Cons

    - Low career development opportunities - Weak bonus structure - Bad management

    Zurich North America2019-03-29

    Zurich North America Response

    April 2, 2019Talent Acquisition Manager

    Thank you for taking the time to leave a review. Zurich is a company where you have the opportunities and support to succeed and build a satisfying and rewarding career. Zurich provides a number of tools and resources to help our employees identify and reach their development ...

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  3. Helpful (5)

    "Toxic"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriter in Chicago, IL

    I have been working at Zurich North America full-time for more than 10 years

    Pros

    Has a good 401K & many departments

    Cons

    Treat employees poorly especially is they are 50+

    Advice to Management

    Create relationships like in prior years with both employees & customers

    Zurich North America2018-11-24

    Zurich North America Response

    December 7, 2018Talent Acquisition Manager

    We truly appreciate your more than 10 years of tenure with us! We were disappointed to hear of your concerns. We would like to be able to further review the situation. Our Ethics and Compliance Line can be accessed at the following link and provides an option for anonymous ...

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  4. Helpful (5)

    "Your career at Zurich is what you make of it."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriting Assistant in Houston, TX
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at Zurich North America full-time for more than a year

    Pros

    Salary is competitive compared to competitors. Health insurance cost less than competitors. Vast amount of training and resources available. Work environment is friendly. Work from home & casual “dress for your day policy” Culture of company is open in regards to diversity. Training is sufficient. They don’t just throw you in.

    Cons

    Management is constantly breathing down your neck. Performance review is unfair. Distribution of performance grades are predetermined regardless of individual’s performance. Processes are highly inefficient. Constant measurement of KPIs and metrics becomes overbearing. Difficult to balance work life balance due to excessive work load. Constant implementation of new tasks that dilutes efficiency. Highly political. Depending...

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    Advice to Management

    Take care of your people and they will take care of you.

    Zurich North America2018-01-26

    Zurich North America Response

    February 2, 2018Talent Acquisition Manager

    What a great list of pros! We love that you value our friendly work environment, newly introduced “dress for your day” policy, solid training, and diverse culture. Thank you for your feedback about the performance review process. We are pleased to announce a change that will ...

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  5. "Overall good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriting Associate in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Zurich North America full-time for more than 5 years

    Pros

    Good benefits packs, pto days, jeans days, the people are good to work with, flexible hours which include summer hours.

    Cons

    Not a lot of mobility, lack of knowledge with regards to managers which speaks to promotions through favors more than qualifications.

    Advice to Management

    Vest more in learning some of the duties of your subordinates to better understand the job so that you can give the necessary assistance and/or provide better direction.

    Zurich North America2017-08-07
  6. Helpful (11)

    "Good until the end."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriter in Milwaukee, WI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Zurich North America full-time for more than 10 years

    Pros

    Good insurance company. Good people. Good pay. Good benefits. Good flexible work schedule. Trying to get better with technology. Underwriting desktop was nice.

    Cons

    Good until the end. Zurich is run by non insurance people from Mackenzie people who are hired and are extremely over paid. Everything is evaluated by a matrix system. All pricing decisions are done by a pricing model. Only 5% deviations allowed. Pricing is driven by actuarial. No flexibility. Lots of young staff with no experience. . Zurich was always trying to be better than Chubb. AIG, and Travelers, but never...

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    Advice to Management

    You need underwriters to underwrite and price. A model cannot be the answer. Just a recommendation. Your pricing methodology prices a bad risk aggressively. Tons of bad risks on the books. Try to blend in changes vs on a 180 degree swing.

    Zurich North America2017-08-19
  7. Helpful (3)

    "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriting Assistant in Chicago, IL
    Doesn't Recommend
    No opinion of CEO

    I have been working at Zurich North America full-time for more than 3 years

    Pros

    Good benefits and flexible hours

    Cons

    Hard to move up in the company

    Zurich North America2017-06-02
  8. "Senior Underwriting Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriting Associate in Los Angeles, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Zurich North America full-time for more than 3 years

    Pros

    1) Great co-workers / teammates 2) Underwriting Associate Managers are great (subjective) 2) Culture and environment is not monotonous (objective) 3) Great Underwriters to work with (subjective) 4) Managers advocate work life balance (objective)

    Cons

    1) Not so great Underwriters to work with (subjective) 2) Culture and environment is volatile (objective) 3) Underwriting Associate Managers do not understand the UA's everyday process (subjective) 4) Managers advocate work life balance yet very hard to accomplish (objective)

    Zurich North America2016-11-05
  9. Helpful (3)

    "Senior underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Underwriter in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Zurich North America

    Pros

    There was ample exposure to senior executives of large fortune ranked companies. Additionally, Zurich is a large multi-national company that allows for geographic mobility.

    Cons

    As with most large corporations, there is a lot of bureaucracy and red tape that is expected, and Zurich is no different. At times, it is difficult to be efficient at certain tasks due to the cumbersome work processes that are sorely outdated.

    Advice to Management

    Management should be more involved with the development of employees in all levels of the title chain. Taking care to make sure that the team is not weighed down by bureaucracy is an important area to improve upon by both upper and middle management.

    Zurich North America2015-08-30
  10. "Great work life balance, but career progression sluggish unless pushed."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriter in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Zurich North America full-time for more than 8 years

    Pros

    Corporate customer underwriting remains strong and growing. Good opportunities, great teams and highly flexible management.

    Cons

    Growth hampered by complex red tape, but they are working to empower the field to address.

    Zurich North America2014-05-16
Found 15 reviews