With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Position Summary

• Underwrite new and renewal business in accordance with Arch business strategy and letter of underwriting authority.
• Effectively negotiate pricing, terms and conditions for all business commensurate with risk quality, prior experience and market conditions.
• Be responsive and decisive in all aspects of managing a given portfolio, geography, etc.
• Develop and maintain meaningful relationships with brokers and Arch colleagues to achieve goals.
• Have three to five years of prior experience in a similar role with accountability for managing a business portfolio.  

Responsibilities    

Underwrite Business Profitably

• Underwrite new and renewal business to achieve top and bottom-line targets.
• Effectively negotiate pricing, terms and conditions with brokers and insureds when necessary.
• Appropriately evaluate and underwrite Natural Catastrophe exposures in accordance with letter of authority and business strategy.

Underwriting Approach and Compliance

• Ensure compliance with pricing tools and business strategy with all exposures accepted and renewed.
• Place and bind facultative reinsurance in accordance with business strategy and contractual obligations of reinsurance partner.
• Utilize appropriate contracts and endorsements in compliance with Department of Insurance for given state (s) where we assume risk.

Policy Documentation and Administration

• Document all underwriting decisions in a timely fashion and with clarity so there is no ambiguity of intent and scope of offering.
• Adhere to file maintenance and quality expectations in accordance with expectations of Chief Underwriting Office.
• Effectively communicate with Operations colleagues to ensure that our work product, policies, etc. are accurate and issued in a timely manner.

Distribution

• Establish sound relationships with Distribution colleagues to meet needs of brokers and insureds seeking Arch solutions.
• Have good knowledge of contracts, commissions and strategies for each broker partner to ensure we live up to our commitments.
• Positively represent Arch Insurance to brokers and the prevailing insurance market by being knowledgeable, communicative and responsive.  

Technical Skills

• Possess knowledge of contracts, underwriting guidelines and authority grant to evaluate and accept risks in concert with business strategy.
• Possess sound understanding of policy administration capabilities and needs to assist efforts to deliver accurate and timely policies to brokers and insureds.

General Skills

• Effectively communicate both verbally and in writing to express ideas and messages to colleagues and customers.
• Possess the ability to persuade and motivate others in a collaborative fashion on behalf of customers.  
• Possess sound analytical skills to absorb information from various sources and in turn analyze data to draw appropriate conclusions in support of  underwriting and business strategy. 

Experience

• Bachelor’s Degree in Economics, Law, or other appropriate discipline
• Progress towards professional insurance qualification (e.g. CII)
• Proven track record in Underwriting profitable business in LoB. Understanding of LoB products and portfolio
• Demonstrable, established relationships with brokers at peer group level
• Good understanding of regional / local LoB insurance markets and competitor landscape
• Understanding of legal and regulatory framework

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.