Posted:
11/20/2024, 9:23:43 AM
Location(s):
Chicago, Illinois, United States ⋅ Illinois, United States
Experience Level(s):
Junior ⋅ Mid Level
Field(s):
Finance & Banking ⋅ Sales & Account Management
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℠.
The Position
This position is intended for a candidate seeking growth opportunity in a dynamic organization. The Associate Underwriter will join a specific business unit, as assigned, and will receive ongoing on-the-job training in their line of business. The Associate also will be part of the company’s Early Career Program. The Early Career Program Underwriting Track is a one-year training program geared toward ambitious college graduates looking to launch a high-performing career in underwriting with a world-wide insurance leader. During the one-year program, associates receive specialized training that can position them for career advancement and valuable industry certifications.
Job Responsibilities
As the Associate develops skill and gains experience, on-the-job responsibilities will include but are not limited to:
Marketing Arch products and services to wholesale and retail brokers
Underwriting and pricing products, including:
Financial analysis
Exposure analysis
Policy contract review and rating
Claims review
Binding new and renewal accounts according to our underwriting philosophy and strategy
Servicing our brokers and customers
Desired Skills
Highly proficient with MS Word, Excel, Outlook
Exemplary oral and written communication skills; analytical, with keen ability to think through issues; solid understanding of financial statements; proactive; able to organize and prioritize to meet multiple demands and commitments; strong work ethic; team player; exhibits leadership potential.
Required Education/Experience
Four-year degree desired, preferably in economics, business, finance, or risk management.
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$70,000 - $75,000/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Click here to learn more on available benefits.
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.Website: https://archgroup.com/
Headquarter Location: Hamilton, Hamilton, Bermuda
Employee Count: 5001-10000
Year Founded: 1995
IPO Status: Public
Last Funding Type: Post-IPO Equity
Industries: Finance ⋅ Financial Services ⋅ Insurance