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 Foreign Package Underwriting Candidate is responsible for Foreign Package Underwriting and will assist in implementing Distribution Strategy for the Multinational Business Unit. They are responsible for technical underwriting and account management of all foreign package programs. This includes working with retail and wholesale brokers to attract and retain these accounts as well as providing superior service to both clients and brokers throughout the year. In addition to underwriting duties, this role will support the Product Line Manager in any and all new product developments. Candidates should have demonstrated ability to work cross-functionally and cross-departmentally to offer holistic Arch Risk Management Solutions to our clients. This is a technical position reporting to the Multinational Underwriting and Distribution Manager. 

Responsibilities:

• Solicits and reviews new and renewal account information required to evaluate a risk.
• Identifies all potential exposures and hazards in relation to coverage requested and individual risk characteristics
• Assesses insurance and related financial risk and structures appropriate loss sensitive program to effectively protect against frequency, severity, catastrophic and credit risk
• Underwrites, prices and prepares proposals based on objective and subject risk characteristics, input of internal resource team, existing product set and regulatory filings
• Negotiates and places facultative reinsurance when applicable
• Prepares final quotation/proposal and presents to producer and or prospective insured.
• Coordinates all administrative duties related to existing and prospective accounts.
• Quarterbacks all post bind activities including policy production, compliance issues, audits and adjustments, legal agreements, receipt of collateral, legal agreement execution, TPA coordination and any other service related items.
• Together with internal team members, takes responsibility to deliver promised service to customers.
• Responsible for renewal and retention management and manages the renewal process to achieve targeted retention and price change goals.
• Initiates, coordinates and conducts a midterm account review
• Develop, expand, and enhance broker and client relationships within the region, through high visibility and frequent engagement
• Responsible for supporting leadership in product development and execution
• Responsible for metrics tracking as requested by leadership

Qualifications:

• 5 + years underwriting experience
• Knowledge of coverage terms – Foreign Voluntary Workers Compensation, General Liability, Automobile Liability, Property, Kidnap and Ransom, and Business Travel Accident.
• Understanding and knowledge of exposure identification and analysis.
• Possess a cross-functional generalist knowledge of other disciplines including claims, risk control, audit, premium accounting, finance and legal.
• Knowledge of regulatory and compliance issues.
• Sales and Negotiation skills.
• Ability to perform multiple tasks simultaneously.
• Have the ability to influence without authority and be willing to work in a collaborative and team environment.
• Strong customer service, negotiation and presentation skills.
• Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word. Advanced technical skills are a plus (SQL, VBA, XML)
• Excellent written/verbal communication and organizational skills

Education:

• College degree preferred

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