Posted:
11/25/2024, 7:43:01 AM
Location(s):
Georgia, United States ⋅ Atlanta, Georgia, United States
Experience Level(s):
Senior
Field(s):
Business & Strategy ⋅ 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℠.
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
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.
Responsibilities
Under the guidance of Management and within the company guidelines, develop a profitable book of business in the Ventus Risk organization.
Develop and maintain relationships with approved wholesale brokers, including but not limited to travels within the region, prepare and deliver presentations, training on our new products.
Underwrite, maintain, and grow a profitable book of business in the non-admitted property market with wholesale brokers. This includes evaluate and prioritize submissions; analyze exposure, coverage requests; determine acceptable deployment of gross and net capacity, determine pricing and negotiate the final property insurance product on an account basis. Monitor his/her portfolio metrics.
Must have well developed active listening, problem solving mindset and interpersonal skills for developing and strengthening broker relationships.
Strong communications skill, business writing and oral presentation skills must be excellent.
Must have well developed business acumen to understand performance metrics, develop and implement profitable growth strategy within his/her dedicated territory.
Must have strong organizational skills and ability to work independently.
Sound technology capabilities in Microsoft products such as Excel, Word, and PowerPoint and ability to use and manipulate data.
Knowledge of CAT Modeling parameters (PML, AAL, data quality) to assess an account and a portfolio exposure and calculate a cat rate.
Understand the key elements of risk selection and risk assessment can develop loss estimates, develop and negotiate a risk mitigation plan based on survey reports and place facultative reinsurance when necessary.
Education & Experience
Bachelor's degree (ideally with a degree/major in Economics, Business, Risk-management or Engineering)
Additional industry-specific study or designations (such as CPCU & ARM) are a plus.
5 years of property experience handling upper middle market and middle market property accounts.
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