Underwriter, Executive Assurance

Posted:
12/13/2024, 3:43:37 AM

Location(s):
Illinois, United States ⋅ Chicago, Illinois, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Customer Success & Support ⋅ 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

The Underwriter, Growth & Middle Market is responsible for the submission generation, underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Fidelity insurance, Kidnap & Ransom and Cyber Liability for entities that meet the GMM account definition within the Central Region.

The Growth & Middle Market department works with privately held companies with annual revenues of less than $1 Billion and publicly traded companies with annual revenues of less than $500 Million.

Job Responsibilities

  • Underwrite and price new and renewal business, to include financial and exposure analysis

  • Attendance at meetings with outside company management

  • Building and maintaining productive relationships with agents and brokers

  • Policy contract review and rating

  • Claims review

  • Binding of new and renewal accounts according to our underwriting philosophy and strategy

  • Service brokers and customers

  • Coaching and developing the more junior underwriters in the region

Required Skills/Experience

  • 1+ years of D&O insurance underwriting

Desired Skills/Experience

  • Ability to develop strong relationships with brokers in order to successfully manage our business which will require travel to producer location or insured location.

  • Exemplary oral and written communication skills

  • Analytical, with a keen ability to think through issues

  • Solid understanding of financial statements

  • Strong customer-service focus

  • Able to organize and prioritize to meet multiple demands and commitments

  • Strong work ethic

  • Team player

  • Effective negotiation skills

  • Proficient in MS Word, Excel and Outlook

Education

  • Bachelor’s Degree, ideally in Economics, Business, Finance or Accounting

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.

$80,000 - $93,700/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.

Arch Capital Group Ltd

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