Company

Arch Capital GroupSee more

addressAddressNew York, NY
type Form of workFull-Time
CategoryRetail

Job description

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℠.
Job Summary
A strong candidate for the Retail Excess Casualty team will be a highly-motivated, career-oriented individual who is technically proficient in underwriting casualty business. Candidate must be able to underwrite large, highly technical construction risks across a variety of products including Umbrella and Excess in accordance with Arch Insurance business standards and sound underwriting practices. This Underwriter will manage a book to achieve organization goals via the effective utilization of assigned human and financial resources in the interpretation, implementation, and achievement of these business goals.
Responsibilities

  • Work independently to underwrite umbrella and excess policies for highly complex risks
  • Strong customer-service focus with the ability to effectively multi-task with limited direction
  • Establish and maintain strong relationships with assigned brokers in order to successfully maintain our business which will require travel to producer location
  • Provide input on strategies and actions that can maximize product line underwriting results and competitive advantages while being mindful of the organizational goals of returning desired ROE for the unit's underwriting results
  • Review large losses to identify any trends or training issues and provide post loss analysis when requested
  • Personally participate in marketplace initiatives to expand the overall Arch brand and the specific reputation through interface with regional customers, brokers and other industry professionals
  • Complete special projects as assigned by the head of the business unit
  • Work independently as a member of a team while building a profitable book of business
  • Regularly meet with key brokers and agents, industry groups and insureds to present and represent Arch's interest in the region
  • Prioritizing work, meeting deadlines in a fast-paced environment
  • Ensure that underwriting applications and practices within their book are in accordance with appropriate regulatory requirements
  • Assist finance, claims, legal, marketing, IT, and compliance as needed
  • Excellent communication skills (written and oral) and interpersonal skills
  • Demonstrated analytical and problem solving abilities
  • Participate in industry conferences as required

Experience
  • Minimum of 2-6 years of P&C production construction underwriting experience, including a progression to more senior underwriting roles with dedicated underwriting authority. Final title to be determined based on experience level of candidate.
  • Travel: Ability for frequent travel throughout the region. Estimated routine overnight travel is 10% (or less) per month with occasional peaks to 15%.

#LI-JD1
#LI-Hybrid
For individuals assigned or hired to work in California, Colorado, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.
$110,058 - $148,902/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 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.
Refer code: 6916497. Arch Capital Group - The previous day - 2023-12-12 10:41

Arch Capital Group

New York, NY
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