Underwriting Specialist, Middle Market Excess

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 SummaryThis position requires an experienced professional to underwrite and manage a portfolio of Umbrella and Excess Liability accounts to drive profitability and growth. The role involves assessing risks, negotiating pricing, and ensuring contract certainty while maintaining strong relationships with brokers, clients, and other stakeholders.Responsibilities and AccountabilitiesResponsible for growth and profitability of the Brokers within the TerritoryOwnership of accounts including negotiation of participation, pricing and terms and conditionsTraining and development resource for Underwriters & Senior UnderwritersDevelop and maintain strong relationships with brokers and clientsSpecialized technical expertise / lead for Unsupported Umbrella & Excess LiabilityManage assigned broker portfolio of accounts to achieve efficient returns of profitability and growthUnderwrite new and renewal accounts to meet top and bottom-line targetsNegotiate price and terms and conditions with producersUnderwrite in line with LoB governance framework - e.g. Underwriting Authorities, Global MSU, Underwriting Guidelines, Rules and PrinciplesEnsure utilization of global pricing toolsEnsure accurate policy documentation issued to producers or producers have issued documentation (where producer responsibility)File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handledProactively develop relationships with brokers and agents assigned within the territory to either pursue new business acquisition and / or strong renewal retentionManage complex referrals from underwriters and re-underwrite complex business as appropriateProactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, OperationsParticipate in cross regional activities as required / requested including and not limited to cross collaboration with Middle Market Package, Excess Construction, Excess National Accounts Required Skills and AbilitiesRisk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to Umbrella & Excess Liability.Pricing and Market Management: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needsContract Drafting and Interpretation: Design, develop and implement consistent, robust wordingsPolicy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.Communication skills: Clearly and effectively express ideas and messages via speech or writing with both internal and external stakeholders. Ability to "sell" an improvised or prepared audience winning story. Possesses strong negotiation skills.Influencing skills: Ability to persuade and motivate others to act, without executive authorityAnalytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions.Project Managing multiple accounts, opportunities and processes to meet deadlines, ensure responsiveness, and maintain positioning in market.Education and Experience:4+ years of experience in Underwriting profitable business in Umbrella & Excess.Specialized expert understanding of Liability products and portfolioRecognized relationships with brokers at peer group level and well established within marketplaceSpecialized understanding of regional / local LoB insurance markets and competitor landscape, including global elementsGood understanding of legal and regulatory frameworkExperience working in complex, global matrix organizationPreferably degree in Economics, Finance, Insurance Mgmt, or Business AdministrationCompletion of professional insurance qualification preferred.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.For Denver: $111,100 - $172,465/yearFor San Fran/LA: $123,400 - $191,628/yearTotal 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.Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. 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. For Colorado Applicants - The deadline to submit your application is: September 16, 202614400 Arch Insurance Group Inc.SummaryLocation: Los Angeles, CA United States of America; Denver, CO United States of America; San Francisco, CA United States of AmericaType: Full time