Underwriting Specialist, Middle Market Solutions
Arch Insurance Group Inc
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 The Underwriter role is responsible for driving profitable growth through the evaluation and underwriting of new and renewal accounts. This position involves close collaboration with producers to negotiate pricing, terms, and conditions, while proactively managing capacity and ensuring compliance with governance frameworks and underwriting guidelines. This is a market-facing position so expected to be meeting with brokers in the territory (20% minimum). Responsibilities and Accountabilities Underwrite new and renewal accounts to meet top and bottom line targets Negotiate price and terms and conditions with producers Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios for relevant Lines of Business (WC, GL, Property, Commercial Auto, etc.) Ensure contract certainty is achieved on all accounts at time of inception Ensure placing and binding of FAC Reinsurance prior to policy inception Policy Documentation and Administration Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility) File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled Proactively support completion of policy administration and credit control processes Training, developing and coaching of less experienced staff (including Underwriters) Education and Experience A minimum of 3+ years of direct experience in Packaged P&C Underwriting profitable business Specialized expert understanding of Packaged P&C accounts - WC, GL, Property, Commercial Auto, etc. Recognized relationships with brokers at peer group level and well established within market & the ability to travel 20% Preferably a degree in Economics, Finance, Insurance Management, or Business Administration Professional insurance qualification (e.g. CPCU) is a plus Benefits 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. #J-18808-Ljbffr Arch Insurance Group Inc
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