Underwriting Specialist, Middle Market Solutions
$111.1k - $172.47kMcNeil & Co.
- # Underwriting Specialist, Middle Market SolutionsApplyremote type: Remotelocations: Home Base, MN: Home Base, MI: Home Base, OH: Home Base, WI: Home Base, KYtime type: Full timeposted on: Posted Todayjob requisition id: R26\_572With 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 PossibilitySM.**Position Summary:**The Underwriting Specialist 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 candidate can sit 100% remote or hybrid within the Central/Midwest. This is a market-facing role so expected to be meeting with brokers in the territory (Central/Midwest).**Responsibilities and Accountabilities:*** Underwrite new and renewal accounts to meet top and bottom line targets* Negotiate price and terms and conditions with producers* Ensure contract certainty is achieved on all accounts at time of inception* Ensure utilization of global pricing tools* Ensure placing and binding of FAC Reinsurance prior to policy inception* 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)**Required Skills and Abilities:*** Specialized expert understanding of Commercial Packaged Property and Casualty* Recognized relationships with brokers at peer group level and well established within market* Specialized understanding of regional / local insurance markets and competitor landscape, including global elements**Education and Experience:*** A minimum of 3+ years of direct experience in Underwriting profitable business* Preferably a degree in Economics, Finance, Insurance Management, or Business Administration* Professional insurance qualification (e.g. CPCU) is a plus, but not required#LI-JG1#LI-RemoteFor 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 Minnesota, Wisconsin, Illinois, Indiana: $111,100 - $172,465/year For Michigan, Ohio, Kentucky: $95,700 - $148,512/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.* 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.14400 Arch Insurance Group Inc.Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.
- J-18808-Ljbffr McNeil & Co.
Vacancy posted 3 days ago
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