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EVP, Surety

Arch Capital Group

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 SummaryArch Insurance North America is seeking an experienced insurance leader to provide strategic direction, management, and leadership for the Surety Underwriting Group. This role is responsible for developing and executing underwriting strategy, achieving business unit objectives, supporting profitable growth, and partnering effectively with internal and external stakeholders.This position can be performed from any location that is near an Arch Insurance office. ResponsibilitiesSet strategic direction and execute actions that maximize product-line underwriting results and strengthen competitive positioning.Partner with internal and external stakeholders to achieve business unit goals and support profitable growth.Lead ongoing management of the group to achieve underwriting and line-of-business goals while optimizing the use of business unit and support resources.Evaluate underwriting performance, renewals, new business opportunities, actuarial trends, ceded reinsurance, market opportunities, and product applications.Represent the organization in the marketplace through engagement with key customers, agents, and brokers.Ensure underwriting products, practices, guidelines, and authority limits comply with applicable regulatory requirements.Promote underwriting discipline, product application, and marketing execution to sustain business results and growth.Required Qualifications15–20+ years of insurance underwriting experience across home office and field environments, with strong knowledge of surety products.Demonstrated experience leading high-performing, cross-functional teams with varied experience levels and skill sets.Strong talent development capabilities, including mentoring, coaching, leadership development, and performance management.Ability to align strategy with day-to-day operations to achieve key business objectives and drive organizational success.Willingness and ability to travel across North America for account and marketing visits.Ability to travel up to 35%.Preferred QualificationsBachelor’s degree in business, insurance, or a related field, or equivalent work experience.Successful completion of coursework in finance, management, accounting, and marketing.Key CompetenciesStrategic thinking, sound judgment, problem solving, and decision making.Executive communication, relationship management, negotiation, and marketplace presence.Team leadership, collaboration, operational discipline, compliance orientation, and strong industry knowledge.Technical KnowledgeExposure identification and analysis.Analytics tools and data-informed underwriting practices.Cross-functional understanding of claims, risk control, audit, premium accounting, finance, and legal disciplines.Regulatory and compliance requirements impacting surety underwriting.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.$330,000 - $380,000/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: October 30, 202614400 Arch Insurance Group Inc.SummaryLocation: New York, NY United States of America; Dallas, TX United States of America; Orlando, FL United States of America; Boston, MA United States of America; Los Angeles, CA United States of America; Chicago, IL United States of America; Denver, CO; Charlotte, NC United States of America; Memphis, TN United States of America; Houston, TX United States of America; Kansas City, MO United States of America; Jersey City, NJ United States of America; Seattle, WA United States of America; St. Paul, MN United States of America; Philadelphia, PA United States of America; San Francisco, CA United States of America; Hartford, CT United States of America; Mount Juliet, TN United States of America; Alpharetta, GA United States of AmericaType: Full time

Vacancy posted 2 days ago
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