Senior Underwriter (Life Insurance)
$95.9k - $148.9kArch Capital Group Ltd.
Underwriting Manager
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
Responsible for underwriting and managing a profitable portfolio of new and renewal inland marine business, with a focus on sustainable growth and long-term retention. This role involves developing and maintaining strong broker relationships, establishing appropriate coverage terms, conditions, and pricing, and ensuring accurate and timely issuance and servicing of high-quality policies.
Key Responsibilities
Underwrite inland marine risks through detailed analysis of submissions, including loss history, financial strength, and inspection reports.
Structure appropriate coverage terms, conditions, limits, deductibles, and pricing in alignment with risk characteristics, underwriting guidelines, and modeled loss potential.
Actively manage broker and client relationships to drive profitable growth, retention, and cross-selling opportunities.
Ensure the accurate issuance and ongoing management of policies and endorsements in compliance with service standards, technical guidelines, and regulatory requirements.
Monitor portfolio performance by tracking exposure limits, premium income, and overall financial results, while maintaining awareness of claims activity and providing underwriting input on claim resolution.
Support business planning, forecasting, and underwriting governance initiatives.
Contribute to underwriting governance through peer review, referral support, and the technical training and development of less experienced underwriters.
Qualifications
- 5+ years of inland marine underwriting experience
- Strong knowledge of inland marine forms, terms, and conditions
- Proven producer and broker management skills with a focus on profitability
- Excellent analytical, communication, and interpersonal skills
- Bachelor's degree preferred (or equivalent experience)
- Self-motivated, results-driven, and able to manage competing priorities effectively
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 NYC/LA: $95,900 - $148,900/year
For Chicago: $86,300 - $134,000/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.
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