Underwriter, Executive Assurance
Arch Insurance Group Inc. is a company focused on collaboration, expertise, and innovation, aiming to enable progress for clients and communities. The Underwriter / Senior Underwriter for Growth & Middle Market is responsible for underwriting and policy issuance of various liability insurances for privately held and publicly traded companies within the Central Region, while also mentoring junior underwriters.
Responsibilities
- Underwrite and price products, to include financial and exposure analysis
- Monitor new business flow, quote ratio and hit ratio from each target agency to monitor variances to plan. Develop strategies to correct variances with each agency
- Represent Arch and Executive Assurance professionally whether internally or externally at agent offices or industry events
- Attendance at meetings with outside company management
- Policy contract review and rating
- Claims review
- Binding of new and renewal accounts according to our underwriting philosophy and strategy
- Provide monthly forecasts for new and renewal business and regular reconciliations to such forecasts. Be able to provide detail as to variances from forecast, include new business results, lost business and pricing changes
- Service brokers and customers, to drive new business opportunities via existing relationships as well as where there is no existing relationship; continually prospects for new opportunities
- Coaching and developing the more junior underwriters in the region
Skills
- 1 to 5 years of private company D&O, EPL or Fiduciary underwriting experience
- Exemplary oral and written communication skills
- Analytical, with a keen ability to think through issues
- Solid understanding of financial statements
- Strong customer-service focus
- Ability to develop strong relationships with brokers in order to successfully manage our business which will require travel to producer location or insured location
- Able to organize and prioritize to meet multiple demands and commitments
- Ability to work independently as a member of a team working to build a profitable book of business
- Effective negotiation skills
- Proficient in MS Word, Excel and Outlook
- Bachelor's Degree, ideally in Economics, Business, Finance or Accounting
- RPLU or CPCU designation
Benefits
- 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
- Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance
- Tuition Reimbursement
- Backup Child and Elder Care
Company Overview
Company H1B Sponsorship
Apply To This Job