Job Details

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℠.

AVP, Middle Market Solutions/Executive Underwriter Job Description

Specific responsibilities could include:

• Participate in the development and execution of regional Underwriting strategy for LoB(s) and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling
• Ensure a profitable book of Property and Casualty insurance by writing new accounts with varying premiums and complexity, growing successful agent and broker relationships
• Underwrite new and renewal accounts to meet top and bottom-line targets
• Negotiate price and terms and conditions with producers
• Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)
• 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
• Underwrite in line with LOB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
• Proactively support completion of policy administration and credit control processes
• Contribute to development and execution of regional Underwriting strategy for LoB regionally
• Training, developing and coaching of less experienced staff (including Underwriters)
• Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
• Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate
• Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

Ideal Candidate:

• 7-10 years experience in proven track record in Underwriting profitable business in LoB. Good understanding of LoB products and portfolio
• 7-10 years experience in demonstrating established relationships with brokers at peer group level and established within market
• 7-10 years experience in understanding of regional / local LoB insurance markets and competitor landscape

• College degree preferably in Economics, Finance, Insurance Management, or Business Administration
• Completion of professional insurance qualification (e.g. CII)

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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.

$123,000-$185,000 + 16% Target bonus

• 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.
  
  

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14400 Arch Insurance Group Inc.