Underwriting Specialist, Package

Job Summary

Underwrite profitable new and renewal business to meet LoB targets regionally including global elements

Ownership of large accounts / clients including negotiation of participation, pricing and terms and conditions

Training and development resource for Underwriters & Senior Underwriters

Develop and maintain strong relationships with brokers and clients

Specialized technical expertise / lead for at least one sub-LoB, Industry, or Product Line such as General Liability, Umbrella, Commercial Auto, Commercial Property, Workers Compensation

Responsibilities :

• Manage assigned broker portfolio of accounts to achieve efficient returns of profitability and growth
• Underwrite new and renewal accounts to meet top and bottom line targets
• Negotiate price and terms and conditions with producers
• Proactively manage capacity
• Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LoBs)
• Specialist / Technical Expert in Product Line within Middle Market Business
• Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles
• Ensure placing and binding of FAC Reinsurance prior to policy inception
• File maintenance - ensure file is established and maintained for each risk and transaction handled
• Proactively develop relationships with brokers and agents assigned within the territory to either pursue new business acquisition and / or large renewal retention
• Acquisition of new business and retention of existing business including client and broker negotiations
• Training, developing and coaching of less experienced staff (including Underwriters)
• Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate
• Delegate work as appropriate
• Positively represent Arch externally to the market
• Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, Engineering, Claims, Operations
• Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

Skills :

Requirements :

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.

$115,753 - $180,959 / year

Click here to learn more on available benefits.

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