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Associate Underwriter, Middle Market Solutions

Associate Underwriter, Middle Market Solutions

Arch Capital GroupChicago, IL, US
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Associate Underwriter, Middle Market Solutions

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.

This position is intended for a candidate seeking growth opportunity in a dynamic organization. The Associate Underwriter will join a specific business unit, as assigned, and will receive ongoing on-the-job training in their line of business. The Associate also will be part of the company's Early Career Program. The Early Career Program Underwriting Track is a one-year training program geared toward ambitious college graduates looking to launch a high-performing career in underwriting with a world-wide insurance leader. During the one-year program, associates receive specialized training that can position them for career advancement and valuable industry certifications.

This is a hybrid role with a two day on site expectation each week based out of the Chicago, IL office.

Job Responsibilities :

  • Marketing Arch products and services to wholesale and retail brokers
  • Underwriting and pricing products
  • Financial analysis
  • Exposure analysis
  • Policy contract review and rating
  • Claims review
  • Binding new and renewal accounts according to our underwriting philosophy and strategy
  • Servicing our brokers and customers

Desired Skills :

  • Highly proficient with MS Word, Excel, Outlook
  • Exemplary oral and written communication skills; analytical, with keen ability to think through issues; solid understanding of financial statements; proactive; able to organize and prioritize to meet multiple demands and commitments; strong work ethic; team player; exhibits leadership potential.
  • Required Education / Experience :

  • Four-year degree desired, preferably in Economics, Business, Finance, or Risk Management.
  • Base salary range is $70,000 - $75,000. Total individual compensation 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.

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    Associate Underwriter • Chicago, IL, US

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