Executive Underwriter

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 .

Please read the following job description thoroughly to ensure you are the right fit for this role before applying.

Specific responsibilities could include :

• Responsible for handling large account renewals.
• Coach new members on the team / newer to underwriting on a consistent basis.
• 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.
• 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).
• 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).

For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and / or Washington State, the base salary range is listed below.

This range is as of the time of posting. Position is incentive eligible.

$148,614 - $201,066 / 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 range may be modified in the future.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

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