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℠.
Position Summary:
We are looking for a commercial property expert for a Monoline Property underwriting role. This role will include both new business production and renewal management. Our Middle Market Property unit utilizes a proprietary property form and writes ground up, full limit Property structures. As an underwriter, you will be charged with directly underwriting, servicing and growing a book focused on Real Estate, Hospitality, Manufacturing, Healthcare, and Wholesale Distribution business. On our team, the Underwriters are responsible for marketing to their assigned brokers to bring in opportunities and will work closely within the property product team and package underwriters to drive profitable growth.
Responsibilities and Accountabilities:
Establish relationships with key trading partners and drive submission activity across assigned Brokers.
Be responsible for profit, growth and retention of assigned book.
Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
Work collaboratively with internal stakeholders and brokers to retain key assigned renewals and lead coordination of Risk Services & Claims Service plans for key accounts.
Develop, advance & execute against a prospect pipeline with our trading partners, as well as engaging other business units for cross-selling opportunities.
Required Skills and Abilities:
Understanding of Property Insurance coverage, terms and conditions.
Presentation and public speaking skills.
Strong negotiations skills and sales acumen.
Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers.
Knowledge and understanding of current insurance marketplace conditions.
Proficiency in Microsoft Office Suite.
Education and Experience:
Bachelor’s degree
5+ years of Underwriting experience preferably in the Middle Market Monoline Property segment or a Multiline background
Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
#LI-JG1
#LI-Hybrid
#LI-Remote
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.
$133,300 - $207,000/year
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
For Colorado Applicants - The deadline to submit your application is:
August 21, 202614400 Arch Insurance Group Inc.Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.
Attention Job Seekers:
Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.
Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal.
Please know the following about our interviewing and hiring practices.
We never make job offers without a formal, in person, interview process.
We never ask you to send money of any kind.