Hybrid Underwriting Specialist, Middle Market Excess

at Arch Capital Group Ltd.

• Job title: Underwriting Specialist, Middle Market Excess
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $111,100 - $172,465 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, San Francisco, United States

About the role

• Underwriting Specialist managing umbrella and excess liability accounts for profitable growth. Assessing risks and ensuring contract certainty while collaborating with brokers and clients.

Responsibilities

• Responsible for growth and profitability of the Brokers within the Territory.
• Ownership of accounts 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 Unsupported Umbrella & Excess Liability.
• 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 have issued documentation (where producer responsibility).
• File maintenance – ensure file is established (whether electronic or paper) 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 strong renewal retention.
• Manage complex referrals from underwriters and re-underwrite complex business as appropriate.
• Participate in cross regional activities as required / requested including and not limited to cross collaboration with Middle Market Package, Excess Construction, Excess National Accounts.

Requirements

• 3+ years of experience in Underwriting profitable business in Umbrella & Excess.
• Specialized expert understanding of Liability products and portfolio.
• Recognized relationships with brokers at peer group level and well established within marketplace.
• Specialized understanding of regional / local insurance markets and competitor landscape, including global elements.
• Good understanding of legal and regulatory framework.
• Experience working in complex, global matrix organization.
• Preferably degree in Economics, Finance, Insurance Mgmt, or Business Administration.
• Completion of professional insurance qualification preferred.

Benefits

• 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 Off
• 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.