Hybrid Underwriting Specialist, Middle Market Solutions

Posted 2 months ago

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About the role

  • Underwriting Specialist at Arch Insurance responsible for evaluating and managing profitable business accounts. Collaborating with producers to ensure compliance and contract certainty in underwriting processes.

Responsibilities

  • Underwrite profitable business
  • Underwrite new and renewal accounts to meet top and bottom line targets
  • Negotiate price and terms and conditions with producers
  • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios for relevant Lines of Business (LoB's)
  • 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
  • Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)
  • File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
  • Proactively support completion of policy administration and credit control processes
  • Training, developing, and coaching of less experienced staff (including Underwriters)

Requirements

  • A minimum of 3+ years of direct experience in underwriting profitable business
  • Specialized expert understanding of sub-LoB products and portfolio
  • Recognized relationships with brokers at peer group level and well established within market
  • Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements
  • Preferably a degree in Economics, Finance, Insurance Management, or Business Administration
  • Professional insurance qualification (e.g. CPCU) is a plus

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.

Job title

Underwriting Specialist, Middle Market Solutions

Job type

Experience level

Mid levelSenior

Salary

$110,000 - $167,500 per year

Degree requirement

Bachelor's Degree

Location requirements

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