Hybrid VP, Product Line Management – Workers Compensation

Posted last month

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About the role

  • Develop and implement comprehensive underwriting strategies for Workers Compensation that identify capabilities needed across the organization to deliver results aligning with Arch’s profitability and growth goals
  • Lead the creation and dissemination of enterprise level underwriting guidelines, principles and best practices applicable across the organization
  • Provide consultation for development of Business Unit underwriting guidelines
  • Serve as the primary corporate subject matter expert for Workers’ Compensation, providing strategic insights on coverage nuances and emerging industry issues
  • Represent the Workers Compensation line in internal councils and external industry forums
  • Develop and deliver training programs on Workers’ Compensation topics
  • Partner with Claims, Actuarial, Ops and IT to enhance data capture, analytics, and system capabilities that support underwriting decisions
  • Partner with Risk Control to align underwriting analysis with the latest workplace hazards, risk patterns and vulnerabilities
  • Analyze portfolio performance and claim trends to understand loss drivers and recommend strategic adjustments
  • Monitor competitor activity and regulatory changes; prepare reports and white papers on emerging issues
  • Establish and monitor aggregation standards and monitor loss trends including medical and indemnity trends

Requirements

  • 10+ years of experience in both field underwriting and Corporate/Home Office roles
  • Expert-level knowledge and technical expertise in Workers' Compensation
  • Ability to effectively communicate issues and concerns into concise policy documents such as white papers and guidelines
  • Ability to work with and influence senior executives, business unit leadership, and underwriting support units
  • Adept at building and managing teams of specialized, technical experts
  • Knowledge of emerging issues within the Workers Compensation insurance marketplace
  • Demonstrated organizational agility in working across business units and service units (Operations, Product Development, Compliance, IT, Actuary)
  • Ability to think strategically – plan our future
  • Ability to effectively communicate at all levels across the organization

Benefits

  • multiple medical plans plus dental, vision and prescription drug coverage
  • competitive 401k with generous matching
  • PTO beginning at 20 days per year
  • up to 12 paid company holidays per year
  • 2 paid days of Volunteer Time Offer
  • basic Life and AD&D Insurance
  • Short and Long-Term Disability
  • Paid Parental Leave of up to 10 weeks
  • Student Loan Assistance and Tuition Reimbursement
  • Backup Child and Elder Care
  • Position is incentive eligible

Job title

VP, Product Line Management – Workers Compensation

Job type

Experience level

Lead

Salary

$145,700 - $202,770 per year

Degree requirement

No Education Requirement

Location requirements

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