Senior Property 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℠.

Responsibilities:

• 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
• Underwrite in line with governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles
• 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
• Contribute to development and execution of regional Underwriting strategy
• Training, developing and coaching of less experienced staff (including Underwriters)
• Delegate work as appropriate
• Proactively solicit/write new business and retention of existing business (including client and producer negotiations where necessary)
• Positively represent Arch externally to the market
• Proactively drive involvement of functional areas in Underwriting process, including e.g. Risk Control, Claims, Operations
• Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g. risk managers)

Required Skills:

• Bachelor Degree: Preferably degree in Economics, Finance, Insurance Management, or Business Administration
• Trade Qualification: Completion of professional insurance qualification (e.g. CPCU)
• Minimum 3 to 5 years of significant experience in Underwriting profitable business; specialized expert understanding of products and portfolio
• Recognized relationships with brokers at peer group level and well established within market
• Specialized understanding of regional / local insurance markets and competitor landscape, including global elements
• Good understanding of legal and regulatory framework
• Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards
• Pricing and Market Management: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
• Policy Management Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation
• Advanced Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire
• Advanced Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally; ability to "sell" an improvised or prepared audience winning story

#LI-ASM3

#LI-Hybrid

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.

14400 Arch Insurance Group Inc.