Underwriter, Professional Liability
Underwriter, Professional Liability
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Job Description
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.
Underwriter is responsible for underwriting all new and existing portfolio of business within set underwriting guidelines authority levels and service standards.
Underwriter is responsible for maintaining a professional approach in all internal and external stakeholder interactions managing effective efficient compliant and profitable underwriting for Arch Insurance under dedicated portfolio/ product.
Ensure quality of underwriting activities is within limitations of company policy and in accordance with underwriting standards.
Prepare reports on portfolio performance and maintaining credit control of business within the portfolio.
Participate in audits Peer Review Process and any other compliance requirements.
Ensure all documentation is accurate and complete and conforms with organisational guidelines.
Work with other stakeholders to maximise underwriting opportunities minimise expenses and achieve operations and service targets.
Underwrite Professional Indemnity products in accordance with Arch Guidelines to ensure profitability and provide a positive contribution to tangible book value for Arch.
Maintain and develop key broker relationships through consistent visitation ensuring that customer service is provided on high level.
Provide timely service of requests and ensure administration of tasks in timely manner.
Develop and execute new business opportunities interacting with existing and new brokers. This includes a systematic approach to broker networking.
Work with Senior Underwriters and Management on future product development.
Assist with implementation of distribution strategy with other profit centres and identify any cross-sell opportunities.
Comply with relevant laws and regulations industry codes and Arch organisation standards.
Apply efficient effective and sound underwriting practices to new business mid-term alterations and renewal management.
Process and document issuance of new business renewals and endorsements ensuring all interactions are performed in an efficient & effective manner adhering to the required processes for each transaction type.
Ensure that all relevant correspondence is saved on to relevant systems and that underwriting notes and thought processes and rating are clearly detailed in the underwriting notes section.
Respond to enquiries/requests (such as certificates of currency) from the brokers within agreed service standards.
Ensure reporting spreadsheets are up to date.
Is expected of travel as required by the business.
General responsibilities:
Collaborate effectively with other business units.
Adhere to companys policies procedures and local guidance as well as to the legislation.
Other reasonable duties as directed by the business within the scope of the role.
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 isnt the right fit but youre 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 Archs Talent Acquisition team.
16200 Arch Underwriting at Lloyds (Australia) Pty LtdRequired Experience:
Unclear Seniority
Employment Type
Full-Time
