Underwriter
Underwriter
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Not Disclosed
Salary Not Disclosed
1 Vacancy
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.
Job Description
Job Title :
Senior Underwriter P&C new business
Location:
Colchester Branch
Role purpose
We are seeking an experienced individual who receives general business direction markets underwrites and services risk insurance products with some complexity within assigned geographic and product areas.
The individual utilizes underwriting authority and market skills to solicit new business and retain existing business. Manages interfaces and relationships with independent agents and brokers to enhance and maintain business opportunities. Responsible for the business results of assigned book of business.
Key Responsibilities
- Determines the desirability of accepting or rejecting business risks. Prices exposures in accordance with filed and approved rate levels discretionary pricing mechanisms and business unit guidelines.
- Identifies the need recommends and evaluates additional risk assessment information including inspection financial reports and statements.
- Coordinates individual risk underwriting actions with other departments to assure the highest level of customer satisfaction while meeting production and business goals.
- Performs product development and marketing activities including identifying producer relationships within assigned market to optimize best solutions for distribution identifies and suggests new and modified products identifies producers for business/marketing programs and analyses producers and market opportunities.
- Maintains ongoing liaison with producers to obtain supplemental underwriting information evaluate risks decline risks analyse and interpret coverage explain underwriting requirements and expectations and present terms.
- Regularly interfaces with customers to provide service and to keep abreast of customer issues.
- Sets ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
Role
Skills / Competencies
- Planning and product development
- Client relationship management
- Technical and analytical skills
- Regulatory & compliance awareness
- Problem solving negotiation & decision making
- University degree and professional certification desired with 5-8 years
- Working knowledge and understanding of ISO rating and rules.
- Minimum 5 years relevant experience in an underwriting position in the Commercial Insurance Market.
- Demonstrated competence in maintaining broker/client relationships.
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.
14101 Arch Europe Insurance Services LtdEmployment Type
Full-Time
