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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.
We are seeking a Senior Property Underwriter to join our Middle Market Property underwriting team. This role involves both generating new business and managing renewals with a focus on Real Estate Hospitality Manufacturing Healthcare and Wholesale Distribution. The underwriter will be responsible for directly managing and expanding a portfolio marketing to assigned brokers and collaborating with the property product team and package underwriters to ensure profitable growth. This will be a hybrid position (2 to 3 days onsite) in Alpharetta GA
Responsibilities and Accountabilities:
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
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
Proactively solicit/write new business and retention of existing business (including client and producer negotiations where necessary)
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)
Education and Experience:
Bachelor Degree: Preferably degree in Economics Finance Insurance Management or Business Administration
Trade Qualification: Completion of professional insurance qualification (e.g. CPCU) preferred
Minimum 2 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
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Arch is committed to helping employees succeed through our comprehensive benefits package that includes 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 Offer; 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. Click here to learn more on available benefits.
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.
14400 Arch Insurance Group Inc.Required Experience:
Senior IC
Full-Time