Job details

Executive Underwriter

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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℠.

Responsibilities:

Underwrite profitable new and renewal business to meet Umbrella/Excess Liability portfolio targets in accordance with underwriting guidelines and underwriting authority.
Negotiate price, terms and conditions.
Training and development of team and referral point for senior underwriters.
Develop and maintain strong relationships with producers, clients, and relevant stakeholders (e.g. risk managers) in partnership with Market Management, ownership of large / key accounts and clients including negotiation of participation, pricing, terms and condition.
Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
Proactively manage capacity
Contribute to development and execution of regional Underwriting strategy for Umbrella/Excess Liability regionally.
Policy Documentation and Administration Ensure accurate policy documentation issued to producers (where Arch responsibility to do so) 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
Training, developing and coaching of experienced staff (including Senior Underwriters).
Manage complex referrals from underwriters and re-underwrite complex business as appropriate.
Delegate work as appropriate.
Positively represent Arch externally to the market.
Proactively drive involvement of functional areas in Underwriting process, including e.g. Claims, Operations.
Deep knowledge of commercial lines products, the regulatory environment, and the local insurance market.
Participate / contribute to key projects
Participate in cross regional activities as required / requested including and not limited to cross collaboration with Middle Market Package, Excess Construction, Excess National Accounts

Skills:

Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to Umbrella/Excess Liability.
Portfolio Management: Manage the underwriting books. Analyze trends and scenario plans from which portfolio strategies can be developed and implemented.
Pricing: Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance
Market Management: Apply the knowledge of how the market operates and functions, the business needs and customer needs
Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story. Possesses strong negotiation skills.
IT skills (Office applications): Use general office application tools e.g. Power Point, Excel, Word, Outlook
Influencing skills: Ability to persuade and motivate others to act, without executive authority

Requirements:

In depth understanding of Umbrella/Excess Liability products and portfolio
In depth understanding of regional / local Umbrella/Excess Liability insurance markets and competitor landscape
Demonstrable, established relationships with brokers at peer group level and well established within local market
Preferably degree in Economics, Finance, Insurance Mgmt., or Business Administration

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.

Average salary estimate

$100000 / YEARLY (est.)

min

max

$80000K

$120000K

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What You Should Know About Executive Underwriter, Archgroup

Are you a highly skilled Executive Underwriter looking to elevate your career with a dynamic team? At Arch Insurance Group Inc. in Alpharetta, GA, we offer an exciting opportunity to leverage your expertise in Umbrella and Excess Liability underwriting. Our company culture thrives on collaboration and innovation, and we believe in enabling possibilities for our clients and team members alike. As our Executive Underwriter, you will play a pivotal role by underwriting both new and renewal business while meeting critical portfolio targets in line with established guidelines. Your days will involve negotiating prices, terms, and conditions, mentoring junior underwriters, and fostering robust relationships with our producers and clients. We value proactive professionals who can drive client acquisition and retention while engaging effectively with stakeholders to maximize business outcomes. With your deep knowledge of commercial lines products and the local insurance landscape, you will help shape our underwriting strategy and guide your team to success. A degree in Economics, Finance, Insurance Management, or Business Administration is preferred, alongside proven relationships within the market. If you’re excited about driving results and being part of a company that empowers its people and customers, Arch Insurance Group Inc. is ready for your talents to shine!

Frequently Asked Questions (FAQs) for Executive Underwriter Role at Archgroup

What are the core responsibilities of an Executive Underwriter at Arch Insurance Group Inc.?

As an Executive Underwriter at Arch Insurance Group Inc., your primary responsibilities include underwriting profitable new and renewal business, negotiating terms and conditions, and maintaining strong relationships with producers and clients. You will lead training efforts for your team, manage complex referrals, and contribute to the development of underwriting strategies tailored to the Umbrella and Excess Liability market.