What are the responsibilities and job description for the Senior Underwriter/Underwriter, Healthcare position at 14400 Arch Insurance Group Inc.?
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 and Accountabilities Prepare quotations, bind business, offer product recommendations and risk transfer solutions to clients. Particular emphasis on assessing risk and reaching premium goals as determined by the division head, within parameters, to both sustain the profitability of our business and meet growth objectives. Develop and maintain strong relationships and credibility with sales force and external constituents. Continually develop and share your industry knowledge and educate our expanding sales force on pricing principles and methods. Contribute recommendations and support to initiatives focused on improving processes, procedures and practices. Perform analyses using a range of productivity and analytical tools to analyze historical performance and identify opportunities for improvement. Required Skills and Abilities Excellent oral and written communication skills with both internal and external constituents Strong computer skills needed with proficiency in PowerPoint, Excel, Outlook and Word Knowledge of Healthcare line of business and medical malpractice liability insurance principles with understanding of liability insurance contract. Ability to effectively assess risk and make sound Underwriting decisions Experience with broker relationships Superior skills in relationship building, active listening, needs analysis, and negotiation skills Possess strong organizational skills to prioritize multi-tasking and time management Strategic thinking and decision-making skills Education/Experience The preferred candidate will possess a 4-year BA/BS degree, ideally with a major/concentration in Business, Economics or Management. The preferred candidate will have 2-4 years of underwriting experience with a focus on medical malpractice and umbrella liability coverages for various types of healthcare facilities (hospitals, surgery centers, clinics, labs, home health care, etc.). Consideration will also be given to candidates with comparable underwriting experience handling casualty and non-medical professional liability coverages. CPCU, RPLU or other insurance course work recommended. #LI-AM3 #LI-Hybrid #LI-Remote For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible. $95,000 - $125,000/year Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future. 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 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. Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20 -year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career. Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal. Please know the following about our interviewing and hiring practices. We never make job offers without a formal, in person, interview process. We never ask you to send money of any kind.
Salary : $95,000 - $125,000