What are the responsibilities and job description for the Policy Analyst position at Arch Capital Group Ltd.?
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℠.
Summary
The Commercial Lines Policy Analyst supports the Underwriting Department to accomplish the goal of growing the insurance program by sustaining a high volume of production while guarding high standards of product quality.
- Analyze and review policies for accuracy and completeness two weeks before their effective date. Identify discrepancies and correct as required before issuing policies.
- Process consumer requests and assist with maintaining communication with brokers by providing follow up for renewal documents.
- Request, receive, and process underwriting documents and applications in a timely fashion.
- Process renewal notices between 30-90 days before effective date based on state requirements.
- Assist the Underwriting team in building relationships and keeping open communication within McNeil and Company.
- Provide backup support for other Policy Analysts that are out of the office.
- Assist Policy Analyst team to balance workloads as needed.
- Pursue educational opportunities through McNeil and Company and Arch Insurance.
- Other duties as assigned.
- High School diploma required, Associates degree or two years of related experience preferred.
- Manage competing priorities and maintain required production levels.
- Ability to comply with accepted practices and guidelines.
- Meet expectations for attendance and punctuality.
- Sit for extended periods of time.
- Computer experience in a windows-based environment required.
- Excellent oral and written communication skills.
- Strong analytical skills with attention to detail.
- Manage phone and email communication with Associates and Agents.
- Experience using other office equipment.
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.
$42,000 - $45,000/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.
Benefits:
401K Plan, Health Insurance, Vacation & Paid Time OffSalary : $42,000 - $45,000