What are the responsibilities and job description for the Senior Underwriter, Middle Market Solutions position at 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℠. Position Summary: The Senior Underwriter will develop and maintain strong relationships with brokers and serve as a specialized technical expert for Middle Market P&C Accounts. This will be a hybrid position in Dallas, TX or Alpharetta, GA with a minimum of 20% travel for broker/production needs. Responsibilities and Accountabilities: Manage assigned broker portfolio of accounts to achieve efficient returns of profitability and growth. Underwrite new and renewal accounts to meet top and bottom line targets. Negotiate price and terms and conditions with producer. Specialist / Technical Expert in Product Line within Middle Market Business. Ensure placing and binding of FAC Reinsurance prior to policy inception. Proactively develop relationships with brokers and agents assigned within the territory to either pursue new business acquisition and / or large renewal retention. Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate. Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations. Required Skills and Abilities: Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to MM P&C. Pricing and Market Mgt: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs. Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings. Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation. Communication skills: Clearly and effectively express ideas and messages via speech or writing. Influencing Skills: Ability to persuade and motivate others to act, without executive authority. Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions. Education and Experience: A minimum of 2+ years of Commercial Property & Casualty (General Liability, Umbrella, Commercial Auto, Property, Workers Compensation) Underwriting experience. Middle Market experience is preferred. Undergraduate degree required. Economics, Finance, Insurance Management, or Business Administration is preferred. Recognized established relationships with brokers at peer group level and within market. Specialized understanding of regional / local insurance markets and competitor landscape. #LI-JG1 #LI-Hybrid 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.