Underwriting Specialist, Private Equity Middle Market Solutions
Arch Insurance Group Inc, Chicago
Underwriting Specialist, Middle Market Solutions
Join to apply for the Underwriting Specialist, Middle Market Solutions role at Arch Insurance Group Inc.
Underwriting Specialist, Middle Market Solutions
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Join to apply for the Underwriting Specialist, Middle Market Solutions role at Arch Insurance Group Inc.
Arch Insurance Group Inc. provided pay range
This range is provided by Arch Insurance Group Inc.. Your actual pay will be based on your skills and experience talk with your recruiter to learn more.
Base pay range
$97,100.00/yr - $150,795.00/yr
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 Underwriting Specialist is responsible for the technical underwriting and account management of Middle Market Property and Casualty programs, targeting the Private Equity, Real Estate, Financial Institutions and Healthcare industries. This includes working with retail brokers to attract and retain these accounts.
Responsibilities and Accountabilities:
- Underwrite, maintain, and grow a profitable book of Property and Casualty business including Workers Compensation, General Liability, Automobile, and Umbrella/Excess placements within the Private Equity vertical.
- Evaluate and prioritize submissions, analyze exposures and coverage requests.
- Determine pricing and negotiate program offering, manage all post bind activities.
- Negotiate and place facultative reinsurance.
- Manage portfolio metrics.
- Develop and maintain relationships with retail brokers.
- Drive pipeline with assigned brokers.
- Create strategy on target accounts.
- Develop and maintain relationships with new and existing insureds through frequent engagement and annual stewardship.
- Prepare and deliver presentations virtually and in person (when possible).
- Collaborate with internal team members to deliver excellent service to brokers and clients.
- Well-developed active listening, problem solving mindset and interpersonal skills for developing and strengthening broker and client relationships.
- Excellent analytic, communications skills, business writing, and oral presentation skills.
- Understanding and knowledge of exposure identification and analysis.
- Well-developed business acumen to understand performance metrics, develop and implement profitable growth strategy.
- Strong organizational skills to successfully manage multiple submissions and insureds.
- Ability to influence, capable of working independently and interdependently.
- Sound technology capabilities in Microsoft products such as Excel, Word, and PowerPoint.
- Ability to work in a team environment to support others for growth and development
- Independent thinker with a forward-thinking vision.
- College degree preferred.
- At least three (3) plus years of related experience.
- Additional industry-specific study or designations (such as CPCU and ARM) preferred.
- Middle Market Accounts experience required, guaranteed cost program structures.
$97,100 - $150,795/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.
14400 Arch Insurance Group Inc.
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Full-time
Job function
Job function
Finance and Sales-
Industries
Insurance
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