Arch Insurance Group Inc.
VP, Product Line Management - Workers Compensation
Arch Insurance Group Inc., Washington, District of Columbia, us, 20022
VP, Product Line Management - Workers Compensation
Join to apply for the
VP, Product Line Management - Workers Compensation
role at
Arch Insurance Group Inc.
Overview The Vice President, Corporate Underwriting Product Line Manager role emphasizes strategic influence and collaboration with Business Units, ensuring that Workers Compensation underwriting strategies are developed with input from BUs and aligned with corporate goals. The position supports consistency across portfolios while recognizing appropriate differences, and works closely with underwriting, product development, compliance, actuarial, claims, and risk control. It does not dictate business unit strategy or set authority levels but rather advises and supports enterprise-wide Workers Compensation initiatives.
On behalf of Corporate Underwriting, and working with business unit leadership, this individual will assure that Arch has developed comprehensive underwriting strategies for the Workers Compensation business in support of business initiatives and overall profitability. Since Arch writes the same product in several business units, the Workers Compensation Product Line Manager is charged with understanding those portfolios, ensuring consistencies in the underwriting approach, providing guidance and supporting sound business solutions and coordinating training on various Workers Compensation topics. The individual will consult with product development and compliance as they develop policy language to address coverage concerns and will also work with the other functional areas (actuarial, claims, risk control, etc.) to ensure that Arch has necessary end-to-end capabilities to successfully write this line of business.
Details
Department: Corporate Underwriting
Reports to: Senior Vice President, Corporate Underwriting Product Line Management
Location: Hybrid role – based in a major metropolitan East coast or Midwest city
Job Responsibilities And Accountabilities
Line of Business Strategy & Thought Leadership:
Develop and implement comprehensive underwriting strategies for Workers Compensation that identify capabilities needed across the organization to deliver results aligning with Arch’s profitability and growth goals (Return to Work, managed care, etc.).
Lead the creation and dissemination of enterprise-level underwriting guidelines, principles and best practices applicable across the organization in conjunction with BUs and senior management; provide consultation for development of Business Unit underwriting guidelines.
Serve as the primary corporate subject matter expert for Workers’ Compensation, providing strategic insights on coverage nuances and emerging industry issues.
Represent the Workers Compensation line in internal councils and external industry forums, contributing thought leadership and market insights.
Develop and deliver training programs on Workers’ Compensation topics and coverage coordination across jurisdictions.
Partner with Claims, Actuarial, Operations and IT to enhance data capture, analytics, and system capabilities that support underwriting decisions.
Partner with Risk Control to align underwriting analysis with the latest workplace hazards, risk patterns and vulnerabilities.
Portfolio Analysis & Market Insights:
Analyze portfolio performance and claim trends to understand loss drivers; provide strategic influence and coordinate enterprise-wide insights.
Develop state-level market attractiveness reports to inform geographic strategies, in collaboration with Actuarial and Claims.
Coordinate with Strategic Analytics to establish portfolio management tools for enterprise and BU levels.
Monitor competitor activity and market developments to inform underwriting initiatives and strategic positioning.
Prepare reports and white papers on emerging issues, litigation trends, and regulatory changes impacting Workers’ Compensation.
Monitor and interpret regulatory changes at state and bureau levels and assess impacts on underwriting, pricing, and product development.
Additional Responsibilities:
Establish and monitor aggregation standards; monitor loss trends including medical and indemnity trends in coordination with Claims and Actuarial.
Required Skills and Abilities
Senior-level underwriter and leader with 10+ years of experience in field underwriting and Corporate/Home Office roles.
Expert-level knowledge and technical expertise in Workers’ Compensation.
Ability to translate issues into concise policy documents and to communicate strategies and concerns to Arch senior leadership.
Ability to influence senior executives, BU leadership, and underwriting support units to enable a coordinated approach.
Education and Experience
Knowledge of emerging issues within the Workers’ Compensation insurance marketplace.
Adept at building and managing teams of specialized, technical experts.
Strategic thinking and organizational agility across multiple units (Operations, Product Development, Compliance, IT, Actuary).
Effective communication across all levels of the organization.
Demonstrates Arch Experience Values such as solving for the customer and balancing consistency with efficiency.
Compensation Base pay range: $145,700.00/yr - $202,770.00/yr. The total compensation may include incentives and will consider location, scope, qualifications, and business needs. This position is incentive eligible.
Note: The salary range shown is as of the time of posting and may be modified in the future. Arch provides a comprehensive benefits package including medical plans, dental, vision, 401(k) with matching, PTO and holidays, life and disability insurance, parental leave, student loan assistance and tuition reimbursement, and more.
Additional For individuals assigned to the indicated location(s), this job posting provides the base salary range; the position is based on location and incentive eligibility. If this job isn’t the right fit, consider joining Arch’s talent community or setting up a job alert.
#J-18808-Ljbffr
VP, Product Line Management - Workers Compensation
role at
Arch Insurance Group Inc.
Overview The Vice President, Corporate Underwriting Product Line Manager role emphasizes strategic influence and collaboration with Business Units, ensuring that Workers Compensation underwriting strategies are developed with input from BUs and aligned with corporate goals. The position supports consistency across portfolios while recognizing appropriate differences, and works closely with underwriting, product development, compliance, actuarial, claims, and risk control. It does not dictate business unit strategy or set authority levels but rather advises and supports enterprise-wide Workers Compensation initiatives.
On behalf of Corporate Underwriting, and working with business unit leadership, this individual will assure that Arch has developed comprehensive underwriting strategies for the Workers Compensation business in support of business initiatives and overall profitability. Since Arch writes the same product in several business units, the Workers Compensation Product Line Manager is charged with understanding those portfolios, ensuring consistencies in the underwriting approach, providing guidance and supporting sound business solutions and coordinating training on various Workers Compensation topics. The individual will consult with product development and compliance as they develop policy language to address coverage concerns and will also work with the other functional areas (actuarial, claims, risk control, etc.) to ensure that Arch has necessary end-to-end capabilities to successfully write this line of business.
Details
Department: Corporate Underwriting
Reports to: Senior Vice President, Corporate Underwriting Product Line Management
Location: Hybrid role – based in a major metropolitan East coast or Midwest city
Job Responsibilities And Accountabilities
Line of Business Strategy & Thought Leadership:
Develop and implement comprehensive underwriting strategies for Workers Compensation that identify capabilities needed across the organization to deliver results aligning with Arch’s profitability and growth goals (Return to Work, managed care, etc.).
Lead the creation and dissemination of enterprise-level underwriting guidelines, principles and best practices applicable across the organization in conjunction with BUs and senior management; provide consultation for development of Business Unit underwriting guidelines.
Serve as the primary corporate subject matter expert for Workers’ Compensation, providing strategic insights on coverage nuances and emerging industry issues.
Represent the Workers Compensation line in internal councils and external industry forums, contributing thought leadership and market insights.
Develop and deliver training programs on Workers’ Compensation topics and coverage coordination across jurisdictions.
Partner with Claims, Actuarial, Operations and IT to enhance data capture, analytics, and system capabilities that support underwriting decisions.
Partner with Risk Control to align underwriting analysis with the latest workplace hazards, risk patterns and vulnerabilities.
Portfolio Analysis & Market Insights:
Analyze portfolio performance and claim trends to understand loss drivers; provide strategic influence and coordinate enterprise-wide insights.
Develop state-level market attractiveness reports to inform geographic strategies, in collaboration with Actuarial and Claims.
Coordinate with Strategic Analytics to establish portfolio management tools for enterprise and BU levels.
Monitor competitor activity and market developments to inform underwriting initiatives and strategic positioning.
Prepare reports and white papers on emerging issues, litigation trends, and regulatory changes impacting Workers’ Compensation.
Monitor and interpret regulatory changes at state and bureau levels and assess impacts on underwriting, pricing, and product development.
Additional Responsibilities:
Establish and monitor aggregation standards; monitor loss trends including medical and indemnity trends in coordination with Claims and Actuarial.
Required Skills and Abilities
Senior-level underwriter and leader with 10+ years of experience in field underwriting and Corporate/Home Office roles.
Expert-level knowledge and technical expertise in Workers’ Compensation.
Ability to translate issues into concise policy documents and to communicate strategies and concerns to Arch senior leadership.
Ability to influence senior executives, BU leadership, and underwriting support units to enable a coordinated approach.
Education and Experience
Knowledge of emerging issues within the Workers’ Compensation insurance marketplace.
Adept at building and managing teams of specialized, technical experts.
Strategic thinking and organizational agility across multiple units (Operations, Product Development, Compliance, IT, Actuary).
Effective communication across all levels of the organization.
Demonstrates Arch Experience Values such as solving for the customer and balancing consistency with efficiency.
Compensation Base pay range: $145,700.00/yr - $202,770.00/yr. The total compensation may include incentives and will consider location, scope, qualifications, and business needs. This position is incentive eligible.
Note: The salary range shown is as of the time of posting and may be modified in the future. Arch provides a comprehensive benefits package including medical plans, dental, vision, 401(k) with matching, PTO and holidays, life and disability insurance, parental leave, student loan assistance and tuition reimbursement, and more.
Additional For individuals assigned to the indicated location(s), this job posting provides the base salary range; the position is based on location and incentive eligibility. If this job isn’t the right fit, consider joining Arch’s talent community or setting up a job alert.
#J-18808-Ljbffr