Arch Insurance Group Inc.
Underwriting Specialist, Middle Market Solutions
Arch Insurance Group Inc., Memphis, Tennessee, us, 37544
Underwriting Specialist, Middle Market Solutions
3 days ago Be among the first 25 applicants 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
$83,600.00/yr - $112,918.00/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℠.
Main Responsibilities for this role include:
Underwrite Profitable business Underwrite new and renewal accounts to meet top and bottom line targets Negotiate price and terms and conditions with producers Proactively manage capacity Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios for relevant Lines of Business (LoB's) Underwriting Approach and Compliance Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles Ensure contract certainty is achieved on all accounts at time of inception Ensure utilization of global pricing tools Ensure placing and binding of FAC Reinsurance prior to policy inception Policy Documentation and Administration Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility) File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled Proactively support completion of policy administration and credit control processes Underwriting Strategy & Leadership Contribute to development and execution of regional Underwriting strategy for LoB regionally Training, developing and coaching of less experienced staff (including Underwriters) Delegate work as appropriate
Requirements:
A minimum of 3+ years of direct experience in underwriting profitable business Specialized expert understanding of sub-LoB products and portfolio Recognized relationships with brokers at peer group level and well established within market Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements Preferably a degree in Economics, Finance, Insurance Management, or Business Administration Professional insurance qualification (e.g. CPCU) is a plus
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.
$83,600 - $112,918/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.
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.
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at Arch Insurance Group Inc. by 2x Get notified about new Underwriter jobs in
Memphis, TN . Regional Sales Manager Escrow - Remote (CO, MN, MO, UT)
CFA - Chartered Financial Analyst - Level 1 Tutor
CFA - Chartered Financial Analyst - Level 2 Tutor
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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3 days ago Be among the first 25 applicants 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
$83,600.00/yr - $112,918.00/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℠.
Main Responsibilities for this role include:
Underwrite Profitable business Underwrite new and renewal accounts to meet top and bottom line targets Negotiate price and terms and conditions with producers Proactively manage capacity Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios for relevant Lines of Business (LoB's) Underwriting Approach and Compliance Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles Ensure contract certainty is achieved on all accounts at time of inception Ensure utilization of global pricing tools Ensure placing and binding of FAC Reinsurance prior to policy inception Policy Documentation and Administration Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility) File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled Proactively support completion of policy administration and credit control processes Underwriting Strategy & Leadership Contribute to development and execution of regional Underwriting strategy for LoB regionally Training, developing and coaching of less experienced staff (including Underwriters) Delegate work as appropriate
Requirements:
A minimum of 3+ years of direct experience in underwriting profitable business Specialized expert understanding of sub-LoB products and portfolio Recognized relationships with brokers at peer group level and well established within market Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements Preferably a degree in Economics, Finance, Insurance Management, or Business Administration Professional insurance qualification (e.g. CPCU) is a plus
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.
$83,600 - $112,918/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.
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.
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at Arch Insurance Group Inc. by 2x Get notified about new Underwriter jobs in
Memphis, TN . Regional Sales Manager Escrow - Remote (CO, MN, MO, UT)
CFA - Chartered Financial Analyst - Level 1 Tutor
CFA - Chartered Financial Analyst - Level 2 Tutor
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr