Join to apply for the Underwriting Specialist, Property role at Arch Insurance Group Inc.
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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
$133,753.00/yr - $180,959.00/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℠.
Job Summary:
We are looking for a commercial property expert for a Monoline Property underwriting role. This role will include both new business production and renewal management. Our Middle Market Property unit utilizes a proprietary property form and writes ground-up, full-limit Property structures. As an underwriter, you will be responsible for directly underwriting, servicing, and growing a book focused on Real Estate, Hospitality, Manufacturing, Healthcare, and Wholesale Distribution businesses. You will work closely within the property product team and with package underwriters to drive profitable growth.
Responsibilities:
- Establish relationships with key trading partners and drive submission activity across assigned brokers.
- Be responsible for profit, growth, and retention of your assigned book.
- Meet or exceed new business production goals while maintaining profitability and adhering to authority and strategies.
- Collaborate with internal stakeholders and brokers to retain key renewals and coordinate Risk Services & Claims Service plans for key accounts.
- Maintain and develop relationships internally and externally.
- Develop, advance, and execute against a prospect pipeline with trading partners, and engage other business units for cross-selling opportunities.
Desired Qualifications:
- Bachelor’s degree
- 5+ years of Underwriting experience, preferably in the Middle Market Monoline Property segment or a Multiline background
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers
- Presentation and public speaking skills
- Strong negotiation skills and sales acumen
- Investment in local broker and insurance marketplace relationships
- Knowledge of current insurance marketplace conditions
- Understanding and adherence to organizational and regulatory rules, and underwriting authority
- Understanding of Property Insurance coverage, terms, and conditions
- Proficiency in Microsoft Office Suite
Additional details about employment types, salary ranges, and benefits are provided, emphasizing the company's commitment to a flexible and rewarding work environment.