Underwriting Specialist, Middle Market Solutions

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 Underwriter role is responsible for driving profitable growth through the evaluation and underwriting of new and renewal accounts. This position involves close collaboration with producers to negotiate pricing, terms, and conditions, while proactively managing capacity and ensuring compliance with governance frameworks and underwriting guidelines. This is a market-facing so expected to be meeting with brokers in the territory.

Responsibilities and Accountabilities :

Underwrite new and renewal accounts to meet top and bottom line targets

Negotiate price and terms and conditions with producers

Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios for relevant Lines of Business (LoB's)

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

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

Education and Experience :

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 but not required

#LI-Hybrid

#LI-Remote

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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.

$111,100 - $172,465 / year + 16% target bonus

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.

14400 Arch Insurance Group Inc.