The Assistant Vice President of Excess Casualty must be a highly-motivated, career-oriented individual who is technically proficient in underwriting casualty business. Candidate must be able to underwrite large, highly technical risks within a diverse set of industries across a variety of products including Umbrella and Excess in accordance with Arch Insurance business standards and sound underwriting practices. The AVP of Excess Casualty will manage a book to achieve organization goals via the effective utilization of assigned human and financial resources in the interpretation, implementation, and achievement of these business goals.
- Work independently to underwrite umbrella and excess policies for highly complex risks
- Strong customer-service focus with the ability to effectively multi-task with limited direction
- Establish and maintain strong relationships with assigned brokers in order to successfully maintain our business which will require travel to producer location.
- Provide input on strategies and actions that can maximize product line underwriting results and competitive advantages while being mindful of the organizational goals of returning desired ROE for the unit’s underwriting results.
- Review large losses to identify any trends or training issues and provide post loss analysis when requested
- Personally participate in marketplace initiatives to expand the overall Arch brand and the specific reputation through interface with regional customers, brokers and other industry professionals.
- Complete special projects as assigned by the head of the business unit.
- Work independently as a member of a team while building a profitable book of business.
- Regularly meet with key brokers and agents, industry groups and insureds to present and represent Arch’s interest in the region.
- Prioritizing work, meeting deadlines in a fast-paced environment
- Ensure that underwriting applications and practices within their book are in accordance with appropriate regulatory requirements.
- Assist finance, claims, legal, marketing, IT, and compliance as needed.
- Excellent communication skills (written and oral) and interpersonal skills
- Demonstrated analytical and problem solving abilities
- Participate in industry conferences as required
- Minimum of 5 years of Large Account Construction underwriting experience, including a progression to more senior underwriting roles with dedicated underwriting authority.
- Demonstrated interpersonal and leadership skills as evidenced by extensive successful external experience in dealing with brokers, agents, policyholders and industry groups and internal experience in dealing with peers, support staff, management.
- Strong written and verbal communication skills with ability to understand and interpret various sources of information to make informed decisions.
- BA or BS undergraduate degree, with exposure to Economics, Mathematics, Business admin or Finance preferred (professional CPCU certification and/or MBA desired).