Arch Capital Group Ltd.

EVP, Surety

Arch Capital Group Ltd.$330K — $380K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15-20+ years of insurance underwriting experience, especially in surety products.
  • Proven track record leading cross-functional teams with diverse skill sets.
  • Strong abilities in talent development, including mentoring and performance management.
  • Skill in aligning strategy with operations to drive organizational success.
  • Willingness to travel across North America, up to 35% as needed.

Responsibilities

  • Set and execute strategic direction for underwriting to enhance results.
  • Collaborate with stakeholders to drive business unit objectives and growth.
  • Manage the group to meet underwriting performance targets and resource optimization.
  • Assess performance metrics, market opportunities, and regulatory compliance.
  • Engage marketplace stakeholders to represent the organization and build relationships.
  • Ensure underwriting practices adhere to regulatory standards and guidelines.
  • Promote effective marketing and product application to sustain growth.

Benefits

  • Comprehensive medical, dental, vision, and prescription drug coverage.
  • Competitive 401k with generous matching contributions.
  • Starting PTO of 20 days per year plus 12 paid holidays.
  • Paid Volunteer Time Off for community engagement.
  • Paid Parental Leave of up to 10 weeks.
  • Student Loan Assistance and Tuition Reimbursement opportunities.
  • Backup childcare and elder care services.
Full Job Description
Job Summary

Arch Insurance North America is seeking an experienced insurance leader to provide strategic direction, management, and leadership for the Surety Underwriting Group. This role is responsible for developing and executing underwriting strategy, achieving business unit objectives, supporting profitable growth, and partnering effectively with internal and external stakeholders.

This position can be performed from any location that is near an Arch Insurance office.

Responsibilities
  • Set strategic direction and execute actions that maximize product-line underwriting results and strengthen competitive positioning.
  • Partner with internal and external stakeholders to achieve business unit goals and support profitable growth.
  • Lead ongoing management of the group to achieve underwriting and line-of-business goals while optimizing the use of business unit and support resources.
  • Evaluate underwriting performance, renewals, new business opportunities, actuarial trends, ceded reinsurance, market opportunities, and product applications.
  • Represent the organization in the marketplace through engagement with key customers, agents, and brokers.
  • Ensure underwriting products, practices, guidelines, and authority limits comply with applicable regulatory requirements.
  • Promote underwriting discipline, product application, and marketing execution to sustain business results and growth.


Required Qualifications
  • 15-20+ years of insurance underwriting experience across home office and field environments, with strong knowledge of surety products.
  • Demonstrated experience leading high-performing, cross-functional teams with varied experience levels and skill sets.
  • Strong talent development capabilities, including mentoring, coaching, leadership development, and performance management.
  • Ability to align strategy with day-to-day operations to achieve key business objectives and drive organizational success.
  • Willingness and ability to travel across North America for account and marketing visits.
  • Ability to travel up to 35%.


Preferred Qualifications
  • Bachelor's degree in business, insurance, or a related field, or equivalent work experience.
  • Successful completion of coursework in finance, management, accounting, and marketing.


Key Competencies
  • Strategic thinking, sound judgment, problem solving, and decision making.
  • Executive communication, relationship management, negotiation, and marketplace presence.
  • Team leadership, collaboration, operational discipline, compliance orientation, and strong industry knowledge.


Technical Knowledge
  • Exposure identification and analysis.
  • Analytics tools and data-informed underwriting practices.
  • Cross-functional understanding of claims, risk control, audit, premium accounting, finance, and legal disciplines.
  • Regulatory and compliance requirements impacting surety underwriting.


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.

$330,000 - $380,000/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.
  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. Arch Capital Group Ltd. is a Bermuda-based public limited liability company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services Inc. provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth.
Learn more about Arch Capital Group Ltd.
Size
4,000 employees
Market Cap
$23.1 billion
Industry
Net Income
$1.4 billion
5 Year Trend
+16.3%
Revenue
$8.3 billion

Similar Jobs

More Jobs at Arch Capital Group Ltd.

More Finance & Insurance Jobs

Find similar EVP, Surety jobs: