Arch Capital Group Ltd.

Executive Underwriter, Commercial Surety

Arch Capital Group Ltd.$100K — $120K *
US-Anywhere
+ 4 other locationsRemote
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of three years of surety underwriting experience or equivalent surety-related experience required.
  • AFSB designation preferred.
  • Solid understanding of financial and accounting principles.
  • Strong communication and organizational skills.
  • Ability to multi-task and prioritize effectively.
  • Quick learner with a proactive attitude towards new challenges.
  • Proficient in Microsoft Office software products.

Responsibilities

  • Gather and analyze information for accurate credit quality evaluations.
  • Develop and maintain relationships with producers, while cultivating new ones.
  • Manage a book of business to meet profitability objectives and explore new opportunities.
  • Continuously monitor accounts to ensure compliance and recommend corrective actions.
  • Prepare underwriting submissions and make decisions within established limits.
  • Assist with additional projects as requested by the Regional Leader.

Benefits

  • Multiple medical plans plus dental, vision, and prescription drug coverage.
  • Competitive 401k with generous matching.
  • PTO starting at 20 days per year, plus 12 paid company holidays.
  • Paid Volunteer Time Offer with 2 additional paid days.
  • Basic Life and AD&D Insurance, Short and Long-Term Disability.
  • Paid Parental Leave up to 10 weeks.
  • Student Loan Assistance and Tuition Reimbursement.
  • Backup Child and Elder Care services.
Full Job Description

Position Summary:

Partnering with a regional leader, provide underwriting and marketing duties by conducting high levels of financial analysis, risk assessment and utilizing technical underwriting expertise to determine credit quality and underwriting acceptability. This candidate can sit 100% remote in the Southeast.

Responsibilities and Accountabilities:

  • Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk

  • Develop and maintain strong working relationships with assigned producers and cultivate new relationships

  • Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory

  • Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed

  • Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;

  • Performs additional projects as requested by Regional Lead

Required Skills and Abilities:

  • Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract accounts

  • Strong communication and organizational skills

  • Ability to multi-task and prioritize workload to meet agreed upon expectations

  • Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures.

Education and Experience:

  • Minimum of three years surety underwriting experience and/or equivalent surety related experience required.

  • AFSB designation preferred. 

  • Strong computer skills including proficiency in Microsoft Office software products.

#LI-Remote

#LI-JD1

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 to learn more on available benefits.

14400 Arch Insurance Group Inc.

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

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