Position Summary:The Senior Underwriter will develop and maintain strong relationships with brokers and serve as a specialized technical expert for Middle Market P&C Accounts. This will be a hybrid position in Charlotte, NC with a minimum of 20% travel for broker/production needs.
Responsibilities and Accountabilities:- Manage assigned broker portfolio of accounts to achieve efficient returns of profitability and growth.
- Underwrite new and renewal accounts to meet top and bottom line targets.
- Ensure placing and binding of FAC Reinsurance prior to policy inception.
- Proactively develop relationships with brokers and agents assigned within the territory to either pursue new business acquisition and/or large renewal retention.
- Acquisition of new business and retention of existing business including client and broker negotiations.
- Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate.
- Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations.
- Handle market facing broker relationships with ability to travel a minimum of 20%.
Required Skills and Abilities:- Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to MM P&C.
- Pricing and Market Mgt: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs.
- Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings.
- Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
- Influencing Skills: Ability to persuade and motivate others to act, without executive authority.
- Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions.
- IT Skills (Office applications): Use general office application tools e.g. Power Point, Excel, Word.
Education and Experience:- A minimum of 2+ years of Commercial Property & Casualty Underwriting experience. Middle Market experience is preferred.
- Recognized established relationships with brokers at peer group level and within market.
- Experience with General Liability, Umbrella, Commercial Auto, Commercial Property, and/or Workers Compensation.
- Good understanding of legal and regulatory framework.
- Undergraduate degree required. Economics, Finance, Insurance Management, or Business Administration is preferred.
- Completion of professional insurance qualification (e.g. CPCU) is preferred, but not required.
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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.
14400 Arch Insurance Group Inc.
