Underwriter / Senior Underwriter, Executive Assurance

Underwriter / Senior Underwriter, Growth & Middle Market

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 / Senior Underwriter, Growth & Middle Market is responsible for the submission generation, underwriting and policy issuance of Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, Fidelity insurance, Kidnap & Ransom and Cyber Liability for entities that meet the GMM account definition within the Central Region.

The Growth & Middle Market department works with privately held companies with annual revenues of less than $1 Billion and publicly traded companies with annual revenues of less than $500 Million. This will be a hybrid (2 days) onsite in Chicago, IL.

Position offered will be dependent upon the individual candidate's qualifications.

Responsibilities and Accountabilities :

• Underwrite and price products, to include financial and exposure analysis
• Monitor new business flow, quote ratio and hit ratio from each target agency to monitor variances to plan. Develop strategies to correct variances with each agency.
• Represent Arch and Executive Assurance professionally whether internally or externally at agent offices or industry events.
• Attendance at meetings with outside company management
• Policy contract review and rating
• Claims review
• Binding of new and renewal accounts according to our underwriting philosophy and strategy
• Provide monthly forecasts for new and renewal business and regular reconciliations to such forecasts. Be able to provide detail as to variances from forecast, include new business results, lost business and pricing changes.
• Service brokers and customers, to drive new business opportunities via existing relationships as well as where there is no existing relationship; continually prospects for new opportunities.
• Coaching and developing the more junior underwriters in the region

Required Skills and Abilities :

Education and Experience :

Base salary range is $85,000 - $118,000 / 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.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.