Underwriting Specialist

3 days ago


San Francisco, California, United States Arch Capital Group Ltd. Full time
Job Summary

We are seeking a highly skilled Underwriting Specialist to join our team at Arch Capital Group Ltd. As an Underwriting Specialist, you will be responsible for underwriting new and renewal business to meet our company's targets, while also developing and maintaining strong relationships with brokers and clients.

Key Responsibilities
  • 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
  • Negotiate price and terms and conditions with producers
  • Proactively manage capacity
  • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios
  • Specialize in Product Line within Middle Market Business
  • Underwrite International Insurance Programs
  • Underwrite in line with LoB governance framework
  • Ensure placing and binding of FAC Reinsurance prior to policy inception
  • File maintenance - ensure file is established and maintained for each risk and transaction handled
  • Proactively develop relationships with brokers and agents assigned within the territory to pursue new business acquisition and/or large renewal retention
  • Acquisition of new business and retention of existing business including client and broker negotiations
  • Training, developing and coaching of less experienced staff
  • Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate
  • Delegate work as appropriate
  • Positively represent Arch Capital Group Ltd. externally to the market
  • Proactively drive involvement of functional areas in Underwriting process
Requirements
  • A minimum of 4+ years of Commercial Property & Casualty Underwriting experience
  • Recognized established relationships with brokers at peer group level and within market
  • Specialized understanding of regional/local insurance markets and competitor landscape
  • Good understanding of legal and regulatory framework
  • Undergraduate degree required
  • Completion of professional insurance qualification (e.g. CPCU) is preferred
What We Offer

As an Underwriting Specialist at Arch Capital Group Ltd., you will have the opportunity to work with a talented team of professionals, develop your skills and expertise, and contribute to the success of our company. We offer a competitive salary range of $148,614 - $201,066/year, as well as a range of benefits and incentives.



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