Senior Commercial Underwriter
2 weeks ago
At Arch Capital Group Ltd., we are committed to promoting progress and inspiring our clients, employees, investors, and communities to achieve their greatest potential. We enable others to achieve their goals by providing exceptional services.
About the RoleAchieving regional gross written premium (GWP), income, and profit objectives is crucial for this position. Efficient service delivery to brokers, supporting regional account management, and strategy will be key to success. The ideal candidate will manage Key Performance Indicators to ensure profitability, growth, and expense targets are met.
Key Responsibilities- Write new business, renewals, and mid-term adjustments up to authority limits.
- Enhance Arch's local presence by building relationships with key directors and staff at top brokers.
- Contribute to business income and GWP objectives while maintaining target loss ratios.
- Process survey requests, overviews, and policy documentation.
- Conduct case reviews to ensure technical procedures are followed.
- Deliver technical guidance to underwriting staff.
- Handle referral cases above authority levels.
- Collaborate with claims and survey teams as needed.
- Understand the insurance market with at least 3 years' experience in Commercial Underwriting.
- Proven broker account development and management.
- Negotiate flexibly and manage a profitable portfolio.
- Win, renew, and manage individual cases and books of business.
- Effective selling skills and influencing approaches.
- Risk perception and pricing skills.
- Develop trading relationships and achieve goals.
- Collaborate across functions and build strong relationships.
The estimated salary for this role is around $120,000 - $180,000 per year, depending on experience and qualifications. Additional benefits include health insurance, retirement plans, and opportunities for professional growth.
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