Insurance Underwriting Compliance Specialist
1 week ago
We are looking for an experienced Insurance Underwriting Compliance Specialist to join our underwriting team at Arch Capital Group. The successful candidate will be responsible for administering coverholder and binding authority due diligence reviews, ensuring compliance with regulatory requirements and maintaining high standards of record-keeping.
The ideal candidate will possess a strong understanding of insurance principles, regulatory frameworks, and compliance regulations. They will work closely with internal and external stakeholders to ensure seamless execution of delegated authority operations.
Key Responsibilities:- Administer coverholder and binding authority due diligence reviews, ensuring compliance with regulatory requirements
- Collate due diligence-related documentation from coverholders and Market systems (Lloyd's Atlas) as required
- Monitor upcoming renewal cycles for delegated facilities
- Liaise with internal and external stakeholders to resolve issues arising from the due diligence process
- Maintain accurate records of coverholder and binding authority information in our coverholder and binding authority management tool (Intarga)
Salary: $70,000 - $90,000 per annum. Benefits include comprehensive health insurance, retirement plan, and professional development opportunities.
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