Underwriter, Package Position Available In [Unknown county], North Carolina

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℠.

Responsibilities:

Underwrite profitable new and renewal business to meet LoB targets Negotiation of participation, pricing and terms and conditions Ownership of accounts / clients Develop and maintain relationships with brokers and clients Underwrite new and renewal accounts to meet top and bottom line targets Negotiate participation, pricing and terms and conditions with brokers Proactively manage capacity Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs) Ensure placing and binding of FAC Reinsurance prior to policy inception Ensure accurate policy documentation issued to broker, or broker has issued documentation File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled Support acquisition of new business and retention of existing business (including client and broker negotiations where necessary) Support market management initiatives Positively represent Arch externally to the market Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, AIRE, Claims, Operations Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

Skills:

Risk Assessment and Management:

Ability to assess risk inherent exposures and natural hazards relevant to

LoB 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.

Communication skills:

Clearly and effectively express ideas and messages via speech or writing.

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.

Experience:

1-3 years proven track record in Underwriting profitable business in LoB. Understanding of LoB products and portfolio Demonstrable, established relationships with brokers at peer group level Good understanding of regional / local LoB insurance markets and competitor landscape Understanding of legal and regulatory framework

Education/Certification:

Preferably a degree in Risk Management and Insurance, Business, Economics, Law, or other appropriate discipline Progress towards professional insurance qualification (e.g.

CPCU, ARM

) 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. 14400 Arch Insurance Group Inc. Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.

Attention Job Seekers:

Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal. Please know the following about our interviewing and hiring practices. We never make job offers without a formal, in person, interview process. We never ask you to send money of any kind.