Arch Capital Group Ltd.

Vice President, Construction

Arch Capital Group Ltd.

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $180,571 - $271,446 per year

Job Level

Lead

About the role

  • Responsible for technical underwriting and account management of large account construction casualty programs
  • Technical underwriting: solicit/review submissions, identify exposures, assess risk, structure loss sensitive programs, price and prepare proposals
  • Account management: manage post-bind activities (policy production, compliance, audits, legal agreements, collateral, TPA coordination), renewals and retention, mid-term account reviews
  • Sales and marketing: develop/maintain producer and insured relationships, strategic positioning, generate qualified submissions
  • Administrative: maintain underwriting and policy file documentation, complete ad hoc projects as assigned
  • Arch is a Bermuda-based specialty insurer with global operations

Requirements

  • 10+ years of underwriting experience and/or 10+ years experience in the construction industry and/or insurance industry
  • Established broker relationships within the Northeast/Mid-Atlantic Region preferred
  • Bachelor’s degree or equivalent training required
  • CPCU or similar designation a plus
  • Understanding and knowledge of Workers Compensation, General Liability, Automobile coverage forms and endorsements
  • Thorough understanding of loss sensitive programs (products, pricing, expensing, actuarial loss projecting techniques, retention and aggregate setting, limit profiles, ALAE, facultative reinsurance)
  • Understanding of exposure identification and analysis
  • Cross-functional knowledge of claims, risk control, audit, premium accounting, finance and legal
  • Knowledge of regulatory and compliance issues
  • Knowledge of Arch’s product set
  • Excellent written, verbal and presentation communication skills
  • Sales and negotiation skills
  • Leadership and ability to support other team members
  • Ability to perform multiple tasks simultaneously and influence without authority
  • Highly proficient in Microsoft Excel, Word, Outlook, and PowerPoint