Vice President, Region Leader, Spend Management
Vizient, Inc
Vice President, Middle Market Solutions
Arch Capital Group Ltd.
full-time
Posted on:
Location: 🇺🇸 United States
Visit company websiteSalary
💰 $150,200 - $233,185 per year
Job Level
Lead
About the role
- Lead a team of underwriting professionals for Middle Market Property & Casualty accounts
- Oversee technical underwriting and account management targeting Real Estate, Hospitality, Manufacturing, and Healthcare industries
- Collaborate with retail brokers to attract and retain accounts
- Manage a portfolio of new and renewal business in accordance with strategy and profitability goals
- Mentor and lead team in negotiating pricing, terms and conditions
- Build and sustain meaningful broker relationships with consistent visibility and accessibility
- Augment training conducted by Chief Underwriting Office and ensure team competency
- Effectively manage referrals within underwriting authority in a timely fashion
- Source, hire and performance manage employees to develop larger responsibilities
Requirements
- Mentor and develop team members to profitably underwrite and manage their portfolio
- Ensure underwriting decisions comply with governance framework including underwriting authority, pricing tools and rules and regulations mandated by Department of Insurance personnel
- Stay apprised of changing market conditions to seize opportunities and minimize risk
- Represent Arch Underwriters, Inc. and maintain positive broker and insured relationships
- Establish positive working relationships with Operations, Engineering and Claims
- Motivate and inspire team; model a culture of learning and development
- Communication & Presentation skills (clear and concise written and verbal communication)
- Influence skills to persuade and motivate others
- Leading others: delegate and hold people accountable
- Technical knowledge: utilize pricing tools and underwriting authority to make informed decisions
- Four-year college degree (preferably Business, Economics or Legal)
- Ten years prior underwriting experience in middle market or large commercial casualty underwriting business
