AVP, Professional Liability, Construction Specialty Products
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Office
Location: Dallas • Minnesota, Montana, Pennsylvania, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $152,970 - $206,959 per year
Job Level
Lead
About the role
- Solicits and reviews new and renewal account information required to evaluate a risk
- Identifies all potential exposures and hazards in relation to coverage requested and individual risk characteristics
- Engage other internal resources as necessary
- Underwrites prices and prepares proposals based on objective and subject risk characteristics, input of internal resource team, existing product set and regulatory filings
- Prepares final quotation/proposal and presents to producer and/or prospective insured
- Quarterbacks all post bind activities and has responsibility to deliver promised service to customers
- Responsible for the renewal and retention management process to achieve targeted retention and price change goals
- Drives effort to expand Arch footprint where pricing and selection are favorable
- Leads efforts to develop standard underwriting procedures and pricing strategies with assistance of various internal resources
- Continually assists with evaluation of portfolio’s pricing adequacy and profitability
- Develops and maintains relationships with producers and insured’s to achieve overall productions and profitability goals
- Meets with producers and insured’s to discuss individual account issues, uncover critical customer needs and financial buying characteristics
- Develops a strategic plan for positioning and selling Arch at both the producer and the insured level
- Responsible for all underwriting and policy file documentation
- Coordinates all administrative duties related to existing and prospective accounts
- Completes ad hoc projects as assigned by management personnel
Requirements
- Ten plus years of construction professional liability/pollution liability underwriting experience
- Experience in roles with responsibility assisting or driving underwriting guideline and tool development
- Established broker relationships
- Bachelor’s degree or equivalent training required
- CPCU or other similar designation a plus
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Off
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
- and more.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
underwritingrisk evaluationpricing strategiesproposal preparationaccount managementportfolio evaluationadministrative dutiesguideline developmenttool developmentcustomer service
Soft skills
relationship managementstrategic planningcommunicationleadershipcollaborationproblem-solvingcustomer needs assessmentorganizational skillsnegotiationteam coordination
Certifications
CPCUBachelor’s degree