Underwriting Specialist, Middle Market Solutions, Property
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Hybrid
Location: Home Base • Illinois • Iowa • United States
Visit company websiteExplore more
Salary
💰 $133,300 - $165,900 per year
About the role
- Establish relationships with key trading partners and drive submission activity across assigned Brokers
- Be responsible for profit, growth and retention of assigned book
- Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies
- Work collaboratively with internal stakeholders and brokers to retain key assigned renewals and lead coordination of Risk Services & Claims Service plans for key accounts
- Maintain and develop relationships internally and externally
- Develop, advance & execute against a prospect pipeline with our trading partners, as well as engaging other business units for cross-selling opportunities
Requirements
- Bachelor’s degree
- 5+ years of Underwriting experience preferably in the Middle Market Monoline Property segment or a Multiline background
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers
- Strong negotiations skills and sales acumen
- Invest in local broker and insurance marketplace relationships
- Knowledge and understanding of current insurance marketplace conditions
- Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
- Understanding of Property Insurance coverage, terms and conditions
- Proficiency in Microsoft Office Suite
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- a 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 Offer
- basic Life and AD&D Insurance
- Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance
- Tuition Reimbursement
- Backup Child and Elder Care
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
UnderwritingProperty InsuranceNegotiationSales AcumenRisk ServicesClaims ServiceCross-sellingMarket Analysis
Soft Skills
Relationship BuildingCollaborationConfidenceAdvisory Skills
Certifications
Bachelor’s Degree