Arch Capital Group Ltd.

Northern Region Underwriting Manager, Executive Assurance

Arch Capital Group Ltd.  •  Sydney, AU (Onsite)  •  2 months ago
Expired
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Job Description

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℠.

Key Tasks and Responsibilities

  • Underwrite new and renewal EA business in accordance with allocated underwriting authority level.
  • Achieving planned underwriting results for new and renewal business and identifying requirements to meet the Region’s business needs
  • Leading and managing a team of Region EA underwriters and ensuring compliance with all business policies and procedures.
  • Is accountable for the EA Region Growth Strategy.
  • Is responsible for EA’s Region distribution strategy.
  • Provide monthly End of Month Reporting on the Region EA book.
  • Provide input for the Region for the Arch Australia Line of Business Review.
  • Attends calls and meetings with local and group managers in London, as required.
  • Ensure accurate entry of submissions, quotes and bound policies and recording of underwriting information in Arch’s underwriting systems.
  • Conduct account clearance procedures for multi-national risks, as required.
  • Ensure and manage the underwriting and servicing of risks is both timely and accurate whilst adhering to all Arch underwriting/ compliance guidelines, service standards and regulatory requirements.
  • Coordinate individual risk underwriting actions with other departments to assure the highest level of customer satisfaction while meeting production and business goals.
  • Provide regular direction and leadership to local EA underwriting team to achieve specific line of business and broader corporate strategic objectives.
  • Conduct Peer Reviews and ensure accurate completion and/or review of Peer sheets.
  • Collaborate with Regional Manager - Australia, and the Underwriting Manager- EA on the development of annual and long-term operating plans.
  • Collaborate with Managers and Underwriters within the Region to drive multi line growth and build relationships in the Region.
  • Perform product development and marketing activities including identifying producer relationships within assigned market to optimize best solutions for distribution; identify and suggest new and modified products; identify producers for business/marketing programs; and analyse producers and market opportunities.
  • Monitor and report on notable Claims activity within the portfolio to Underwriting Manager - EA and Regional Manager on a monthly basis.
  • Coordinate with the Underwriting Manager- EA, and EA Line of Business Head on all ceded reinsurance actions in accordance with Arch guidelines.
  • Maintain appropriate business activity logs to record submission activity, or premium activity for management reports.
  • Assist in the resolution of outstanding premium receivable issues, when directed.
  • Stay abreast of industry topics and changes in legislation impacting the line of business.

People management responsibilities:

  • Communicate organizational goals with team members and clarify set expectations.
  • Monitor employees’ productivity and provide constructive feedback and coaching.
  • Oversee employee’s performance; organize regular 1:1 meeting to discuss performance, manage underperformance, conduct annual performance reviews, support setting annual goals.
  • Provide guidance, support and mentoring to the employees.
  • Identify development needs of employees and discuss career development aspirations.
  • Review leave requests as per the policies, oversee team operation, manage employees’ workload and attendance.
  • Conduct disciplinary conversations when required.
  • Manage recruitment process within reasonable timeframe; identify recruitment needs, conduct interviews and provide feedback.
  • Prepare and manage onboarding of new employees; prepare new employee’s training.
  • Ensure adherence to legal and company policies and procedures is undertaken.

General responsibilities:

  • Collaborate effectively with other business units.
  • Adhere to company’s policies, procedures and local guidance as well as to the legislation.
  • Other reasonable duties as directed by the business, within the scope of the role.

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.

16200 Arch Underwriting at Lloyd's (Australia) Pty Ltd

Arch Capital Group Ltd.

About Arch Capital Group Ltd.

Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda.

Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture.

We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change.

As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs.

Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here.

ATTENTION JOB SEEKERS

Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.

If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal.

Please know the following about our interviewing and hiring practices:

We never make job offers without a formal interview process. We never ask you to send money of any kind.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Bermuda (Pembroke, BM
Year Founded
Unknown
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