Arch Capital Group Ltd.

Senior P&C New Business Underwriter

Arch Capital Group Ltd.  •  United Kingdom of Great Britain and Northern Ireland (Onsite)  •  16 days ago
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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℠.

To achieve regional GWP, income and profit objectives through the delivery of an efficient service to brokers, supporting the management of the regional account in conjunction with the regional strategy, financial plan and personal objectives.

Key Tasks and Responsibilities

  • Achieve Profitability, Growth and Expense targets by managing and operating to the Key Performance Indicators of the region.

  • Write renewals and mid-term adjustments of varying complexity up to authority and binder limits. Authority level is reflective of knowledge, experience and qualifications.

  • Enhance Arch’s standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region’s most important brokers

  • Contribute towards business Income & Gross Written Premium (GWP) objectives whilst working towards the business’s annual Target Loss Ratios and rate targets.

  • Responsibility to ensure survey requests, survey overviews and policy documentation are processed, maintaining all relevant reporting tools.

  • Conduct regular case reviews to ensure that technical procedures and standards are followed, in accordance with the Company QA procedures.

  • Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.

  • Maintain personal knowledge of relevant technical issues.

  • Work collaboratively with other parts of the organisation, especially the claims and survey teams, when required.

Role Requirements & Skills

Skills / Competencies

  • Understanding your insurance market - at least 3 years' experience in Commercial underwriting (or broking)

  • Proven broker account development and management

  • Being able to negotiate flexibly and appropriately – manage a profitable portfolio

  • Renew and manage out individual cases and books of business.

  • Effective selling skills

  • Demonstrates a range of influencing and negotiation approaches

  • Risk perception/Risk selection skills

  • Pricing of risk accordingly

  • Successfully developing effective trading relationships

  • Consistently achieving goals and objectives

  • Trading successfully in the insurance marketplace

  • Experience working across functions / matrix organisation to collaborate and build strong relationships

Qualifications

Minimum Cert CII. Dip CII, or progress towards, is preferred

Experience

The job holder will have at least 3 years Commercial Underwriting experience, strong interpersonal skills and work in a structured, planned manner.

Please note that you must be in your current position for a minimum of 6 months and meet performance expectations in order to apply.

If this job isn't the right fit but you're interested in advancing your career with Arch, create a job alert! Simply click on "Create Job Alert" at the top of this posting to opt in to receive emails when we have job openings that meet your criteria.

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.

14101 Arch Europe Insurance Services 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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