Arch Capital Group Ltd.

Senior Underwriting Assistant, NAC

Arch Capital Group Ltd.  •  $70k - $95k/yr  •  Los Angeles, CA (Hybrid)  •  1 day 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℠.

The Senior Underwriting Assistant is responsible for contributing to the profitability and revenue goals of the department through delivery of individual account underwriting support and exceptional customer service. Their primary focus is to execute and manage the flow of work alongside the underwriter including submission review/information follow up, manual rating, creating and initial population of pricing models, billing transactions, policy and endorsement issuance and other post-bind tasks. Other duties include assisting the underwriter in the evaluation and pricing of individual accounts.

Responsibilities and Accountabilities:

  • Review submissions, obtain pertinent underwriting information to enable or assist the underwriter to accurately identify and assess exposures and risk hazards

  • Perform and/or coordinate completion of transactional underwriting duties with timeliness and accuracy including: preparation of proposals and binders; account invoicing; policy and endorsement issuance and processing of reinsurance transactions

  • Complete other underwriting account support tasks with minimal supervision as per company guidelines

  • Adhere to all service standards and respond with urgency to all internal and external customer requests

  • In partnership with the underwriter, provide complete and detailed documentation of the underwriting file for all discussions and decisions

  • Handle complex accounts and lead as a technical subject matter expert

  • Work with IT to represent the needs of the user group including user acceptance testing

  • May be responsible for onboarding/training/mentoring of new or less experienced UAs

  • Willingness to lead, take charge and offer opinions and direction

Desired Skills and Abilities:

  • Strong organizational skills with the ability to effectively handle multiple assignments, prioritize work and meet deadlines in a dynamic and results oriented environment

  • Ability to work independently and as a member of a team

  • Highly motivated proactive approach to job responsibilities, anticipates renewal cycles, plans for the known

  • Knowledge and working understanding of business and financial concepts

  • Ability to work in a detail oriented environment where accuracy is critically important

  • Strong customer service focus with the ability to effectively multi-task with limited direction

  • Proficient in Microsoft Excel, Word, Outlook, and PowerPoint

Experience and Education:

  • Five plus years’ underwriting assistance experience

  • High School Diploma or GED Equivalent; College preferred

#LI-JD1

#LI-Hybrid

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$70,000 - $95,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes 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 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. Click here to learn more on available benefits.

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.

14400 Arch Insurance Group Inc.

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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