Arch Capital Group Ltd.

Underwriter

Arch Capital Group Ltd.  •  Colchester, GB (Onsite)  •  1 month ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

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℠.

and Purpose

To achieve income and profit objectives through the delivery of efficient case underwriting, ensuring that all underwriting decisions align with internal guidelines, appetite and regulatory requirements.

Working closely with brokers and internal stakeholders to achieve divisional strategy, financial plan and personal objectives.

Key Tasks and Responsibilities

  • Manage own cases (renewal and/or new business), writing within appetite, and underwriting authority.

  • Handle referral cases for Underwriters/Apprentices with less experience, whilst adhering to individual authority level.

  • Maintain accurate records and documentation of underwriting decisions.

  • Adopt and adhere to company and NUH prescribed processes and best practice / standard work.

  • Support the Company’s QA procedures by conducting case reviews, when required, to ensure that technical procedures and standards are followed.

  • Work towards divisional retention, conversion, rate and loss ratio targets.

  • Enhance Arch’s standing and presence nationally by establishing and maintaining strong personal relationships with broking partners.

  • Display strong negotiation skills that aide conversion and relationships with all key brokers.

  • Maintain and enhance personal knowledge of relevant technical topics.

  • Work collaboratively with other parts of the organisation, most notably the UKR regional offices.

Role Requirements and Skills

Skills / Competencies

  • At least 2 years' experience in underwriting

  • Being able to negotiate flexibly and appropriately

  • Effective selling skills 

  • Strong organisational skills

  • Risk Perception

  • Pricing of risk accordingly

  • Successfully developing effective trading relationships

  • Consistently achieving goals and objectives

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

  • Operational effectiveness and efficiency

  • Clear and effective communication

Qualifications

  • Minimum A level standard preferred

  • Professional Certification – progress towards Cert CII preferred

Experience

The job holder will ideally have experience in the Commercial Insurance industry, strong interpersonal skills and work in a structured, organised and planned manner.

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
Social Media