Arch Capital Group Ltd.

Underwriter I

Arch Capital Group Ltd.  •  $50k - $60k/yr  •  Cortland, NY (Onsite)  •  7 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℠.

The Commercial Lines Underwriter I is responsible for managing a book of property/casualty business. This position nurtures agency relationships in order to enhance the customer service experience, while also maintaining underwriting discipline and program profitability.

Essential Functions
• Analyze new and/or renewal business for program eligibility and price business in accordance with program rate and retention targets
• Adhere to Underwriter Authority Agreement
• Adhere to Service Standard Agreement
• Develop and maintain strong interpersonal relationships with internal and external customers through professional and efficient customer service
• Ability to work efficiently and effectively in one core McNeil Program
Additional Responsibilities:
• Gain understanding of ISO rules/rates, underwriting manuals and, underwriting guidelines
• Rating new and renewal business as needed
• Comply with state insurance regulations according to ODEN
• Analyze and approve requested policy changes/endorsements
• Work with Risk Management to assist insureds in improving operations and mitigating risk
• Process cancellations, non-renewals, reinstatements as needed
• Gain understanding of program specific product and coverages
• Provide support for other associates when necessary
• Gain familiarity with market conditions and competitor intelligence
• Gain familiarity of underwriting reports to ensure program profitability. This includes, but is not limited to, contract expiration reports, referral reports, loss experience reports, pricing reports and retention reports.
• Foster a team environment with among team members
• Assist with special projects as assigned

Knowledge, Skills, and Abilities
• Bachelor’s degree or equivalent education/experience preferred
• AINS or CISR designation a plus
• One to three years of underwriting or customer service experience with an insurance company preferred
• Excellent verbal and written communication skills
• Strong negotiation and interpersonal skills
• Strong analytical skills with attention to detail
• Solid time management and organizational skills
• Ability to prioritize and work independently

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.

$50,000 - $60,000/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.

20200 McNeil & Company, 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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