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℠.
Underwriting position within the PI team
Requires an experienced underwriter in the PI class
Role will be support the Line of Business Head in the marketing, underwriting and servicing of business
Key Responsibilities
Assessment of suitability ofrisks (renewals and new business), pricing exposures in accordance with approved rating model, discretionary pricing mechanisms, and general business unit guidelines.
Identify the need for and evaluate additional risk assessment information including Underwriter Representatives’ reports, actuarial and financial reports and statements; and any / all other publicly available information.
Source input from, and work in conjunction with stakeholders in other departments including claims, actuarial, and operations.
Maintain ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyse and interpret coverage, explain underwriting requirements and expectations, and present terms.
Oversee risks through the life-cycle of a policy: pre-renewal, renewal, ongoing management. Provide best in class service to internal and external stakeholders.
Perform marketing activities including maintenance of key producer and client relationships. Regularly meet with clients formally and informally. Keep up to date pertinent market developments.
Implement ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.
Support LOB Head in development and implementation of business planning, data analysis, management and Lloyd’s reporting.
Skills / Competencies
Technical and analytical skills
Client & broker relationship management
Regulatory & compliance awareness
Problem solving, negotiation & decision making
Strong interpersonal and leadership skills demonstrating an ability to teach, influence and motivate others
Strong written and verbal communication skills
Qualifications
University degree and professional certification desired with suitable underwriting experience
Knowledge and understanding of rating, coverage and regulations that cover the class of business.
Experience
Experience in a PI underwriting position
Demonstrated competence in maintaining broker/client relationships.
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 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.
