Senior Underwriter, Contingency

Arch Insurance Group Inc.; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Arch Europe Insurance Services Ltd seeks an experienced underwriter to assess and price business risks in a Contingency market role. You will work with producers, evaluate risk information, and set terms while maintaining high client satisfaction.

The role emphasizes product development, relationship management, and regulatory awareness within a collaborative environment.

Qualifications

• 5–8 years of relevant underwriting experience.
• Experience maintaining broker/client relationships.
• Knowledge of ISO rating rules and underwriting requirements.

Responsibilities

• Determine desirability of accepting or rejecting risks and price exposures per guidelines.
• Identify and evaluate additional risk information and documentation.
• Coordinate underwriting actions with other departments to meet goals and maintain client satisfaction.
• Engage in product development and marketing activities to optimize distribution and identify new opportunities.
• Maintain liaison with producers to obtain information, evaluate risks and present terms.
• Interface with customers to provide service and address issues.
• Set ceded reinsurance actions per guidelines.

Skills

Product development

Client management

Technical analysis

Regulatory compliance

Negotiation skills

Education

University degree

Professional certification

Tools

ISO policies

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.

Key Responsibilities

• Determines the desirability of accepting or rejecting business risks. Prices exposures in accordance with filed and approved rate levels, discretionary pricing mechanisms, and business unit guidelines.
• Identifies the need, recommends and evaluates additional risk assessment information including inspection, financial reports and statements.
• Coordinates individual risk underwriting actions with other departments to assure the highest level of customer satisfaction while meeting production and business goals.
• Performs product development and marketing activities including identifying producer relationships within assigned market to optimize best solutions for distribution, identifies and suggests new and modified products, identifies producers for business/marketing programs, and analyzes producers and market opportunities.
• Maintains ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyze and interpret coverage, explain underwriting requirements and expectations, and present terms.
• Regularly interfaces with customers to provide service and to keep abreast of customer issues.
• Sets ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.

Skills / Competencies

• Planning and product development
• Client relationship management
• Technical and analytical skills
• Regulatory & compliance awareness
• Problem solving, negotiation & decision making

Qualifications

• University degree and professional certification desired with 5-8 years
• Working knowledge and understanding of ISO rating and rules.

Experience

• Minimum 5-6 years relevant experience in an underwriting position in the Contingency Market.
• 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.

14101 Arch Europe Insurance Services Ltd