Associate Underwriter, Mid-West

Arch Capital Group; Chicago (IL); Ibrido; USD 70.000 - 75.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical plans

Dental and vision

401k with matching

Paid time off 20 days

Paid holidays

Volunteer time off

Life and AD&D insurance

Parental leave

Student loan assistance

Tuition reimbursement

Backup child and elder care

Descrizione del lavoro

Arch Capital Group in Chicago is launching an Associate Underwriter through our Early Careers Program, designed for ambitious graduates to begin a high-performing underwriting career with on-the-job training and professional certifications. The one-year program combines classroom and practical experience in a global insurer.

The role is hybrid (3 days on-site, 2 days remote) with a base salary range of 70,000–75,000 USD, plus incentive eligibility, reflecting location and responsibilities.

Competenze

• Bachelor’s degree required with minimum 3.0 GPA or higher.
• Excellent oral and written communication skills.
• Analytical mindset with ability to think through issues.
• Proactive, organized, and able to manage multiple demands.

Mansioni

• Market Arch products and services to wholesale and retail brokers.
• Underwrite and price products, including financial analysis.
• Perform exposure analysis.
• Review and rate policy contracts.
• Conduct claims review.
• Bind new and renewal accounts per underwriting philosophy.
• Service brokers and customers.

Conoscenze

Strong communication skills

Analytical thinking

Organizational skills

Leadership potential

Team player

Formazione

Bachelor’s Degree in Insurance & Risk Management, Business, Liberal Arts, Communications, Psychology, Finance, or relevant degree

Strumenti

Word

Excel

Outlook

Descrizione del lavoro

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.

Position Summary

This position is intended for a candidate seeking growth opportunity in a dynamic organization. The Associate Underwriter will join a specific business unit, as assigned, and will receive ongoing on-the-job training in their line of business. The Associate also will be part of the company’s Early Career Program. The Early Career Program Underwriting Track is a one-year training program geared toward ambitious college graduates looking to launch a high-performing career in underwriting with a world-wide insurance leader. During the one-year program, associates receive specialized training that can position them for career advancement and valuable industry certifications.

Responsibilities

• Marketing Arch products and services to wholesale and retail brokers
• Underwriting and pricing products, including: Financial analysis
• Exposure analysis
• Policy contract review and rating
• Claims review
• Binding new and renewal accounts according to our underwriting philosophy and strategy
• Servicing our brokers and customers
• Education &

Education & Required Skills

Recently completed a Bachelor’ Degree in Insurance & Risk Management, Business, Liberal Arts, Communications, Psychology, Finance, or relevant degree. Minimum 3.0 GPA or higher. Highly proficient with Microsoft Office tools including Word, Excel, and Outlook. Exemplary oral and written communication skills. Analytical, with keen ability to think through issues. Proactive; able to organize and prioritize to meet multiple demands and commitments. Strong work ethic; team player; exhibits leadership potential.

Location & Work Arrangement

The Early Careers Program (ECP) begins Summer 2027. A new hire for this role would start between January - June 2027. This position is classified as a hybrid position. You will work 3 days onsite and 2 days from home. 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. 70,000-75,000 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.

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.

• 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.

14400 Arch Insurance Group Inc.

Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.