Associate Underwriter, Mid-West

Arch Insurance Group Inc.; Chicago (IL); Hybrid; USD 70,000 - 75,000; Full time

Benefits offered by this job

Healthcare plans

401(k) matching

Paid time off (PTO) 20 days

Volunteer Time Off

Job summary

Arch Insurance Group Inc. is seeking an Associate Underwriter for its Early Career Program, offering a one-year underwriting track with on-the-job training and global exposure. The role begins in 2027 within a hybrid work setup, combining three days onsite with two days remote.

You will engage in underwriting, pricing, and risk analysis while developing industry certifications. The program targets ambitious recent graduates, emphasizes professional growth, and prepares participants for higher

Qualifications

• Bachelor's degree completed with ≥3.0 GPA.
• Strong written and verbal communication skills.
• Analytical mindset with ability to think through issues.
• Proactive, organized, and able to manage multiple priorities.
• Strong work ethic and teamwork with leadership potential.

Responsibilities

• Market Arch products/services to wholesale/retail brokers.
• Underwrite and price products with financial exposure analysis.
• Perform policy review and rating; assist in claims review.
• Bind new/renewal accounts per underwriting strategy.
• Maintain broker/customer servicing responsibilities.

Skills

MS Office

Communication skills

Analytical thinking

Proactive / organized

Team player / leadership potential

Education

Bachelor's degree (Insurance & Risk Management, Business, Liberal Arts, Communications, Psychology, Finance)

Tools

Microsoft Office Suite (Word, Excel, Outlook)

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.

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 & 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.

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. 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.

14400 Arch Insurance Group Inc.