Associate Underwriter, Mid-West

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

Benefits offered by this job

Hybrid work arrangement

Comprehensive benefits package

401(k) with generous matching

Paid time off 20 days

Paid holidays

Parental leave

Student loan assistance

Tuition reimbursement

Backup child and elder care

Job summary

Arch Insurance Group Inc. in Chicago seeks an Associate Underwriter for the Early Career Program, a one-year training track designed for ambitious graduates pursuing a career in underwriting.

The role involves marketing to brokers, underwriting and pricing, with training on financial and exposure analysis, policy review and claims; you'll support binding and servicing. The program begins in early 2027 (start between January–June 2027) with a hybrid schedule (3 days onsite, 2 from home) and

Qualifications

• Recently completed a Bachelor’s 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.

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.

Skills

Analytical thinking

Communication skills

Proactive

Team player

Leadership potential

Education

Bachelor’s degree

Tools

Microsoft Office

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

As the Associate develops skill and gains experience, on-the-job responsibilities will include but are not limited to:

• 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.

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. 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.

14400 Arch Insurance Group Inc.