EVP, Surety

Arch Capital Group; Chicago (IL); Hybrid; USD 330,000 - 380,000; Full time

Benefits offered by this job

Medical, dental, vision plans

401k with generous matching

Paid time off (PTO)

Paid holidays and Volunteer Time Off

Parental Leave

Job summary

Arch Capital Group is seeking an experienced insurance leader to provide strategic direction, management, and leadership for the Surety Underwriting Group. This executive role drives underwriting strategy, profitability, and growth while partnering with internal and external stakeholders.

Travel up to 35% across North America is expected, with location flexibility near Arch Insurance offices. The position requires 15–20+ years in underwriting, strong leadership across diverse teams, and the

Qualifications

• 15–20+ years of insurance underwriting experience across home office and field environments.
• Proven leadership of high-performing cross-functional teams and talent development.
• Ability to align strategy with daily operations and willingness to travel up to 35%.

Responsibilities

• Set strategic direction and execute actions to maximize underwriting results and competitive positioning.
• Lead the group to achieve goals while optimizing resources and partnerships.
• Evaluate underwriting performance, market opportunities, and regulatory compliance.
• Represent the organization to key customers, agents, and brokers; ensure governance.

Skills

Underwriting leadership

Talent development

Strategic thinking

Travel readiness

Education

Bachelor's degree in business or insurance

Tools

Analytics tools

Regulatory knowledge

Job description

Job Summary

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.

Arch Insurance North America is seeking an experienced insurance leader to provide strategic direction, management, and leadership for the Surety Underwriting Group. This role is responsible for developing and executing underwriting strategy, achieving business unit objectives, supporting profitable growth, and partnering effectively with internal and external stakeholders. This position can be performed from any location that is near an Arch Insurance office.

Responsibilities

Set strategic direction and execute actions that maximize product-line underwriting results and strengthen competitive positioning. Partner with internal and external stakeholders to achieve business unit goals and support profitable growth. Lead ongoing management of the group to achieve underwriting and line-of-business goals while optimizing the use of business unit and support resources. Evaluate underwriting performance, renewals, new business opportunities, actuarial trends, ceded reinsurance, market opportunities, and product applications. Represent the organization in the marketplace through engagement with key customers, agents, and brokers. Ensure underwriting products, practices, guidelines, and authority limits comply with applicable regulatory requirements. Promote underwriting discipline, product application, and marketing execution to sustain business results and growth.

Required Qualifications

• 15–20+ years of insurance underwriting experience across home office and field environments, with strong knowledge of surety products.
• Demonstrated experience leading high-performing, cross-functional teams with varied experience levels and skill sets.
• Strong talent development capabilities, including mentoring, coaching, leadership development, and performance management.
• Ability to align strategy with day-to-day operations to achieve key business objectives and drive organizational success.
• Willingness and ability to travel across North America for account and marketing visits.
• Ability to travel up to 35%.

Preferred Qualifications

• Bachelor’s degree in business, insurance, or a related field, or equivalent work experience.
• Successful completion of coursework in finance, management, accounting, and marketing.

Key Competencies

• Strategic thinking, sound judgment, problem solving, and decision making.
• Executive communication, relationship management, negotiation, and marketplace presence.
• Team leadership, collaboration, operational discipline, compliance orientation, and strong industry knowledge.

Technical Knowledge

• Exposure identification and analysis.
• Analytics tools and data-informed underwriting practices.
• Cross-functional understanding of claims, risk control, audit, premium accounting, finance, and legal disciplines.
• Regulatory and compliance requirements impacting surety underwriting.

Compensation and Benefits

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.

$330,000 - $380,000/year

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.

• 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

Location and Application Deadline

For Colorado Applicants - The deadline to submit your application is: November 30, 2026 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.