Senior Underwriter

Arch Insurance Group Inc.; Illinois; On-site; USD 86,300 - 134,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401k with matching

Paid Time Off and holidays

Paid Parental Leave

Job summary

Arch Insurance Group Inc. is seeking an Underwriter to manage a profitable portfolio of inland marine business. The role requires developing strong broker relationships, establishing coverage terms, and ensuring timely issuance of policies.

Ideal candidates will have 5+ years of underwriting experience, strong analytical skills, and a Bachelor’s degree or equivalent. Comprehensive benefits are provided including medical coverage and a 401k with matching.

Qualifications

• 5+ years of inland marine underwriting experience.
• Strong knowledge of inland marine forms, terms, and conditions.
• Proven producer and broker management skills with a focus on profitability.

Responsibilities

• Underwrite inland marine risks through detailed analysis of submissions.
• Actively manage broker and client relationships to drive profitable growth.
• Ensure accurate issuance and ongoing management of policies and endorsements.

Skills

Inland marine underwriting experience

Broker management skills

Analytical skills

Communication skills

Interpersonal skills

Education

Bachelor's degree or equivalent experience

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℠.

Job Summary

Responsible for underwriting and managing a profitable portfolio of new and renewal inland marine business, with a focus on sustainable growth and long-term retention. This role involves developing and maintaining strong broker relationships, establishing appropriate coverage terms, conditions, and pricing, and ensuring accurate and timely issuance and servicing of high-quality policies.

Responsibilities

• Underwrite inland marine risks through detailed analysis of submissions, including loss history, financial strength, and inspection reports.
• Structure appropriate coverage terms, conditions, limits, deductibles, and pricing in alignment with risk characteristics, underwriting guidelines, and modeled loss potential.
• Actively manage broker and client relationships to drive profitable growth, retention, and cross-selling opportunities.
• Ensure the accurate issuance and ongoing management of policies and endorsements in compliance with service standards, technical guidelines, and regulatory requirements.
• Monitor portfolio performance by tracking exposure limits, premium income, and overall financial results, while maintaining awareness of claims activity and providing underwriting input on claim resolution.
• Support business planning, forecasting, and underwriting governance initiatives.
• Contribute to underwriting governance through peer review, referral support, and the technical training and development of less experienced underwriters.

Qualifications

• 5+ years of inland marine underwriting experience
• Strong knowledge of inland marine forms, terms, and conditions
• Proven producer and broker management skills with a focus on profitability
• Excellent analytical, communication, and interpersonal skills
• Bachelor’s degree preferred (or equivalent experience)
• Self-motivated, results-driven, and able to manage competing priorities effectively

Compensation and Benefits

For NYC/LA: $95,900 - $148,900/year

For Chicago: $86,300 - $134,000/year

• Total compensation (base salary, short and long-term incentives) offered will take into account factors including geographic location, scope and responsibilities, qualifications, talent availability and business needs. The pay ranges may be modified in the future.
• Arch is committed to helping employees succeed through a comprehensive benefits package that includes medical, dental, vision, prescription drug coverage; a 401k with matching; PTO and holidays; Paid Parental Leave; and other benefits. Details available upon request.