Senior Underwriter, Middle Market Solutions

McNeil & Co.; Alpharetta, Northern (GA, KY); Hybrid; USD 90,000 - 150,000; Full time

Benefits offered by this job

Medical plans

401k with generous matching

PTO 20 days

Holidays plus Volunteer Time

Life and AD&D insurance

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Backup Child/Elder Care

Job summary

Arch Insurance Group Inc. seeks a Senior Underwriter to develop and maintain strong broker relationships and serve as a specialized technical expert for Middle Market P&C accounts.

This hybrid role supports our Dallas, TX or Alpharetta, GA locations with at least 20% travel for broker activities. The candidate will manage broker portfolios, underwrite new and renewal accounts, and negotiate terms with producers while ensuring reinsurance placement prior to policy inception.

Qualifications

• Minimum 2+ years of Commercial Property & Casualty underwriting experience.

Responsibilities

• Manage assigned broker portfolio to achieve profitability and growth.
• Underwrite new and renewal accounts to meet top and bottom line targets.
• Negotiate price and terms with producers.
• Specialist/Technical Expert in Product Line within Middle Market Business.
• Ensure placing and binding of FAC Reinsurance prior to policy inception.
• Develop relationships with brokers and agents within the territory for new business or renewals.
• Underwrite complex referrals and re-underwrite complex business as appropriate.
• Coordinate with MMC, ARC, Claims, Operations during underwriting process.

Education

Undergraduate degree

Economics, Finance, Insurance Management, or Business Administration

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

The Senior Underwriter will develop and maintain strong relationships with brokers and serve as a specialized technical expert for Middle Market P & C Accounts. This will be a hybrid position in Dallas, TX or Alpharetta, GA with a minimum of 20% travel for broker/production needs.

Responsibilities and Accountabilities

• Manage assigned broker portfolio of accounts to achieve efficient returns of profitability and growth.
• Underwrite new and renewal accounts to meet top and bottom line targets.
• Negotiate price and terms and conditions with producer.
• Specialist / Technical Expert in Product Line within Middle Market Business.
• Ensure placing and binding of FAC Reinsurance prior to policy inception.
• Proactively develop relationships with brokers and agents assigned within the territory to either pursue new business acquisition and / or large renewal retention.
• Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate.
• Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations.

Required Skills and Abilities

• Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to MM P & C.
• Pricing and Market Mgt: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs.
• Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings.
• Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
• Communication skills: Clearly and effectively express ideas and messages via speech or writing.
• Influencing Skills: Ability to persuade and motivate others to act, without executive authority.
• Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions.

Education and Experience

• A minimum of 2+ years of Commercial Property & Casualty (General Liability, Umbrella, Commercial Auto, Property, Workers Compensation) Underwriting experience.
• Middle Market experience is preferred.
• Undergraduate degree required.
• Economics, Finance, Insurance Management, or Business Administration is preferred.
• Recognized established relationships with brokers at peer group level and within market.
• Specialized understanding of regional / local insurance markets and competitor landscape.

Benefits

• 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

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.