Senior Underwriter, Middle Market Solutions

Arch Insurance Group Inc.; Dallas (TX); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Medical plans

Dental & Vision

401k with matching

PTO 20 days

Holidays + Volunteer Time Off

Life & AD&D Insurance

Short/Long-Term Disability

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Backup Child & Elder Care

Job summary

Arch Insurance Group Inc. is seeking a Senior Underwriter to develop and maintain broker relationships as a Middle Market P&C technical expert.

This hybrid role is based in Dallas, TX or Alpharetta, GA with at least 20% travel for broker/production needs. The role requires underwriting experience across Commercial Property & Casualty lines, strong risk assessment and negotiation skills, and the ability to lead complex referrals within the underwriting process.

Qualifications

• 2+ years of Commercial Property & Casualty underwriting experience (Middle Market preferred).
• Undergraduate degree required; Economics, Finance, Insurance Management, or Business Administration preferred.
• Established relationships with brokers at peer group level within the market.
• Specialized understanding of regional/local insurance markets and competitor landscape.

Responsibilities

• Manage broker portfolio to achieve profitability and growth.
• Underwrite new and renewal accounts to meet targets.
• Negotiate price and terms with producers.
• Be specialist/technical expert in product line within Middle Market.
• Ensure placement of FAC Reinsurance prior to policy inception.
• Develop broker relationships for new business and renewals.

Skills

Risk assessment

Pricing

Contract drafting

Policy management

Communication

Influencing

Analytical skills

Education

Undergraduate degree

Economics/Finance/Insurance

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.

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.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

14400 Arch Insurance Group Inc.