Senior Underwriter, Property Facultative

Arch Re; New York (NY); On-site; USD 200,000 - 271,000; Full time

Benefits offered by this job

Multiple medical plans

401k with generous matching

20 days PTO per year

Paid Parental Leave

Tuition Reimbursement

Job summary

Arch Re is seeking a Senior Underwriter in New York, NY, to lead client relationships and manage underwriting transactions. The ideal candidate should possess 15-20 years of experience in property insurance or reinsurance, alongside strong negotiation skills and a collaborative spirit.

This role offers a competitive compensation ranging from $200,000 to $271,000 annually, complemented by an extensive benefits package including health coverage, 401k matching, and generous paid time off.

Qualifications

• 15-20 years property insurer or reinsurer underwriting experience.
• Bachelor’s degree or equivalent training required.

Responsibilities

• Develop client relationships and submission flow.
• Underwrite and negotiate transactions.

Skills

Property insurer or reinsurer underwriting experience

Teamwork

Customer service focus

Negotiation skills

Strong Property Underwriting Acumen

Excellent communication skills

Computer/Technology skills

Desire for continued learning

Education

Bachelor’s degree in Risk Management, Economics, or Business

Industry-specific study or designations (CPCU, ARe)

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.

The Position

Arch Re Fac’s Senior Underwriters are members of a team spanning the United States, Canada and Europe focused on developing strong, mutually beneficial business relationships with primary insurance company underwriters and brokers. This position will require some domestic travel, approximately 15%.

Responsibilities

The Senior Underwriters are responsible for developing client relationships and submission flow, as well as underwriting and negotiating the transactions.

Required Skills

• 15-20 years property insurer or reinsurer underwriting experience

Desired Skills

• Proven ability to work as part of a team
• Demonstrated customer-service focus coupled with strong negotiation skills
• Strong Property Underwriting Acumen including an understanding of coverage, risk hazards and policy forms
• Excellent written and verbal communication skills
• Sound Computer/Technology skills
• Desire for continued learning

Education

• Bachelor’s degree (ideally with a degree/major in Risk Management, Economics, or Business) or equivalent training required
• Additional industry-specific study and designations (such as CPCU, ARe) a plus

Compensation & Benefits

$200,000 - $271,000/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.
• 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.