Senior Underwriter, Property Facultative

McNeil & Co.; New York (NY); On-site; USD 200,000 - 271,000; Full time

Benefits offered by this job

Medical plans

Dental coverage

401k matching

Paid time off

Parental leave

Job summary

Arch Reinsurance Company, part of Arch Capital Group, is seeking a Senior Underwriter to lead client relationships and drive submission flow across the US, Canada and Europe. The role involves underwriting, negotiating complex transactions, and occasional domestic travel (~15%).

The ideal candidate has 15–20 years of property underwriting experience, strong communication and negotiation skills, and a solid understanding of coverage and risk.

Qualifications

• 15-20 years property insurer or reinsurer underwriting experience.
• Strong written and verbal communication skills.
• Sound computer/technology skills.

Responsibilities

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

Skills

Property underwriting exp

Team collaboration

Negotiation skills

Communication skills

Tech skills

Education

Bachelor's degree in RM/Econ/Bus

Designations (CPCU, ARe) a plus

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

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

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. $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.

Benefits and Perks

• 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

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

13100 Arch Reinsurance Company 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.