Underwriter, Property Facultative

Arch Re; New York (NY); On-site; USD 150,000 - 205,000; Full time

Benefits offered by this job

Comprehensive benefits package

401(k) with generous matching

20 days PTO per year

Paid Parental Leave up to 10 weeks

Tuition Reimbursement

Job summary

Arch Re in New York is seeking an experienced Underwriter responsible for developing client relationships and managing submission flows. The role demands 3-5+ years of property insurer or reinsurer underwriting experience along with strong negotiation capabilities.

The compensation ranges from $150,000 to $205,000 annually, complemented by comprehensive benefits including medical coverage, a 401(k), PTO, and more.

Qualifications

• 3-5+ years property insurer or reinsurer underwriting experience.
• Bachelor’s degree or equivalent training required.

Responsibilities

• Developing client relationships and submission flow.
• Underwriting and negotiating transactions.

Skills

Property underwriting experience

Teamwork

Customer service focus

Negotiation skills

Property Underwriting Acumen

Written communication skills

Verbal communication skills

Computer/Technology skills

Desire for continued learning

Education

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

Industry-specific designations (CPCU, ARe)

Job description

Position

Arch Re Fac’s 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

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

Required Skills

• 3-5+ 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

Base salary range: $150,000 - $205,000 per year. Total individual compensation (base salary, short & long-term incentives) will take into account factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The pay range may be modified in the future.

Benefits

Arch offers a comprehensive benefits package, including multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401(k) 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 Off; 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.