Underwriting Specialist, Property

Arch Insurance Group Inc.; Maryland; Hybrid; USD 133,000 - 181,000; Full time

Job summary

A leading insurance company seeks an Underwriting Specialist with expertise in Monoline Property. This role involves underwriting, servicing, and growing a property book focused on various sectors. The ideal candidate will have strong negotiation skills and a proven track record in underwriting, along with a Bachelor's degree. Join a collaborative team and contribute to profitable growth while developing key relationships in the market.

Qualifications

• 5+ years of Underwriting experience in Middle Market Monoline Property.
• Understanding of Property Insurance coverage, terms, and conditions.

Responsibilities

• Establish relationships with key trading partners and drive submission activity.
• Meet or exceed new business production goals while maintaining profitability.

Skills

Negotiation

Sales Acumen

Presentation Skills

Education

Bachelor's degree

Tools

Microsoft Office Suite

Job description

Join to apply for the Underwriting Specialist, Property role at Arch Insurance Group Inc.

2 days ago Be among the first 25 applicants

Join to apply for the Underwriting Specialist, Property role at Arch Insurance Group Inc.

Arch Insurance Group Inc. provided pay range

This range is provided by Arch Insurance Group Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$133,753.00/yr - $180,959.00/yr

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℠.

Job Summary:

We are looking for a commercial property expert for a Monoline Property underwriting role. This role will include both new business production and renewal management. Our Middle Market Property unit utilizes a proprietary property form and writes ground up, full limit Property structures. As an underwriter, you will be charged with directly underwriting, servicing and growing a book focused on Real Estate, Hospitality, Manufacturing, Healthcare, and Wholesale Distribution business. On our team, the Underwriters are responsible for marketing to their assigned brokers to bring in opportunities and will work closely within the property product team and package underwriters to drive profitable growth.

Responsibilities:

• Establish relationships with key trading partners and drive submission activity across assigned Brokers.
• Be responsible for profit, growth and retention of assigned book.
• Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
• Work collaboratively with internal stakeholders and brokers to retain key assigned renewals and lead coordination of Risk Services & Claims Service plans for key accounts.
• Maintain and develop relationships internally and externally.
• Develop, advance & execute against a prospect pipeline with our trading partners, as well as engaging other business units for cross-selling opportunities.
  
  

Desired Qualifications:

• Bachelor’s degree
• 5+ years of Underwriting experience preferably in the Middle Market Monoline Property segment or a Multiline background
• Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers
• Presentation and public speaking skills
• Strong negotiations skills and sales acumen
• Invest in local broker and insurance marketplace relationships
• Knowledge and understanding of current insurance marketplace conditions
• Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
• Understanding of Property Insurance coverage, terms and conditions
• Proficiency in Microsoft Office Suite
  
  

LI#-AM3

LI#-Hybrid

LI#-Remote

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.

$133,753 -$180,959/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.
  
  

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. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

Referrals increase your chances of interviewing at Arch Insurance Group Inc. by 2x

Sign in to set job alerts for “Property Underwriter” roles.

Kensington, MD $84,099.00-$147,354.00 6 months ago

Baltimore, MD $93,614.36-$156,023.94 17 hours ago

Columbia, MD $93,614.36-$156,023.94 2 weeks ago

Preston, MD $75,000.00-$100,000.00 4 months ago

Baltimore, MD $90,000.00-$240,000.00 2 weeks ago

Maryland, United States $80,000.00-$120,000.00 3 days ago

Maryland, United States $95,000.00-$110,000.00 1 week ago

Executive Underwriter - Construction - Primary Casualty

Commercial Surety Underwriter - Mid Atlantic Region

Hunt Valley, MD $87,280.00-$159,120.00 3 months ago

Premium Audit - Field Auditor - Commercial Insurance

Baltimore, MD $75,000.00-$194,000.00 2 weeks ago

Property and Casualty Underwriting Associate

Hunt Valley, MD $68,200.00-$75,000.00 2 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.