This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job description
Company Overview
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
We are seeking a seasoned insurance professional to lead underwriting strategy and execution for a designated Line of Business (LoB). This role involves underwriting new and renewal accounts to meet financial targets, managing complex referrals, and collaborating with cross‑functional teams including Market Management, Claims, and other product lines. The ideal candidate will have deep expertise in regional insurance markets, strong broker relationships, and a proven track record of underwriting profitable business.
Responsibilities and Accountabilities
Participate in the development and execution of regional Underwriting strategy for LoB(s) and work closely with Market Management, Claims, and other product lines to achieve key marketing strategies, including cross‑selling
Underwrite new and renewal accounts to meet top and bottom line targets
Negotiate price and terms and conditions with producers
Proactively manage capacity
Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LOBs)
Ensure accurate policy documentation is issued to producers or that producers have issued documentation (where producer responsibility)
Ensure contract certainty is achieved on all accounts at time of inception and utilization of global pricing tools
Ensure placement and binding of FAC Reinsurance prior to policy inception
Underwrite in line with LOB governance framework – e.g., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules, and Principles
Proactively support completion of policy administration and credit control processes
Contribute to development and execution of regional Underwriting strategy for LoB regionally
Training, developing, and coaching of less experienced staff (including Underwriters)
Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
Manage complex referrals from underwriters and spokes and re‑underwrite complex business as appropriate
Develop and maintain strong relationships with key brokers, clients and other relevant stakeholders (e.g., risk managers)
Required Skills and Abilities
4–12 years experience in a proven track record in underwriting profitable business in LoB; good understanding of LoB products and portfolio
4–12 years experience demonstrating established relationships with brokers at peer group level and established within market
4–12 years experience in understanding of regional/local LoB insurance markets and competitor landscape
College degree preferably in Economics, Finance, Insurance Management, or Business Administration
Completion of professional insurance qualification (e.g., CII)
Compensation and Benefits
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided: for San Francisco, CA: $148,614 – $201,066/year. The range is as of the time of posting. Position is incentive eligible.
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 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.
#J-18808-Ljbffr
Worksite address
san francisco, CA, 94199, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.