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: This role involves leading the management and development of the General Liability, Commercial Auto and Umbrella products for mid-sized corporations. The ideal candidate will use their deep knowledge of product management and the middle market insurance marketplace to drive product strategy, ensure regulatory compliance, and support profitability. Key responsibilities include underwriting, product development, and management, as well as relationship management. The role also involves creating training programs, developing underwriting guidelines, and collaborating with various departments to achieve targets with major impact on results.
Key Responsibilities:
Underwriting Support:
Support the field underwriting staff with large/complex risk referrals, providing guidance and coaching with significant impact.
Identify and implement underwriting policy, procedural, and program changes.
Create underwriting guidelines, wordings, and training materials.
Product Development:
Gather information on competitive trends, product line trends, and external environment factors.
Responsible for new and revised products and programs, underwriting standards, and procedures.
Monitor product results and support the development of proposals to maximize profitability.
Product Management:
Responsible for the management of the Casualty book of business.
Assist in reviewing and analyzing overall business issues for products.
Drive protocols to monitor underwriting quality.
Manage qualitative analysis in cooperation with Field Underwriting Teams and other relevant departments.
Relationship Management:
Represent the company positively to the market.
Drive the coordination of functional areas in the underwriting process.
Develop and maintain strong relationships with key producers, clients, and other stakeholders.
Drive ongoing improvement in service level initiatives for large accounts.
Additional Responsibilities:
Ensure compliance with regulatory requirements.
Act as a technical resource for technology projects.
Lead onboarding activities for new hires.
Experience Requirements
Minimum 10-15 years of Property & Casualty Insurance underwriting experience, with deep knowledge of GL, Auto and Umbrella insurance products
Ability to collaborate, influence and lead essential to success.
Strong problem-solving ability, in addition to creative and strategic thinking ability.
Extensive knowledge of insurance business, i.e. product, claims, legislative and regulatory affairs, etc.
Education Requirements:
Bachelor's degree required.
MBA preferred.
Insurance designations preferred (example, CLU, ChFC, FSCP, CPCU, ARM).
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.
$166,900-$225,300
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.
