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℠.
Responsibilities and Accountabilities:
Under the guidance of the Regional Property Management and within the company guidelines, develop a profitable book of property insurance business for US domiciled upper middle market and middle market accounts within the region
Create business plans in collaboration with our Distribution division to achieve targeted production with identified key wholesale brokers. Identify occupancy classes to be targeted with these producers
Develop and maintain relationships with approved wholesale brokers, including but not limited to travels within the region, prepare and deliver presentations, training on our new products
Underwrite, maintain, and grow a profitable book of business in the non-admitted property market with wholesale brokers. This includes evaluate and prioritize submissions; analyze exposure, coverage requests; determine acceptable deployment of gross and net capacity, determine pricing and negotiate the final property insurance product on an account basis. Monitor his/her portfolio metrics
Identify business opportunities to differentiate the company and assist the Regional Property Manager and the Property Operations Management into their development
Required Skills and Abilities:
Well-developed active listening, problem solving mindset and interpersonal skills for developing and strengthening broker relationships
Strong communications skill, business writing and oral presentation skills must be excellent
Well- developed business acumen to understand performance metrics, develop and implement profitable growth strategy within his/her dedicated territory
Strong organizational skills and ability to work independently
Sound technology capabilities in Microsoft products such as Excel, Word, and PowerPoint and ability to use and manipulate dat
Knowledge of CAT Modeling parameters (PML, AAL, data quality) to assess an account and a portfolio exposure and calculate a cat rate
Understanding of the key elements of risk selection and risk assessment, can develop loss estimates, develop and negotiate a risk mitigation plan based on survey reports and place fac reinsurance when necessary
Education/Experience:
Bachelor's degree (ideally with a degree/major in Economics, Business, Risk-management or Engineering).
Additional industry-specific study or designations (such as CPCU & ARM) are a plus
3+ years of property experience handling upper middle market and middle market property accounts. This should include 1-2 years experience at a non-admitted carrier as an underwriter
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.
$96,000 - $130,000/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.
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.
