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Position Summary
The Programs Underwriter manages a portfolio of Commercial Property, Casualty business including broker relationships in order to grow the book while maintaining underwriting discipline and profitability. This position involves making sound underwriting decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls.
Job Responsibilities
- Manage all underwriting aspects of assigned Programs including guidelines, catastrophe capacity utilization, loss results, audits, referrals and others as necessary
- Solicits and review new and renewal account information required to evaluate a risk
- Identifies all potential exposures and hazards in relation to coverage requested and individual risk characteristics
- Underwrites, prices and prepares proposals based on objective and subject risk characteristics and input from various internal departments
- Negotiates and places facultative reinsurance when applicable
- Collaborates with other Arch units where appropriate to deliver a holistic customer insurance solution
- Together with internal team members, takes responsibility to deliver promised service to brokers
- Responsible for renewal and retention management and manages the renewal process to achieve targeted retention and profitability
- Develops, expands, and enhances broker and client relationships within the region, through high external visibility and frequent broker engagement
Required Skills/Experience
- Ability to analyze loss data, trends, hit ratios, renewal retention activity and relevant data to identify underwriting guideline or referral changes that support growth and project objectives
- Ability to underwrite new and renewal business by reviewing and analyzing insured's operations, loss history, and other pertinent information
- Strong problem solving, analytical, and decision making skills
- Excellent customer service, negotiation and presentation skills
- Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
- Strong organizational skills and ability to work independently and in a team environment
- Strong marketing and broker management skills
- 5+ years of commercial underwriting experience
- Actively pursuing CIP/FCIP designation
Education
- University degree or equivalent education/experience preferred
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.
$110,000 - $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.
15200 Arch Insurance Canada Ltd.
