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Position Summary:
Provide management direction and leadership for the underwriting of the Commercial Property, using the distribution channel of E&S Wholesale brokers based in the Central and Midwest Region. This will be a hybrid role based in either Chicago, IL, or Addison, TX.
Responsibilities and Accountabilities:
In accordance with business standards, guidelines and E&S Property goals, lead the team to achieve organization growth, while maintaining the targeted profitability and the allocated cat risk aggregates.
Establish and maintain sound business practices. Provides ongoing assistance to management in the interpretation, implementation, and achievement of those business goals.
Maintain the desired level of technical and commercial expertise of the underwriting team to achieve the profitability goals, as well as satisfactory customer experience. Ensure all underwriters follow guidelines and regulatory requirements.
Assess the training needs of the team and work in partnership with the Training manager and the SVP E&S property in designing and delivering the training.
Escalate new products and services development that are identified as profitable opportunity for E&S property in the South Central region. Develop regional distribution plans with Distribution and the regional management team.
Participate in marketplace initiatives through interface with key customers and brokers to promote Arch Insurance property expertise.
Regularly meet with Wholesale brokers, industry groups, and insured’s to present and represent the business unit’s interests and innovation.
Required Skills and Abilities:
Excellent knowledge and understanding of tools and systems pertinent to commercial property portfolio management.
Ability to demonstrate interpersonal and leadership skills as evidenced by experience in dealing with brokers, industry groups, and insureds.
Extensive network of relationships with regional commercial property brokers.
Education and 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, ASLI/AU, ARM) are a plus.
Minimum 10 years of property underwriting, including a progression of management roles.
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#LI-Hybrid
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.
For Dallas, TX: $155,200 - $241,000/year
For Chicago, IL: $180,200 - $279,800/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.
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 401k 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 Offer; 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. 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.Skills Required
- Bachelor's degree (Economics, Business, Risk-management, Engineering preferred)
- Minimum 10 years of property underwriting with progressive management experience
- Excellent knowledge of tools and systems for commercial property portfolio management
- Demonstrated interpersonal and leadership skills working with brokers, industry groups, and insureds
- Extensive network of relationships with regional commercial property brokers
- Industry-specific designations (CPCU, ASLI/AU, ARM)
What We Do
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
