Underwriting Specialist, Middle Market Excess

Posted Yesterday
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2 Locations
In-Office or Remote
Mid level
Financial Services
The Role
Underwrite and manage a portfolio of Middle Market Umbrella and Excess Liability accounts, assessing risk, negotiating pricing and policy terms, ensuring accurate documentation, and driving profitable growth. The role requires broker and client relationship management, complex referral handling, policy administration expertise, analytical ability, and collaboration across regional insurance teams.
Summary Generated by Built In

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:

This position requires an experienced professional to underwrite and manage a portfolio of Umbrella and Excess Liability accounts to drive profitability and growth. The role involves assessing risks, negotiating pricing, and ensuring contract certainty while maintaining strong relationships with brokers, clients, and other stakeholders. The selected candidate can sit in Alpharetta, GA, Dallas, or Houston, TX.

Responsibilities and Accountabilities:

  • Responsible for growth and profitability of the Brokers within the Territory

  • Ownership of accounts including negotiation of participation, pricing and terms and conditions

  • Develop and maintain strong relationships with brokers and clients

  • Specialized technical expertise / lead for Unsupported Umbrella & Excess Liability

  • Manage assigned broker portfolio of accounts to achieve efficient returns of profitability and growth

  • Ensure utilization of global pricing tools

  • Ensure accurate policy documentation issued to producers or producers have issued documentation (where producer responsibility)

  • File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled

  • Manage complex referrals from underwriters and re-underwrite complex business as appropriate

  • Participate in cross regional activities as required / requested including and not limited to cross collaboration with Middle Market Package, Excess Construction, Excess National Accounts 

Required Skills and Abilities:

  • Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to Umbrella & Excess Liability.

  • Pricing and Market Management: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs

  • Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings

  • Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.

  • Communication skills: Clearly and effectively express ideas and messages via speech or writing with both internal and external stakeholders. Ability to "sell" an improvised or prepared audience winning story. Possesses strong negotiation skills.

  • Influencing skills: Ability to persuade and motivate others to act, without executive authority

  • Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions.

Education and Experience:

  • 4+ years of experience in Underwriting profitable business in Umbrella & Excess.

  • Specialized expert understanding of Umbrella and Excess Liability

  • Recognized relationships with brokers at peer group level and well established within marketplace

  • Experience working in complex, global matrix organization

  • Preferably degree in Economics, Finance, Insurance Mgmt, or Business Administration

#LI-JG1

#LI-Hybrid

#LI-Remote

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

  • 4+ years of experience underwriting profitable Umbrella and Excess Liability business
  • Specialized expert understanding of Umbrella and Excess Liability
  • Established broker relationships at peer-group level and within the marketplace
  • Experience working in a complex, global matrix organization
  • Degree in Economics, Finance, Insurance Management, or Business Administration
  • Risk assessment and management experience involving Umbrella and Excess Liability exposures and natural hazards
  • Pricing and market management skills
  • Contract drafting and interpretation expertise
  • Understanding of policy administration, issuance, premium booking, credit control, and cancellation
  • Strong written and verbal communication, negotiation, influencing, analytical, and relationship-management skills
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The Company
HQ: Hamilton
285 Employees
Year Founded: 2001

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.

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