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Arch Insurance Group Inc. logo
Arch Insurance Group Inc.

Pursuing Better Together

AVP, Middle Market Solutions, Property

Executive AssistantExecutive AssistantFull TimeRemoteMid LevelTeam 501-1,000Since 2001H1B No SponsorCompany SiteLinkedIn

Location

California + 2 moreAll locations: California | Oregon | Canada

Posted

74 days ago

Salary

$148.6K - $201.1K / year

Seniority

Mid Level

Bachelor Degree

Job Description

AVP, Middle Market Solutions, Property

Arch Insurance Group Inc.

Role Description We are seeking a seasoned insurance professional to lead underwriting strategy and execution for a designated Line of Business (LoB). This role involves: - Underwriting new and renewal accounts to meet financial targets. - Managing complex referrals. - Collaborating with cross-functional teams including Market Management, Claims, and other product lines. The ideal candidate will have deep expertise in regional insurance markets, strong broker relationships, and a proven track record of underwriting profitable business. Responsibilities and Accountabilities - Participate in the development and execution of regional Underwriting strategy for LoB(s). - Work closely with Market Management, Claims, and other product lines to achieve key marketing strategies, including cross-selling. - Underwrite new and renewal accounts to meet top and bottom line targets. - Negotiate price and terms and conditions with producers. - Proactively manage capacity. - Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LOBs). - Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility). - Ensure contract certainty is achieved on all accounts at time of inception and utilization of global pricing tools. - Ensure placing and binding of FAC Reinsurance prior to policy inception. - Underwrite in line with LOB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles. - Proactively support completion of policy administration and credit control processes. - Contribute to development and execution of regional Underwriting strategy for LoB regionally. - Training, developing, and coaching of less experienced staff (including Underwriters). - Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary). - Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate. - Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers). Qualifications - 4-12 years experience in proven track record in Underwriting profitable business in LoB. - Good understanding of LoB products and portfolio. - 4-12 years experience in demonstrating established relationships with brokers at peer group level and established within market. - 4-12 years experience in understanding of regional/local LoB insurance markets and competitor landscape. Requirements - College degree preferably in Economics, Finance, Insurance Management, or Business Administration. - Completion of professional insurance qualification (e.g. CII). Benefits - 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 Off. - 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.

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