Arch

  • Underwriting Manager

    Job Locations US-NY-New York
    Job ID
    2018-2175
    # of Openings
    1
    Category
    Healthcare
  • Overview

    The Company

     

    Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, Australia and South Africa, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.

     

    Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.

     

    Responsibilities

    The Position

    The Underwriting Manager of Arch Healthcare is responsible for the individual underwriting and servicing of Healthcare accounts within a defined territory. This position reports to the Regional Vice President - Healthcare.

     

    Job Responsibilities

     

    • Underwrites new and renewal business to achieve desired financial results within a designated underwriting territory
    • Stays up to date on relevant medical malpractice marketplace and legal changes.
    • Identifies potential exposures in relation to coverage being requested and individual risk characteristics
    • Adheres to current underwriting policy, practices, standards and procedures when negotiating on behalf of the Healthcare business unit
    • Prepares for and attends individual risk underwriting meetings with clients, prospects, and brokers
    • Travels as needed within a defined territory to develop and maintain beneficial broker relationships and to develop new business opportunities
    • Provides forecasts as needed for new and renewal business, along with regular reconciliations to such forecasts
    • Supports the training and development of underwriting colleagues
    • Represents Arch and Arch Healthcare professionally whether internally or externally at broker/agent offices and at industry event

    Qualifications

    Desired Skills

    • Excellent oral and written communication skills with both internal and external constituents
    • Strong computer skills needed with proficiency in PowerPoint, Excel, Outlook and Word
    • Advance knowledge of Healthcare line of business and medical malpractice liability insurance principles with understanding of liability insurance contract.
    • Ability to effectively assess risk and make sound Underwriting decisions
    • Strong broker relationships
    • Superior skills in relationship building, active listening, needs analysis, and negotiation skills
    • Possess strong organizational skills to prioritize multi-tasking and time management

    Required Education/Experience 

    • The preferred candidate will possess a 4-year BA/BS degree, ideally with a major/concentration in Business, Economics or Management
    • The preferred candidate will have 5-10 years of underwriting experience handling primary medical malpractice and umbrella liability coverages for various types of healthcare facilities (hospitals, surgery centers, clinics, labs, home health care, etc.)
    • Consideration will also be given to candidates with comparable underwriting experience handling casualty and non-medical professional liability coverages
    • Strong relationships with medical malpractice brokers would be beneficial
    • CPCU, RPLU or other insurance course work recommended

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