Arch

Senior Underwriter, Surety

Entity Arch Insurance Group Inc (U.S.)
Job Locations US-PA-Philadelphia
Job ID
2020-3292
Business Segment
Insurance
# of Openings
1
Category
Surety

The Position

Under direction, provide underwriting and marketing duties by providing high levels of financial analysis, risk assessment and technical underwriting expertise to determine credit quality and underwriting acceptability.

Job Responsibilities

  • Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
  • Develop and maintain strong working relationships with assigned producers and cultivate new relationships
  • Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory
  • Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed
  • Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;
  • Performs additional projects as requested by Manager

Desired Skills/Experience

Key Competencies:

  • Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract accounts
  • Strong communication and organizational skills
  • Ability to multi-task and prioritize workload to meet agreed upon expectations
  • Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures.

Preferred Technical Skills:

  • Strong computer skills including proficiency in Microsoft Office software products.

Experience:

  • Minimum of three years surety underwriting experience and/or equivalent surety related experience required.
  • AFSB designation preferred. 

 

Education

  • Bachelors or higher degree in Finance, Economics, Accounting Business or equivalent preferredwork experience in a related field.

The Company

Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Arch offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.

 

A subsidiary of Arch Capital Group Ltd., Arch Insurance employs disciplined underwriting and prudent risk selection across all types of business. We have offices in the United States, Canada, Bermuda, UK, and Australia.

 

Arch Insurance Group is a market-leading specialty insurer providing property, casualty and a wide range of specialty insurance for corporations, professional firms and financial institutions around the globe. From product development to policy servicing to claims payment, we are dedicated providing our customers with superb coverage and service.

 

Arch offers competitive pay and a comprehensive benefits package including a student loan assistance program, 401k company match and employee stock purchase plan (ESPP).  Additionally, Arch is committed to supporting professional development and a culture that encourages innovation, collaboration and professional growth. 

 

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