layiq

/la·yiq/adjective

worthy; deserving; fitting; suitable.

A role, opportunity, or path that merits attention, time, and pursuit.

Underwriting Specialist, Middle Market Excess at Arch Capital Group | LAYIQ

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
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.

Underwriting Specialist, Middle Market Excess

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