The Position
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At Arch, our goal is to provide talented people a foundation where their skills are best used.
Our diversified platform means there are a variety of opportunities to deploy your skill sets.
From our point of view, a range of experience (not strictly in insurance) helps us advance a democracy of ideas that makes us a better, more thoughtful company.
We are recognized as a thought leader in the insurance industry, and we are a growing, dynamic organization that works to provide strategic solutions for our clients.
We embrace the collaboration necessary to innovate in today’s evolving marketplace; encourage participation and diversity of thought; and rely on talented, innovative individuals in all of the areas that are crucial to our success.
Our E&S Casualty Team is seeking a Vice President that is highly motivated, career-oriented, and technically proficient in underwriting casualty business.
Candidate must be able to underwrite large, highly technical risks within a diverse set of industries across a variety of products including Primary, Umbrella and Excess in accordance with Arch Insurance business standards and sound underwriting practices.
This will also include managing a book to achieve organization goals via the effective utilization of assigned human and financial resources in the interpretation, implementation, and achievement of these business goals.
Job Responsibilities
• Work independently to underwrite primary, umbrella and excess policies for highly complex risks
• Strong customer-service focus with the ability to effectively multi-task with limited direction
• Establish and maintain strong relationships with assigned brokers in order to successfully maintain our business which will require travel to producer location
• Provide input on strategies and actions that can maximize product line underwriting results and competitive advantages while being mindful of the organizational goals of returning desired ROE for the unit’s underwriting results
• Review large losses to identify any trends or training issues and provide post loss analysis when requested
• Personally participate in marketplace initiatives to expand the overall Arch brand and the specific reputation through interface with regional customers, brokers and other industry professionals
• Complete special projects as assigned by the RVP
• Work independently as a member of a team while building a profitable book of business
• Regularly meet with key brokers and agents, industry groups and insureds to present and represent Arch’s interest in the region
• Prioritizing work, meeting deadlines in a fast-paced environment
• Ensure that underwriting applications and practices within their book are in accordance with appropriate regulatory requirements.
• Assist finance, claims, legal, marketing, IT, and compliance as needed.
• Participate in industry conferences as required
Required Skills/Experience
• Minimum of 7 years of P&C production underwriting experience, including a progression to more senior underwriting roles with dedicated underwriting authority
• Demonstrated analytical and problem solving abilities
• Demonstrated interpersonal and leadership skills as evidenced by extensive successful external experience in dealing with brokers, agents, policyholders and industry groups and internal experience in dealing with peers, support staff, management
• Strong written and verbal communication skills with ability to understand and interpret various sources of information to make informed decisions
Education
• BA or BS undergraduate degree, with exposure to Economics, Mathematics, Business Administration or Finance preferred
• CPCU certification and/or MBA preferred
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, and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries.
With nearly 20 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.