About the role
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
Overview:
Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management.
Responsibilities:
Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.
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 regional leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region
Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation
Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;
Key Competencies:
Proficient in financial statement, credit and risk analysis
Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character
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.
Education:
College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience.
Experience:
Minimum of six years surety underwriting experience and/or equivalent surety related experience required.
#LI- Remote
#LI- Hybrid
#LI-JD1
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
For SF/LA/Seattle: $150,000 - $175,000/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
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.Aplyr's read
Arch Capital Group excels in providing specialized insurance and reinsurance solutions, attracting professionals with expertise in underwriting, claims, and actuarial sciences.
What's promising
- •Strong global presence enhances career growth opportunities in diverse markets.
- •Focus on specialized insurance products attracts niche industry experts.
- •Recent roles indicate investment in data-driven decision-making and innovation.
What to watch
- •Highly specialized roles may limit opportunities for generalists.
- •Operating in a competitive market with pressure on margins.
- •Bermuda-based location might pose relocation challenges for some candidates.
Why Arch Capital Group
- •Offers a blend of traditional and innovative insurance solutions.
- •Emphasis on cyber liability and professional liability reflects market trends.
- •Significant investment in data governance and reserving innovation.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Arch Capital Group
Arch Capital Group Ltd. is a Bermuda-based company that provides insurance, reinsurance, and mortgage insurance worldwide.
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