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Underwriter/Senior Underwriter, NACT

Arch Capital GroupArch Capital Group·Insurance and Reinsurance

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Posted

80 days

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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℠.

Key Responsibilities:

  • Responsible for underwriting business on behalf of the syndicate within the parameters of the Syndicate Business Forecast (SBF) and the Syndicate Underwriting Guidelines (SUG’s).
  • Assist the BGL in development of long/short term strategy, and SBF for relevant class of business.
  • Assist the 'Head of' in the planning and negotiation of outward reinsurance in accordance with Company corporate standards and SBF.
  • Build and maintain good client and broker relationships to access new and renewal business in accordance with our SBF.  Provide a high quality service to brokers and customers and ensure timely responsiveness to business flow.  
  • Ensure that the monitoring of underwriting activities, risk controls and compliance checks are in accordance with the SUG’s and Class of Business (COB) Guidelines.  
  • Ensure that syndicate management reporting requirements, premium income monitoring, Management Information (MI) and Key Performance Indicators (KPI’s) are complied with.
  • Ensure that underwriting administration processes including risk recording and Performance Management Data (PMD) rate change information is in accordance with SUG’s.
  • Manage and maintain aggregate exposure management/ Realistic Disaster Scenario (RDS’s) within the agreed limits, ensuring that at all times the Exposure Management Team have access to up to date exposure data.
  • Ensure that underwriting staff are effectively managed and trained.
  • Participate in committees as requested.
  • Working in conjunction with Solvency II guidelines and within given parameters.

Minimum Qualifications, Skills and Experience:

  • Enthusiastic, hardworking and driven individual with a focus on providing the best possible service.
  • Can demonstrate ability to work in a busy office environment, prioritise and organise workload in order to meet deadlines.
  • Able to learn and take on new tasks quickly and use own initiative to explore possibilities before raising queries.
  • Demonstrates pride in delivering excellent, quality service and endeavours to exceed expectations.
  • Attention to detail in producing high quality output and bale to maintain this when under pressure.
  • Excellent communication skills with confidence to ask questions to ensure job requirements and underwriting matters are understood.
  • Commitment to identify opportunities to increase efficiency and quality of operational support evidenced through previous achievements.
  • Proactive, showing initiative when completing tasks by pre-empting issues and proposing solutions for them.
  • Confidence in building rapport and trust with a range of internal and external stakeholders.
  • Flexible approach to work

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.

13021 Arch Underwriters Europe Limited - London Branch
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Aplyr's read

Arch Capital Group excels in providing specialized insurance and reinsurance solutions, attracting professionals with expertise in underwriting, claims, and actuarial sciences.

Synthesized from recent postings & public sources

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?

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About Arch Capital Group

Arch Capital Group

Arch Capital Group

View company

Arch Capital Group Ltd. is a Bermuda-based company that provides insurance, reinsurance, and mortgage insurance worldwide.

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