Underwriting SpecialistWith 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?.The Underwriting Specialist is responsible for driving profitable growth through the evaluation and underwriting of new and renewal accounts.
This position involves close collaboration with producers to negotiate pricing, terms, and conditions, while proactively managing capacity and ensuring compliance with governance frameworks and underwriting guidelines. This candidate can sit 100% remote or hybrid in MN. This is a market-facing role so expected to be meeting with brokers in the territory (MN).Responsibilities and Accountabilities:Underwrite new and renewal accounts to meet top and bottom line targetsNegotiate price and terms and conditions with producersEnsure contract certainty is achieved on all accounts at time of inceptionEnsure utilization of global pricing toolsEnsure placing and binding of FAC Reinsurance prior to policy inceptionEnsure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handledProactively support completion of policy administration and credit control processesTraining, developing and coaching of less experienced staff (including Underwriters)Required Skills and Abilities:Specialized expert understanding of Commercial Packaged Property and CasualtyRecognized relationships with brokers at peer group level and well established within marketSpecialized understanding of regional / local insurance markets and competitor landscape, including global elementsEducation and Experience:A minimum of 3+ years of direct experience in Underwriting profitable businessPreferably a degree in Economics, Finance, Insurance Management, or Business AdministrationProfessional insurance qualification (e.g.
CPCU) is a plus, but not requiredFor Minnesota, Wisconsin, Illinois, Indiana: $111,100 - $172,465/yearTotal 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.
Underwriting Specialist, Middle Market Solutions in mn at Unknown Company
This position is listed as contract and able to be worked remotely.