Senior Underwriter, NAC

Senior Underwriter of Arch National Accounts Casualty (NAC)

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.

Position Summary :

The Senior Underwriter of Arch National Accounts Casualty (NAC) is responsible for the technical underwriting and account management of loss sensitive casualty programs; this includes working with retail brokers to attract and retain these accounts.

Responsibilities and Accountabilities :

• Solicits and reviews new and renewal account information required to evaluate a risk.
• Identifies all potential exposures and hazards in relation to coverage requested and individual risk characteristics.
• Assesses insurance and related financial risk and structures appropriate loss sensitive program to effectively protect against frequency, severity, catastrophic and credit risk.
• Underwrites, prices and prepares proposals based on objective and subject risk characteristics, input of internal resource team, existing product set and regulatory filings.
• Negotiates and places facultative reinsurance when applicable.
• Prepares final quotation / proposal and presents to producer and or prospective insured.
• Coordinates all administrative duties related to existing and prospective accounts.
• Quarterbacks all post bind activities including policy production, compliance issues, audits and adjustments, legal agreements, receipt of collateral, legal agreement execution, TPA coordination and any other service related items.
• Responsible for renewal and retention management and manages the renewal process to achieve targeted retention and price change goals.
• Initiates, coordinates and conducts a midterm account review.
• Develop, expand, and enhance broker and client relationships within the region, through high visibility and frequent engagement.

Required Skills and Abilities :

Education and Experience :

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.

$99,052 - $134,012 / 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.