Arch Insurance Group Inc. · 1 week ago
Senior Underwriter, Middle Market Excess
Arch Insurance Group Inc. is a company rooted in collaboration, expertise, and innovation, aiming to inspire progress for clients and communities. The Senior Underwriter role focuses on driving growth and profitability through strategic account ownership and underwriting excellence, while also serving as a technical lead and training resource for underwriters.
FinanceFinancial ServicesInsurance
Responsibilities
Responsible for growth and profitability of the Brokers within the Territory
Ownership of accounts including negotiation of participation, pricing and terms and conditions
Training and development resource for Underwriters & Senior Underwriters
Develop and maintain strong relationships with brokers and clients
Specialized technical expertise / lead for Unsupported Umbrella & Excess Liability
Manage assigned broker portfolio of accounts to achieve efficient returns of profitability and growth
Underwrite new and renewal accounts to meet top and bottom-line targets
Negotiate price and terms and conditions with producers
Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, Global MSU, Underwriting Guidelines, Rules and Principles
Ensure utilization of global pricing tools
Ensure accurate policy documentation issued to producers or producers have issued documentation (where producer responsibility)
File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
Proactively develop relationships with brokers and agents assigned within the territory to either pursue new business acquisition and / or strong renewal retention
Manage complex referrals from underwriters and re-underwrite complex business as appropriate
Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations
Participate in cross regional activities as required / requested including and not limited to cross collaboration with Middle Market Package, Excess Construction, Excess National Accounts
Qualification
Required
3+ years of experience in Underwriting profitable business in Umbrella & Excess
Specialized expert understanding of Liability products and portfolio
Recognized relationships with brokers at peer group level and well established within marketplace
Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements
Good understanding of legal and regulatory framework
Experience working in complex, global matrix organization
Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to Umbrella & Excess Liability
Pricing and Market Management: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings
Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation
Communication skills: Clearly and effectively express ideas and messages via speech or writing with both internal and external stakeholders. Ability to 'sell' an improvised or prepared audience winning story. Possesses strong negotiation skills
Influencing skills: Ability to persuade and motivate others to act, without executive authority
Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions
Project Managing multiple accounts, opportunities and processes to meet deadlines, ensure responsiveness, and maintain positioning in market
Preferred
Preferably degree in Economics, Finance, Insurance Mgmt, or Business Administration
Completion of professional insurance qualification preferred
Benefits
Multiple medical plans plus dental, vision and prescription drug coverage
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
Short and Long-Term Disability
Paid Parental Leave of up to 10 weeks
Student Loan Assistance
Tuition Reimbursement
Backup Child and Elder Care
Company
Arch Insurance Group Inc.
Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.
H1B Sponsorship
Arch Insurance Group Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (18)
2024 (18)
2023 (10)
2022 (10)
2021 (8)
2020 (3)
Funding
Current Stage
Late StageLeadership Team
Recent News
MarketScreener
2025-07-16
Company data provided by crunchbase