[Hiring] AVP, Middle Market Solutions, Property @Arch Insurance Group Inc.

Role Description

We are seeking a seasoned insurance professional to lead underwriting strategy and execution for a designated Line of Business (LoB). This role involves:

• Underwriting new and renewal accounts to meet financial targets.
• Managing complex referrals.
• Collaborating with cross-functional teams including Market Management, Claims, and other product lines.

The ideal candidate will have deep expertise in regional insurance markets, strong broker relationships, and a proven track record of underwriting profitable business.

Responsibilities and Accountabilities

• Participate in the development and execution of regional Underwriting strategy for LoB(s).
• Work closely with Market Management, Claims, and other product lines to achieve key marketing strategies, including cross-selling.
• Underwrite new and renewal accounts to meet top and bottom line targets.
• Negotiate price and terms and conditions with producers.
• Proactively manage capacity.
• Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LOBs).
• Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility).
• Ensure contract certainty is achieved on all accounts at time of inception and utilization of global pricing tools.
• Ensure placing and binding of FAC Reinsurance prior to policy inception.
• Underwrite in line with LOB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles.
• Proactively support completion of policy administration and credit control processes.
• Contribute to development and execution of regional Underwriting strategy for LoB regionally.
• Training, developing, and coaching of less experienced staff (including Underwriters).
• Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary).
• Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate.
• Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers).

Qualifications

• 4-12 years experience in proven track record in Underwriting profitable business in LoB.
• Good understanding of LoB products and portfolio.
• 4-12 years experience in demonstrating established relationships with brokers at peer group level and established within market.
• 4-12 years experience in understanding of regional/local LoB insurance markets and competitor landscape.

Requirements

• College degree preferably in Economics, Finance, Insurance Management, or Business Administration.
• Completion of professional insurance qualification (e.g. CII).

Benefits

• 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 Off.
• 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.