What are the responsibilities and job description for the Underwriting Specialist, Property position at 14400 Arch Insurance Group Inc.?
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Job Summary
We are looking for a commercial property expert for a Monoline Property underwriting role. This role will include both new business production and renewal management. Our Middle Market Property unit utilizes a proprietary property form and writes ground up, full limit Property structures. As an underwriter, you will be charged with directly underwriting, servicing and growing a book focused on Real Estate, Hospitality, Manufacturing, Healthcare, and Wholesale Distribution business. On our team, the Underwriters are responsible for marketing to their assigned brokers to bring in opportunities and will work closely within the property product team and package underwriters to drive profitable growth.
Responsibilities
- Establish relationships with key trading partners and drive submission activity across assigned Brokers.
- Be responsible for profit, growth and retention of assigned book.
- Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
- Work collaboratively with internal stakeholders and brokers to retain key assigned renewals and lead coordination of Risk Services & Claims Service plans for key accounts.
- Maintain and develop relationships internally and externally.
- Develop, advance & execute against a prospect pipeline with our trading partners, as well as engaging other business units for cross-selling opportunities.
Desired Qualifications
- Bachelor’s degree
- 5 years of Underwriting experience preferably in the Middle Market Monoline Property segment or a Multiline background
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers
- Presentation and public speaking skills
- Strong negotiations skills and sales acumen
- Invest in local broker and insurance marketplace relationships
- Knowledge and understanding of current insurance marketplace conditions
- Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
- Understanding of Property Insurance coverage, terms and conditions
- Proficiency in Microsoft Office Suite
LI#-AM3
LI#-Hybrid
LI#-Remote
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14400 Arch Insurance Group Inc.