What are the responsibilities and job description for the Executive Underwriter, Contract Surety position at Arch Insurance Group Inc.?
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℠.
The Position
Under direction, provide underwriting and marketing duties by imparting high levels of financial analysis, risk assessment and technical underwriting expertise to determine credit quality and underwriting acceptability.
Job Responsibilities
Key Competencies
14400 Arch Insurance Group Inc.
The Position
Under direction, provide underwriting and marketing duties by imparting high levels of financial analysis, risk assessment and technical underwriting expertise to determine credit quality and underwriting acceptability.
Job Responsibilities
- Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
- Develop and maintain strong working relationships with assigned producers and cultivate new relationships
- Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory
- Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed
- Prepare underwriting submissions, making recommendations and/or decisions within established authority limits
- Assist in internal reporting and preparing/implementing regional business plan and budget
- Perform additional projects as requested by Branch Manager
Key Competencies
- Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract surety accounts
- Strong oral and written communication and organizational skills
- Ability to multi-task and prioritize workload to meet agreed upon expectations
- Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures
- Strong leadership skills
- Strong computer skills including proficiency in Microsoft Office software products
- Five years Surety underwriting experience and/or equivalent surety related experience preferred
- AFSB designation preferred
- Bachelors or higher degree in Finance, Economics, Accounting Business or equivalent preferred work experience in a related field
14400 Arch Insurance Group Inc.
