What are the responsibilities and job description for the Vice President, E&S Property position at Arch Insurance Group Inc.?
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Position Summary:
Underwrite property risks working with wholesale brokers located in the Northeast Region.
Responsibilities and Accountabilities:
$174,800 - $236,040/year
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
14400 Arch Insurance Group Inc.
Position Summary:
Underwrite property risks working with wholesale brokers located in the Northeast Region.
Responsibilities and Accountabilities:
- Under the guidance of Regional Property Management and within the company guidelines, develop a profitable book of business in the E&S Property specialty.
- Develop and maintain relationships with approved wholesale brokers, including but not limited to travels within the region, prepare and deliver presentations, training on our new products.
- Underwrite, maintain, and grow a profitable book of business in the non-admitted property market with wholesale brokers. This includes evaluate and prioritize submissions; analyze exposure, coverage requests;
- Determine acceptable deployment of gross and net capacity;
- Determine pricing and negotiate the final property insurance product on an account basis;
- Monitor individual portfolio metrics;
- Understand the key elements of risk selection and risk assessment, develop and negotiate a risk mitigation plan based on survey reports and place fac reinsurance when necessary.
- Well-developed active listening, problem solving and interpersonal skills for developing and strengthening broker relationships.
- Strong communications skills, business writing and oral presentation skills must be excellent.
- Proficient business acumen to understand performance metrics, develop and implement profitable growth strategy within dedicated territory
- Leadership experience in supervising and mentoring staff
- Solid organizational, analytical and decision making skills
- Ability to work independently and as part of a team
- Sound technology capabilities in Microsoft products such as Excel, Word, and PowerPoint and ability to use and manipulate data.
- Knowledge of CAT Modeling parameters (PML, AAL, data quality) to assess an account and a portfolio exposure and calculate a CAT rate.
- Bachelor's degree (ideally with a degree/major in Economics, Business, Risk-management or Engineering)
- Additional industry-specific study or designations (such as CPCU & ARM) are a plus.
- 10 years of property experience handling large and middle market property accounts.
$174,800 - $236,040/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.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
14400 Arch Insurance Group Inc.
Salary : $174,800 - $236,040