AVP, Construction Excess Casualty

Arch Insurance Group Inc. • Los Angeles, CA

8d • Hybrid

About The Position

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℠. Summary: The Assistant Vice President of Construction Excess Casualty must be a highly-motivated, career-oriented individual who is technically proficient in underwriting casualty business. Candidate must be able to underwrite large, highly technical risks within the Construction Industry in accordance with Arch Insurance business standards and sound underwriting practices. The AVP of Construction Excess Casualty will manage a book to achieve organization goals via the effective utilization of assigned human and financial resources in the interpretation, implementation, and achievement of these business goals.

Requirements

• Minimum of 5 years of Large Account Construction underwriting experience, including a progression to more senior underwriting roles with dedicated underwriting authority.
• Demonstrated interpersonal and leadership skills as evidenced by extensive successful external experience in dealing with brokers, agents, policyholders and industry groups and internal experience in dealing with peers, support staff, management.
• Strong written and verbal communication skills with ability to understand and interpret various sources of information to make informed decisions.
• Ability to travel up to 25% within assigned region.
• BA or BS undergraduate degree, with exposure to Economics, Mathematics, Business admin or Finance preferred (professional CPCU certification and/or MBA desired).

Nice To Haves

• professional CPCU certification and/or MBA desired

Responsibilities

• Work independently to underwrite umbrella and excess policies for highly complex construction risks
• Strong customer-service focus with the ability to effectively multi-task with limited direction
• Establish and maintain strong relationships with assigned retail brokers to successfully maintain our business which will require travel to producer location.
• Provide input on strategies and actions that can maximize product line underwriting results and competitive advantages while being mindful of the organizational goals of returning desired ROE for the unit’s underwriting results.
• Review large losses to identify any trends or training issues and provide post loss analysis when requested
• Personally participate in marketplace initiatives to expand the overall Arch brand and the specific reputation through interface with regional customers, brokers and other industry professionals.
• Complete special projects as assigned by the head of the business unit.
• Work independently as a member of a team while building a profitable book of business.
• Regularly meet with key brokers and agents, industry groups and insureds to present and represent Arch’s interest in the region.
• Prioritizing work, meeting deadlines in a fast-paced environment
• Ensure that underwriting applications and practices within their book are in accordance with appropriate regulatory requirements.
• Assist finance, claims, legal, marketing, IT, and compliance as needed.
• Excellent communication skills (written and oral) and interpersonal skills
• Demonstrated analytical and problem solving abilities
• Participate in industry conferences as required

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 Offer
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level