AVP, Construction

Arch Capital Group • Saint Paul, MN

2d

About The Position

The Assistant Vice President within Arch Construction is responsible for technical underwriting and account management of Middle Market Construction Casualty programs in the central territory. The role evaluates new and renewal risks, prepares and presents casualty quotations, coordinates post-bind activities, manages renewals, and develops agency and insured relationships to meet production and profitability goals. The position works with internal partners, including Risk Engineering and Claims, to assess risks and support account management.

Requirements

• Ten years of Casualty underwriting experience.
• Bachelor’s degree or equivalent training.
• Knowledge of the intent, scope, and purpose of Workers Compensation, General Liability, Automobile, and Excess coverage forms and endorsements.
• Knowledge of exposure identification and analysis and the basics of guaranteed cost and small deductible underwriting.
• Cross-functional generalist knowledge of claims, risk control, audit, premium accounting, reinsurance, finance, and legal.
• Ability to influence and support other team members.
• Ability to perform multiple tasks simultaneously.
• Ability and willingness to travel to develop and maintain relationships in the assigned territory.

Nice To Haves

• Construction underwriting experience is preferred.
• Established broker relationships within the region are ideal.
• CPCU or CRIS designation is a plus.

Responsibilities

• Solicit and review new and renewal account information to evaluate risks.
• Identify potential exposures and hazards in relation to requested coverage and individual risk characteristics.
• Underwrite, price, and prepare Casualty quote proposals using objective and subjective risk characteristics, the existing product set, and applicable regulatory filings.
• Engage internal resources, including Risk Engineering and Claims, to assist with risk assessment.
• Prepare final quotations and proposals and present them to producers and/or prospective insureds.
• Lead post-bind activities, including policy production, compliance issues, audits and adjustments, TPA coordination, and related items.
• Manage pre-renewal reviews and the renewal process to achieve targeted retention and rate goals.
• Develop and maintain relationships with agency personnel to generate qualified submissions.
• Build and leverage relationships with agency personnel and insureds to achieve production and profit goals.
• Meet regularly to pipeline accounts, assess exposures and controls against Arch’s appetite, and understand customer needs.
• Develop strategic plans for positioning and selling Arch at the agency and insured level.
• Travel as needed to develop and maintain relationships in the assigned territory.

Benefits

• Multiple medical plans, dental, vision, and prescription drug coverage
• 401(k) with generous matching
• Paid time off beginning at 20 days per year
• Up to 12 paid company holidays per year
• Two paid days of Volunteer Time Off
• Basic life and AD&D insurance
• Short- and long-term disability
• Paid parental leave of up to 10 weeks
• Student loan assistance
• Tuition reimbursement
• Backup child and elder care
• Incentive eligible

What This Job Offers

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