AVP, Corporate Underwriting Audit

Arch Capital Group • Home Base, NJ

53d • Remote

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℠. Position Summary: Arch’s Corporate Underwriting Audit (“CUA”) is charged with evaluating the effectiveness of the underwriting process for all active Arch Insurance Group business units in the United States, Canada, United Kingdom, Bermuda, Australia, and Europe. CU Audit – via reviews and reports – provides an objective evaluation for Arch senior leadership concerning the quality and alignment of the business units’ underwriting decisions to authority levels and guidelines while enabling change where necessary and enhancing underwriting processes and controls.

Requirements

• 15+ years underwriting or claims experience in Property, Casualty, Professional, or Financial Lines underwriting.
• Business acumen with high attention to detail and strong analytical skills.
• Sound independent judgment.
• Ability to influence colleagues outside the team toward achievement of mutual goals.
• Excellent time management and organizational skills.
• Demonstrated ability to work across interdisciplinary teams that are geographically dispersed.
• Strong oral and written communication skills.
• Willingness to travel domestic and/or international.

Nice To Haves

• Additional coverage line experience is a plus.

Responsibilities

• Under supervision, plan, organize and lead underwriting audits/reviews of Arch Insurance business units and delegated authority programs, including scheduling and account selection.
• Perform underwriting file reviews by measuring how well Arch’s Business Units and delegated authority programs adhere to corporate and business unit rules and protocols - including qualitative and procedural components such as file documentation, account analysis/selection, and use of pricing tools.
• Assist - and where necessary lead - the collecting, processing and summarizing audit information and the identification of trends.
• Present audit results and draft audit reports for senior executive team.
• Identify trends in business units to assess relative risks in order to determine audit scope required.
• Co-ordinate audits with other company monitoring functions (Compliance, Internal Audit, Claims) as needed to support audit process.

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: Executive
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees