Regional Vice President

Arch Insurance Group Inc. • Chicago, IL

23h • $155,200 - $279,800 • Hybrid

About The Position

Provide management direction and leadership for the underwriting of the Commercial Property, using the distribution channel of E&S Wholesale brokers based in the Central and Midwest Region. This will be a hybrid role based in either Chicago, IL, or Addison, TX.

Requirements

• Excellent knowledge and understanding of tools and systems pertinent to commercial property portfolio management.
• Ability to demonstrate interpersonal and leadership skills as evidenced by experience in dealing with brokers, industry groups, and insureds.
• Extensive network of relationships with regional commercial property brokers.
• Bachelor's degree (ideally with a degree/major in Economics, Business, Risk-management or Engineering).
• Minimum 10 years of property underwriting, including a progression of management roles.

Nice To Haves

• Additional industry-specific study or designations (such as CPCU, ASLI/AU, ARM) are a plus.

Responsibilities

• In accordance with business standards, guidelines and E&S Property goals, lead the team to achieve organization growth, while maintaining the targeted profitability and the allocated cat risk aggregates.
• Establish and maintain sound business practices. Provides ongoing assistance to management in the interpretation, implementation, and achievement of those business goals.
• Maintain the desired level of technical and commercial expertise of the underwriting team to achieve the profitability goals, as well as satisfactory customer experience.
• Ensure all underwriters follow guidelines and regulatory requirements.
• Assess the training needs of the team and work in partnership with the Training manager and the SVP E&S property in designing and delivering the training.
• Escalate new products and services development that are identified as profitable opportunity for E&S property in the South Central region.
• Develop regional distribution plans with Distribution and the regional management team.
• Participate in marketplace initiatives through interface with key customers and brokers to promote Arch Insurance property expertise.
• Regularly meet with Wholesale brokers, industry groups, and insured’s to present and represent the business unit’s interests and innovation.

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
• 2 paid days of Volunteer Time Offer
• 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

What This Job Offers

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