RVP, E&S Property

Arch Capital Group • New York, NY

5d • 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℠. Position Summary Provide management direction and leadership for the underwriting of the Commercial Property, using the distribution channel of E&S Wholesale brokers based in the North East Region.

Requirements

• 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.
• 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

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.
• Evaluate underwriting, renewals and new business, actuarial trends, ceded reinsurance
• Assess the training needs of the team and work in partnership with L&D and the SVP E&S property in designing and delivering the training
• Entertain his/her own portfolio
• Escalate new products and services development that are identified as profitable opportunity for E&S property in the North East 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 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: Manager
• Number of Employees: 1,001-5,000 employees