Senior Underwriter, Executive Assurance GMM

Arch Insurance Group Inc.New York, NY
$80,000 - $120,000Hybrid

About The Position

The Senior Underwriter - Growth & Middle Market is responsible for the submission generation, underwriting and policy issuance of Directors and Officers Liability, EPL, Fiduciary Liability, Fidelity insurance, K&R, and Cyber Liability for entities that meet the GMM account definition within the Northeast Region. The Growth & Middle Market department works with privately held companies with annual revenues of less than $1 Billion and publicly traded companies with annual revenues of less than $500 Million. This will be a hybrid (3 days in office) role in New York, NY 10110.

Requirements

  • Ability to develop strong relationships with brokers in order to successfully manage our business which will require travel to producer location or insured location
  • Exemplary oral and written communication skills
  • Analytical, with a keen ability to think through issues
  • Solid understanding of financial statements
  • Able to organize and prioritize to meet multiple demands and commitments
  • Effective negotiation skills
  • Proficient in MS Word, Excel and Outlook
  • 3 to 5 years of D&O insurance underwriting
  • Bachelor’s Degree, ideally in Economics, Business, Finance or Accounting

Responsibilities

  • Underwrite and price new and renewal business, to include financial and exposure analysis
  • Attendance at meetings with outside company management
  • Building and maintaining productive relationships with agents and brokers
  • Policy contract review and rating
  • Claims review
  • Binding of new and renewal accounts according to our underwriting philosophy and strategy
  • Coaching and developing the more junior underwriters in the region

Benefits

  • Multiple medical plans plus dental, vision and prescription drug coverage
  • 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
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