Senior Underwriter, Entertainment

Arch Capital Group•Los Angeles, NY

About The Position

The Senior Underwriter, Entertainment underwrites profitable new and renewal business within the Entertainment Practice. The portfolio includes risks associated with live events, venues, production companies, film and television productions, performing arts organizations, promoters, festivals, sports and entertainment facilities, and related industry segments. The role is accountable for underwriting profitability and growth through disciplined portfolio management, strong broker and client relationships, and sound risk selection. The position manages an assigned portfolio, evaluates submissions and exposures, negotiates pricing and coverage terms, and collaborates with internal stakeholders. It also develops business relationships, pursues growth opportunities, monitors market trends, and serves as a technical resource for Entertainment underwriting. The Senior Underwriter provides guidance and mentoring to less experienced underwriters and contributes to underwriting practices and strategic initiatives.

Requirements

  • Minimum 3 years of commercial underwriting experience.
  • Demonstrated experience underwriting Entertainment, Specialty Casualty, Property, or related commercial insurance products.
  • Ability to evaluate complex Entertainment exposures and determine appropriate pricing, coverage, and risk mitigation strategies.
  • Strong understanding of casualty, property, and specialty insurance products relevant to the Entertainment industry.
  • Ability to analyze financial statements, loss trends, exposure data, and profitability metrics.
  • Strong analytical and critical-thinking skills and ability to make sound underwriting decisions.
  • Proven ability to develop and maintain productive broker and client relationships.
  • Strong negotiation and influencing skills.
  • Strong knowledge of policy language, manuscript endorsements, and contractual risk transfer concepts.
  • Ability to review and interpret complex insurance contracts and agreements.

Nice To Haves

  • Bachelor's degree in Business Administration, Finance, Risk Management, Insurance, Economics, or a related field preferred.
  • Strong broker relationships within the Entertainment insurance marketplace preferred.
  • CPCU, ARM, CIC, or another professional insurance designation preferred.

Responsibilities

  • Underwrite new and renewal business to achieve profitability, growth, retention, and production objectives.
  • Manage an assigned portfolio of Entertainment accounts, applying appropriate risk selection and pricing discipline.
  • Evaluate submissions, exposures, loss experience, contractual risk transfer, and financial information to determine risk acceptability.
  • Negotiate pricing, coverage terms, conditions, and program structures with brokers and agents.
  • Collaborate with Claims, Risk Control, Legal, Operations, and other internal stakeholders throughout the underwriting process.
  • Develop and maintain relationships with brokers, clients, and industry partners.
  • Identify and pursue profitable new business opportunities within the Entertainment sector.
  • Support renewal retention strategies through account management and customer engagement.
  • Represent the company at industry events, broker meetings, conferences, and client presentations.
  • Monitor market trends, competitor activity, and emerging risks affecting the Entertainment portfolio.
  • Serve as a technical resource and subject matter expert for Entertainment underwriting.
  • Analyze complex or non-standard risks and provide guidance on referrals and coverage structures.
  • Review contractual agreements, indemnification provisions, and insurance requirements related to entertainment operations.
  • Assist in developing underwriting guidelines, best practices, and portfolio management strategies.
  • Mentor, coach, and provide technical guidance to less experienced underwriters.
  • Participate in training and knowledge-sharing activities.
  • Support cross-functional projects and strategic initiatives.
  • Contribute to underwriting excellence, accountability, and continuous improvement.

Benefits

  • Multiple medical plans, dental, vision, and prescription drug coverage
  • Competitive 401(k) with generous matching
  • PTO beginning at 20 days per year
  • Up to 12 paid company holidays per year
  • 2 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
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