Underwriting Specialist, Middle Market Solutions

Arch Insurance Group Inc.•Home Base, MN, MI

2d•$95,700 - $172,465•Hybrid

About The Position

The Underwriting Specialist is responsible for driving profitable growth through the evaluation and underwriting of new and renewal accounts. This position involves close collaboration with producers to negotiate pricing, terms, and conditions, while proactively managing capacity and ensuring compliance with governance frameworks and underwriting guidelines. This candidate can sit 100% remote or hybrid within the Central/Midwest. This is a market-facing role so expected to be meeting with brokers in the territory (Central/Midwest).

Requirements

Specialized expert understanding of Commercial Packaged Property and Casualty
Recognized relationships with brokers at peer group level and well established within market
Specialized understanding of regional / local insurance markets and competitor landscape, including global elements
A minimum of 3+ years of direct experience in Underwriting profitable business

Nice To Haves

Preferably a degree in Economics, Finance, Insurance Management, or Business Administration
Professional insurance qualification (e.g. CPCU) is a plus, but not required

Responsibilities

Underwrite new and renewal accounts to meet top and bottom line targets
Negotiate price and terms and conditions with producers
Ensure contract certainty is achieved on all accounts at time of inception
Ensure utilization of global pricing tools
Ensure placing and binding of FAC Reinsurance prior to policy inception
Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)
File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
Proactively support completion of policy administration and credit control processes
Training, developing and coaching of less experienced staff (including Underwriters)