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Overview
Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management.
Responsibilities
- Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
- Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.
- Develop and maintain strong working relationships with assigned producers and cultivate new relationships
- Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by regional leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region
- Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation
- Prepare underwriting submissions, making recommendations and/or decisions within established authority limits
Key Competencies
- Proficient in financial statement, credit and risk analysis
- Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character
- Strong communication and organizational skills
- Ability to multi-task and prioritize workload to meet agreed upon expectations
- Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures.
Education
- College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience.
Experience
- Minimum of six years surety underwriting experience and/or equivalent surety related experience required.
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For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$148,614 - $201,066/year
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Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Click here to learn more on available benefits.
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14400 Arch Insurance Group Inc.
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What We Do
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.
ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
