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℠.
AVP/Vice President, Cyber Product Manager
Provide management direction and oversight for Arch’s cyber product within the US. Work with business unit leadership to achieve related business goals and objectives. Collaborate with cross-functional teams and stakeholders to implement changes. Maintain a deep understanding of cyber claim/loss trends, internal and external stakeholder needs and the competitive landscape.
Responsibilities:
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Develop plans and actions that will enhance the unit’s underwriting results for cyber
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Maintain and update underwriting standards and guidelines as needed
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Provide training to underwriting staff on exposure analysis and product features
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Collaborate with Operations, IT, Strategic Analytics (SA) with respect to underwriting systems and tools
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Coordinate with Claims, Product Development, Underwriting and Risk Engineering to enhance our cyber product offerings
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Work with SA, Actuarial and Cyber Analytics on the evolution of Arch’s cyber catastrophe models
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Coordinate third party cyber vendor relationships to enhance risk management capabilities
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Participate in industry events and interface with key policyholders, agents, and brokers
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Collaborate with Strategy and Distribution and Marketing on product promotion opportunities and related materials
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Ensure products and practices are in accordance with appropriate regulatory requirements
Qualifications:
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Bachelor's degree in Business, Insurance, Information Technology or a related field
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Minimum 7 years at the AVP level and 10 years at the VP level of working experience with network security, privacy and technology E&O liability insurance underwriting and/or product management
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Demonstrated interpersonal skills dealing with internal and external customers and stakeholders
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Strong analytical, presentation and organizational skills
*Position offered will be dependent upon the individual candidate’s qualifications
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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.
$150,000 - $200,000
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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.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
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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.