SVP, Underwriting, P&C Programs

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Job Summary

• Reports To: EVP, P&C Programs
• Department: P&C Programs
• Function: Program underwriting management

Job Responsibilities:

Accountable for overall underwriting execution within all programs in alignment with individual program strategies.  Provide leadership to underwriting team to ensure they are performing at high level and developing in position and career with Arch.  Collaborate with leadership of internal and external organizations to ensure alignment of resources and business priorities.  External resources include Program Administrators and Third Party Administrators.  Arch resources include claims, corporate underwriting, actuarial, finance, IT, Ceded Re and others as necessary. Responsibilities include all activities necessary to manage program underwriting and deliver financial results in line with specific program strategies, including the following:

Planning:

• Collaborate with P&C Programs’ Program Management Lead in establishment of program underwriting strategies for each program that aligns with plan for P&C Programs Business Unit.

• Lead reinsurance submission and information responses to Arch Ceded Re and lead representation of business unit at reinsurance meetings.

• Maintain knowledge of industry macro trends that could impact P&C Programs Business Unit and pro-actively develop action plans to address.

Execution:

• Ensure corporate alignment around all business priorities at leadership level and collaborate internal resources to deliver initiatives on time and within budget.

• Provide leadership for all underwriting aspects of program, including guidelines, catastrophe capacity utilization, audits, referrals and others as necessary.

• Ensure that all program referrals are managed and documented according to Arch guidelines. 

• Ensure that all program administrators and underwriters are operating within established underwriting authority levels. 

Measurement:

• Provide guidance on development and execution of analytical processes.

• Ensure that data sources are in place to provide necessary key performance indicators.

• Analyze business across all programs (state, line of business, etc.) to identify macro trends that should be addressed. 

Partnering:

• Develop deep level of knowledge about Program Administrators’ underwriting acumen and processes. 

• Consultatively identify methods to strengthen underwriting relationship with Program Administrators by improving their business or financial results.

Leadership:

• Lead and coach management team within underwriting unit of P&C Programs to improve performance as needed and in support of individual development.

• Provide training, development opportunities, feedback and other support to underwriting team members to ensure success in position. 

• As appropriate, provide visibility for underwriting team within Arch that lead to promotional opportunities. 

• Maintain pipeline of internal and external top talent underwriters for underwriter and underwriting leader roles.

Required Skills and Experience

• 15+ years of property and casualty underwriting insurance industry experience.  Programs experience preferred.
• Minimum 7 years’ people management experience

Education

• Bachelor's degree in Finance, Economics, Business, Risk-management or a related field

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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.

$200,000 - $225,000/year

• 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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