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Arch Insurance Group Inc. · 5 hours ago

Underwriting Specialist, Middle Market Solutions

Massachusetts, United States

Full-time

Hybrid

Mid Level

$111K/yr - $172K/yr

3+ years exp

Arch Insurance Group Inc. is a company that promotes progress and inspires clients, employees, and communities. The Underwriting Specialist role involves driving profitable growth through the evaluation and underwriting of new and renewal accounts, negotiating pricing and terms, and ensuring compliance with underwriting guidelines.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Underwrite Profitable business

Underwrite new and renewal accounts to meet top and bottom line targets

Negotiate price and terms and conditions with producers

Proactively manage capacity

Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios for relevant Lines of Business (LoB's)

Underwriting Approach and Compliance

Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles

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

Contribute to development and execution of regional Underwriting strategy for LoB regionally

Training, developing and coaching of less experienced staff (including Underwriters)

Qualification

UnderwritingNatural Catastrophe AccumulationInsurance QualificationMarket KnowledgeNegotiationCoachingCollaboration

Required

A minimum of 3+ years of direct experience in underwriting profitable business

Specialized expert understanding of sub-LoB products and portfolio

Recognized relationships with brokers at peer group level and well established within market

Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements

Preferred

Preferably a degree in Economics, Finance, Insurance Management, or Business Administration

Professional insurance qualification (e.g. CPCU) is a plus

Benefits

Multiple medical plans plus dental, vision and prescription drug coverage

A competitive 401k with generous matching

PTO beginning at 20 days per year

Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer

Basic Life and AD&D Insurance as well as Short and Long-Term Disability

Paid Parental Leave of up to 10 weeks

Student Loan Assistance and Tuition Reimbursement

Backup Child and Elder Care

And more

Company

Arch Insurance Group Inc.

Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.

Founded in 2002

Jersey City, New Jersey, USA

1001-5000 employees

https://insurance.archgroup.com

H1B Sponsorship

Arch Insurance Group Inc. has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (18)

2024 (18)

2023 (10)

2022 (10)

2021 (8)

2020 (3)