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Arch Insurance Group Inc. · 2 days ago

Underwriter, Executive Assurance

Greater Chicago Area

Full-time

Hybrid

Entry, Mid, Senior Level

$70K/yr - $80K/yr

1+ years exp

Arch Insurance Group Inc. is a company focused on collaboration, expertise, and innovation, aiming to enable progress for clients and communities. The Underwriter / Senior Underwriter for Growth & Middle Market is responsible for underwriting and policy issuance of various liability insurances for privately held and publicly traded companies within the Central Region, while also mentoring junior underwriters.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Underwrite and price products, to include financial and exposure analysis

Monitor new business flow, quote ratio and hit ratio from each target agency to monitor variances to plan. Develop strategies to correct variances with each agency

Represent Arch and Executive Assurance professionally whether internally or externally at agent offices or industry events

Attendance at meetings with outside company management

Policy contract review and rating

Claims review

Binding of new and renewal accounts according to our underwriting philosophy and strategy

Provide monthly forecasts for new and renewal business and regular reconciliations to such forecasts. Be able to provide detail as to variances from forecast, include new business results, lost business and pricing changes

Service brokers and customers, to drive new business opportunities via existing relationships as well as where there is no existing relationship; continually prospects for new opportunities

Coaching and developing the more junior underwriters in the region

Qualification

D&O underwriting experienceEPL underwriting experienceFiduciary underwriting experienceFinancial statement analysisCustomer service focusEffective negotiation skillsAnalytical thinkingMS Word proficiencyMS Excel proficiencyMS Outlook proficiencyRPLU designationCPCU designationOral communication skillsWritten communication skillsRelationship buildingOrganizational skillsTeamwork

Required

1 to 5 years of private company D&O, EPL or Fiduciary underwriting experience

Exemplary oral and written communication skills

Analytical, with a keen ability to think through issues

Solid understanding of financial statements

Strong customer-service focus

Ability to develop strong relationships with brokers in order to successfully manage our business which will require travel to producer location or insured location

Able to organize and prioritize to meet multiple demands and commitments

Ability to work independently as a member of a team working to build a profitable book of business

Effective negotiation skills

Proficient in MS Word, Excel and Outlook

Bachelor's Degree, ideally in Economics, Business, Finance or Accounting

Preferred

RPLU or CPCU designation

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

Short and Long-Term Disability

Paid Parental Leave of up to 10 weeks

Student Loan Assistance

Tuition Reimbursement

Backup Child and Elder Care

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)