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Arch Insurance Group Inc. · 2 hours ago

AVP, Middle Market Solutions

Greater Chicago Area

Full-time

Onsite

Mid, Senior Level

$123K/yr - $185K/yr

7+ years exp

Arch Insurance Group Inc. is a company rooted in collaboration, expertise, and innovation, aiming to promote progress and inspire its clients and employees. The AVP, Middle Market Solutions role involves developing regional underwriting strategies, managing complex accounts, and maintaining strong relationships with brokers and clients to ensure profitable business operations.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Participate in the development and execution of regional Underwriting strategy for LoB(s) and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling

Ensure a profitable book of Property and Casualty insurance by writing new accounts with varying premiums and complexity, growing successful agent and broker relationships

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

Negotiate price and terms and conditions with producers

Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)

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

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

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)

Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)

Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate

Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)

Qualification

UnderwritingPropertyCasualty insuranceBroker relationshipsInsurance qualificationMarket ManagementCoachingNegotiationCommunicationTeam collaboration

Required

7-10 years experience in proven track record in Underwriting profitable business in LoB. Good understanding of LoB products and portfolio

7-10 years experience in demonstrating established relationships with brokers at peer group level and established within market

7-10 years experience in understanding of regional / local LoB insurance markets and competitor landscape

College degree preferably in Economics, Finance, Insurance Management, or Business Administration

Completion of professional insurance qualification (e.g. CII)

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

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 (15)

2024 (18)

2023 (10)

2022 (10)

2021 (8)

2020 (3)