Underwriter / Senior Underwriter, Cyber Liability jobs in United States
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Arch Insurance Group Inc. · 3 months ago

Underwriter / Senior Underwriter, Cyber Liability

Arch Insurance Group Inc. is a company that promotes progress and inspires clients, employees, investors, and communities. The Senior Underwriter for Cyber Liability is responsible for submission generation, underwriting, and policy issuance of Cyber & Technology Liability accounts, while also building relationships with agents and evaluating risks.

FinanceFinancial ServicesInsurance
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H1B Sponsor Likelynote

Responsibilities

Build strong long term profitable relationships with agents, brokers and policy holders
Generate pipeline of submissions that meet department appetite
Evaluate applications and related materials to determine acceptability of risks in accordance with company guidelines and standards. Determine the need for additional evidence of insurability
Participate in underwriting calls with clients and brokers to assess client’s cybersecurity controls
Exercise judgment, negotiation and sound business decision making based on level of authority
Prepare quotes and answer questions from brokers, policyholders or other external contacts and escalate issues to management along with proposed solutions as necessary
Provide acceptable level of underwriting documentation for all assigned accounts. Be able to articulate underwriting positions and most importantly, reasons for such positions internally and externally
Keeps current on claim trends and changes in legal and regulatory environment
Provide monthly forecasts for new and renewal business and regular reconciliations to such forecasts
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
May provide guidance and assistance to other underwriters and to other functional areas particularly when related to cross-sell opportunities

Qualification

Cyber underwriting experienceRelationships with brokersAnalytical skillsEffective negotiation skillsCommunication skillsProblem solving skillsTeamworkStrategic thinkingOrganizational skills

Required

Strong interpersonal and communication skills and the ability to work with management at a senior level
Highly motivated with the ability to work independently or as part of a team
Ability to organize, prioritize and manage multiple priorities
Independent and innovative thinker with creative problem solving skills & strategic thinking
Strong analytical skills/judgement and mathematical skills
Effective communication – both oral and written
Effective negotiation skills
BA or BS, ideally with a degree/major in Economics, Business, Finance, or Accounting
2-5 years of Cyber underwriting experience

Preferred

Strong relationships with wholesale and/or retail Cyber brokers
Knowledge of broader MPL classes of business is desirable

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.

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

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)

Funding

Current Stage
Late Stage

Leadership Team

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Rebecca Raisley
Vice President of Business Development
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Valerie Turpin
Division President - Property and Marine
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Company data provided by crunchbase