Arch Insurance Group Inc. · 8 hours ago
AVP, Middle Market Excess
New York, NY United States of America
Full-time
Hybrid
Mid, Senior Level
$123K/yr - $192K/yrArch Insurance Group Inc. is committed to collaboration, expertise, and innovation, aiming to help clients achieve their potential. The Umbrella/Excess Liability AVP is responsible for underwriting profitable new and renewal business, negotiating terms and pricing, and managing relationships with clients and stakeholders while developing the underwriting team.
FinanceFinancial ServicesInsurance
Responsibilities
Underwrite profitable new and renewal business to meet Umbrella/Excess Liability portfolio targets in accordance with underwriting guidelines and underwriting authority
Negotiate price, terms and conditions
Training and development of team and referral point for senior underwriters
Develop and maintain strong relationships with producers, clients, and relevant stakeholders (e.g. risk managers) in partnership with Market Management, ownership of large / key accounts and clients including negotiation of participation, pricing, terms and condition
Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
Contribute to development and execution of regional Underwriting strategy for Umbrella/Excess Liability regionally
Policy Documentation and Administration Ensure accurate policy documentation issued to producers (where Arch responsibility to do so) 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
Training, developing and coaching of experienced staff (including Senior Underwriters)
Manage complex referrals from underwriters and re-underwrite complex business as appropriate
Proactively drive involvement of functional areas in Underwriting process, including e.g. Claims, Operations
Deep knowledge of commercial lines products, the regulatory environment, and the local insurance market
Participate in cross regional activities as required / requested including and not limited to cross collaboration with Middle Market Package, Excess Construction, Excess National Accounts
Qualification
Required
Ability to assess risk inherent exposures and natural hazards relevant to Umbrella/Excess Liability
Manage the underwriting books. Analyze trends and scenario plans from which portfolio strategies can be developed and implemented
Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance
Apply the knowledge of how the market operates and functions, the business needs and customer needs
Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire
Ability to express ideas and messages clearly, both written and verbally. Ability to 'sell' an improvised or prepared audience winning story. Possesses strong negotiation skills
Use general office application tools e.g. Power Point, Excel, Word, Outlook
Ability to persuade and motivate others to act, without executive authority
In depth understanding of Umbrella/Excess Liability products and portfolio
In depth understanding of regional / local Umbrella/Excess Liability insurance markets and competitor landscape
Demonstrable, established relationships with brokers at peer group level and well established within local market
Preferred
Preferably degree in Economics, Finance, Insurance Mgmt., or Business Administration
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 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
1001-5000 employees
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 StageLeadership Team
Rebecca Raisley
Vice President of Business Development
Valerie Turpin
Division President - Property and Marine
Recent News
MarketScreener
2025-07-16
Company data provided by crunchbase