Underwriting Manager, Executive Assurance
Full Time
Chicago, IL 60606
Posted
Job description
The Position:
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.
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The Underwriting Manager position is in the Large Commercial Group, one of Executive Assurance’s specialty units, which is responsible for underwriting Directors and Officers liability, Employment Practices Liability and Fiduciary Liability coverage for public and private companies with revenues greater than $500M for public accounts and greater than $1B for private. Candidate must be a highly-motivated, career-oriented individual who will be a key part of the Commercial team efforts for the Chicago office and larger Central region. The position offers increasing levels of responsibility over time as the candidate develops experience.
Job Responsibilities:
- Underwrite and price products, to include financial and exposure analysis
- Attendance at meetings with insureds and trading partners
- Policy contract review and rating
- Claims review
- Binding of new and renewal accounts according to our underwriting philosophy and strategy
- Service brokers and customers
- 4 to 6 years of public D&O underwriting experience preferred.
- Excellent written and verbal communications skills.
- Analytical, with keen ability to think through issues.
- Strong understanding of the risk profile of energy companies and other public & private accounts.
- Excellent understanding of financial statements.
- Effectively prioritize work with ability to meet deadlines in fast-paced environment.
- Ability to work independently as a member of a team working to build a profitable book of business.
- Effective negotiation skills.
- Ability to develop strong relationships with brokers in order to successfully manage our business which may require travel to producer location or insured location.
- BA or BS, ideally with a degree/major in Economics, Business, Finance, or Accounting.
Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries. With nearly 20 years of operating history and strong financial ratings, our track record remains solid.
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.
#LI-AM3
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