Underwriting Specialist​/Underwriting Manager

Position Summary

Are you tired of losing business to Group Captives? As an Underwriter within Arch Alternative Markets, this position is responsible for technical underwriting, account management and client management of our casualty group captive programs. We have been growing steadily 20% per year and exceeded $1 Billion of GWP.

• Technical Underwriting:
  Solicit and review new and renewal account information to evaluate risk, structure captive programs, underwrite, price and prepare proposals within authority.
• Account Management:
  Manage pre and post bind activities, policy production, compliance, audits, renewal retention process, initiate mid-term account reviews.
• Client Management:
  Develop and maintain relationships with producers and insureds, discuss account issues, position Arch at both producer and insured levels, generate flow of qualified submissions.
• Administrative:
  Maintain underwriting and policy file documentation in compliance with Arch internal audit. Complete ad hoc projects as assigned.

• Understanding of Workers Compensation, General Liability and Automobile coverage forms and endorsements, ability to tailor to captive program design.
• Experience with loss sensitive programs, excess & surplus lines programs.
• Knowledge of captive programs (products, pricing, expensing, actuarial loss projecting techniques, retention and aggregate setting, limit profiles, ALAE, credit risk, facultative reinsurance).
• Exposure identification and analysis skills.
• Cross-functional generalist knowledge of claims, risk control, audit, premium accounting, finance and legal, regulatory and compliance issues.

• Bachelor’s degree or equivalent training required.
• CPCU or other similar designation a plus.
• Three (3) to Five (5) years underwriting experience and/or experience in the Loss Sensitive, Excess & Surplus marketplace, or captive insurance marketplace.
• Proficiency with Excel, Word and PowerPoint.
• Established broker or captive program relationships not necessary.

$125,000 - $145,000/year + 10% target bonus

• Comprehensive medical plans plus dental, vision and prescription drug coverage.
• Competitive 401k with generous matching.
• Paid parental leave up to 10 weeks.
• Student loan assistance and tuition reimbursement.
• Backup child and elder care; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of volunteer time offer.