Full-Time

Underwriter

Excess Casualty

Posted on 9/5/2024

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Junior, Mid

Richmond, VA, USA

Flexible workplace policies available.

Category
Insurance
Finance & Banking
Required Skills
Communications
Marketing
Requirements
  • Bachelor’s degree or two to five years related insurance experience and/or equivalent combination of education and experience.
  • Adhere to underwriting guidelines established by the division
  • Strong oral and written communication skills.
  • Detail oriented with initiative and the ability to work independently in a fast paced environment.
  • Ability to travel, if needed.
  • Excellent analytical skills.
  • Proficient in the use of computer programs, including Word, Excel, and Outlook.
Responsibilities
  • Review policies to verify acceptability based upon company underwriting guidelines and granted underwriting authority.
  • Determine whether to accept, modify, or decline risks.
  • Oversee and approve endorsements as indicated.
  • Resolve premium audit disputes within assigned territory.
  • Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
  • Review state laws, including cancellation and non-renewal, within assigned territory to properly transact business within the state.
  • Consult with general agents/brokers to obtain further information, quote rates, or explain underwriting guidelines.
  • Create, analyze, and interpret data from various reports.
  • Communicate with and manage broker partners to develop new growth opportunities.
  • Collaborate with actuarial and marketing to remediate unprofitable products or brokers.
  • Perform other duties as assigned.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Unlike many competitors, Argo emphasizes corporate responsibility and community engagement, participating in initiatives related to diversity, environmental sustainability, and disaster relief. The company's goal is to foster long-term relationships with clients while promoting an inclusive workplace that supports personal and professional growth.

Company Stage

IPO

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital insurance platforms aligns with Argo Interactive's mobile services.
  • The rise of parametric insurance products offers expansion opportunities in niche markets.
  • AI integration in underwriting improves risk assessment, benefiting Argo's specialty services.

What critics are saying

  • Leadership changes may lead to strategic instability post-Brookfield acquisition.
  • Talent drain, such as departures to competitors, could impact Argo's operations.
  • Brookfield's acquisition may shift company priorities and lead to restructuring.

What makes Argo Group unique

  • Argo specializes in niche markets with unique risk profiles like construction and marine.
  • The company offers tailored insurance solutions not typically covered by standard policies.
  • Argo's commitment to corporate responsibility enhances its reputation and client relationships.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Caregiver Leave

Paid Parental Leave

Paid Bereavement Leave

Military Leave

Employee Assistance Program (EAP)

Wellness Program

Employee Referral Bonus

INACTIVE