Full-Time

Underwriter

Confirmed live in the last 24 hours

Arch Capital Group

Arch Capital Group

Global insurer offering insurance and reinsurance

Compensation Overview

$70k - $90k/yr

+ Incentives

Junior, Mid

Denver, CO, USA

Category
Insurance
Finance & Banking
Required Skills
Risk Management
Customer Service
Requirements
  • Bachelor’s degree or equivalent education/experience preferred
  • AINS or CISR designation a plus
  • One to three years of underwriting or customer service experience with an insurance company preferred
  • Excellent verbal and written communication skills
  • Strong negotiation and interpersonal skills
  • Strong analytical skills with attention to detail
  • Solid time management and organizational skills
  • Ability to prioritize and work independently
Responsibilities
  • Analyze new and/or renewal business for program eligibility and price business in accordance with program rate and retention targets
  • Adhere to Underwriter Authority Agreement
  • Adhere to Service Standard Agreement
  • Develop and maintain strong interpersonal relationships with internal and external customers through professional and efficient customer service
  • Ability to work efficiently and effectively in one core McNeil Program
  • Gain understanding of ISO rules/rates, underwriting manuals and, underwriting guidelines
  • Rating new and renewal business as needed
  • Comply with state insurance regulations according to ODEN
  • Analyze and approve requested policy changes/endorsements
  • Work with Risk Management to assist insureds in improving operations and mitigating risk
  • Process cancellations, non-renewals, reinstatements as needed
  • Gain understanding of program specific product and coverages
  • Provide support for other associates when necessary
  • Gain familiarity with market conditions and competitor intelligence
  • Gain familiarity of underwriting reports to ensure program profitability. This includes, but is not limited to, contract expiration reports, referral reports, loss experience reports, pricing reports and retention reports.
  • Foster a team environment with among team members
  • Assist with special projects as assigned
Desired Qualifications
  • AINS or CISR designation a plus
  • One to three years of underwriting or customer service experience with an insurance company preferred

Arch Capital Group provides insurance, reinsurance, and mortgage insurance services globally, operating in over a dozen countries with its headquarters in Bermuda. The company focuses on managing risk for its clients by offering a range of insurance products and solutions. Arch's operations are characterized by a commitment to growth through both organic development and strategic acquisitions that align with its corporate culture. What sets Arch apart from its competitors is its emphasis on employee well-being and community involvement, offering programs that support professional development and encourage volunteerism. The company's goal is to be a reliable partner in risk management while fostering a positive work environment and contributing to social initiatives in housing, education, and equity.

Company Size

N/A

Company Stage

IPO

Headquarters

Hamilton, Bermuda

Founded

1995

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven insurance platforms increase efficiency and market reach for Arch Capital.
  • Thimble acquisition strengthens Arch's position in the small business insurance market.
  • Strategic investments diversify Arch's portfolio and enhance growth potential.

What critics are saying

  • Competition from fast-growing insurtech startups pressures Arch to innovate quickly.
  • Integration of Thimble poses potential operational and cultural challenges.
  • Investments in Now Insurance and Helix carry financial performance risks.

What makes Arch Capital Group unique

  • Arch Capital invests in AI-driven platforms like Now Insurance for innovation.
  • Acquisition of Thimble expands Arch's digital platform for small business insurance.
  • Strategic partnerships with Helix enhance Arch's underwriting capabilities.

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Benefits

Hybrid Work Options

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Business Wire
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