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Arch Capital Group

Underwrites insurance, reinsurance, and mortgage insurance

Underwriter

UnderwritingConfirmed live in the last 24 hours
Full-timeGlasgow, UKNo salary listed

About the Job

Requirements

  • A university degree is preferred but not essential.
  • ACII is preferred; candidates who do not currently possess it will be required to obtain it within three years.
  • Minimum X years of relevant market experience in an underwriting position in the London market and/or Lloyd's market.
  • Planning and product development skills.
  • Client relationship management skills.
  • Technical and analytical skills.
  • Regulatory and compliance awareness.
  • Problem-solving, negotiation, and decision-making skills.

Responsibilities

  • Underwrite new and renewal business in accordance with personal underwriting authority and assist department underwriters or the manager with other underwriting activities.
  • Underwrite a balanced and profitable account.
  • Accurately record underwriting information on the company's Xchanging System and other departmental computer systems.
  • Conduct account-clearance procedures with other parts of the Corporation for overseas risks as required.
  • Undertake internal underwriting reviews of other underwriters' files as directed, carry out peer reviews, and ensure peer sheets are accurately completed or reviewed.
  • Enter submissions, quotes, and bound policies in the underwriting system.
  • Research additional underwriting information using the Internet or other external sources as directed.
  • Prepare underwriting exhibits, including Excel spreadsheets, underwriting exposure comparison sheets, or related documentation, as requested.
  • Provide assistance and input in the annual budgeting process as required.
  • Prepare and present underwriting data requested by the manager or other senior management members.
  • Provide additional underwriting support, including travel between London or other European offices, and attend meetings with clients or prospective clients as required; travel may include the UK, Ireland, Continental Europe, or the USA.
  • Market Arch products and proactively manage broker relationships.
  • Provide training and assistance to others in the department.
  • Maintain appropriate business activity logs recording submission or premium activity for management reports.
  • Assist with preparing and presenting underwriting quotation documentation as directed.
  • Assist with resolving outstanding premium receivable issues as directed.
  • Perform day-to-day underwriting operations, including file preparation, general filing, and answering telephones.
  • Stay informed about industry topics and legislative changes that affect the line of business.

About the Company

Arch Capital Group

Underwrites insurance, reinsurance, and mortgage insurance

Arch Capital Group operates globally in three lines: insurance, reinsurance, and mortgage insurance. The Insurance segment covers specialty lines, the Reinsurance segment provides property and casualty reinsurance, and the Mortgage segment offers mortgage insurance and reinsurance products. It underwrites risk, sets premiums, and earns investment income, with mortgage insurance protecting lenders against borrower defaults. Its differentiation comes from disciplined underwriting, strong risk management, and capital allocation, supported by a global footprint and diverse clients; its goal is to maintain financial strength and steady profitability through prudent risk assessment and capital management.

Company size
Not listed
Company stage
IPO
Headquarters
Hamilton, Bermuda
Founded
1995

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