Senior Underwriter

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role purpose

·        Senior underwriting position within the PI team

·        Requires an experienced London Market underwriter in the PI class

·        Role will be support the Line of Business Head in the marketing, underwriting and servicing of business

Key Responsibilities

• Assessment of suitability of risks (renewals and new business), pricing exposures in accordance with approved rating model, discretionary pricing mechanisms, and general business unit guidelines.

• Identify the need for and evaluate additional risk assessment information including Underwriter Representatives’ reports, actuarial and financial reports and statements; and any / all other publicly available information.

• Source input from, and work in conjunction with stakeholders in other departments including claims, actuarial, and operations.

• Maintain ongoing liaison with producers to obtain supplemental underwriting information, evaluate risks, decline risks, analyse and interpret coverage, explain underwriting requirements and expectations, and present terms.

• Oversee risks through the life-cycle of a policy: pre-renewal, renewal, ongoing management. Provide best in class service to internal and external stakeholders.

• Perform marketing activities including maintenance of key producer and client relationships. Regularly meet with clients formally and informally. Keep up to date pertinent market developments.

• Implement ceded reinsurance actions in accordance with Arch Insurance and business unit guidelines.

• Support LOB Head in development and implementation of business planning, data analysis, management and Lloyd’s reporting.

• Support LOB Head in development and mentoring of junior members of the underwriting team

Role Requirements

Skills and Competencies

• Technical and analytical skills

• Client & broker relationship management

• Regulatory & compliance awareness

• Problem solving, negotiation & decision making

• Strong interpersonal and leadership skills demonstrating an ability to teach, influence and motivate others

• Strong written and verbal communication skills

Qualifications

• University degree and professional certification desired with suitable underwriting experience

• Knowledge and understanding of rating, coverage and regulations that cover the class of business.

Experience

• Extensive experience in an underwriting position in the London / Lloyd’s Market.

• Demonstrated competence in maintaining broker/client relationships.

• Experience or demonstrated the aptitude to operate in a leadership / mentoring position within team structure.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd