Arch Capital Services LLC Logo

Arch Capital Services LLC

AVP, Commercial Surety

Reposted 14 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
133K-207K Annually
Senior level
In-Office
Chicago, IL, USA
133K-207K Annually
Senior level
Oversee regional commercial surety underwriting and production. Analyze credit and financial statements, prepare underwriting submissions, manage a book of business, cultivate producer relationships, monitor account compliance, and recommend risk-mitigation actions to meet profitability objectives.
The summary above was generated by AI

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℠.

Job Summary

Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management.

Responsibilities

  • Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
  • Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.
  • Develop and maintain strong working relationships with assigned producers and cultivate new relationships
  • Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by regional leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region
  • Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation
  • Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;

Key Competencies

  • Proficient in financial statement, credit and risk analysis
  • Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character
  • Strong communication and organizational skills
  • Ability to multi-task and prioritize workload to meet agreed upon expectations
  • Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures.

Education

  • College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience.

Experience

  • Minimum of six years surety underwriting experience and/or equivalent surety related experience required.

#LI-JD1

#LI-Hybrid

#LI-Remote

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$133,300 - $206,958/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

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.

For Colorado Applicants - The deadline to submit your application is:

July 09, 2026

14400 Arch Insurance Group Inc.

Arch Capital Services LLC Chicago, Illinois, USA Office

311 South Wacker Drive, Suite 3700, Chicago, United States, 60606

Similar Jobs

2 Minutes Ago
Remote or Hybrid
United States
150K-180K Annually
Senior level
150K-180K Annually
Senior level
Cloud • Insurance • Payments • Software • Business Intelligence • App development • Big Data Analytics
Lead product marketing for Applied's carrier-facing portfolio: set strategy, positioning, brand architecture, launches, and GTM. Build and lead a PMM team, drive market/competitive intelligence, win/loss research, partner cross-functionally with Product, Sales, and Marketing, and report PMM-influenced metrics while championing AI-enabled tooling.
Top Skills: Ai ToolingAnalyticsCytoraIvans
5 Hours Ago
Remote or Hybrid
United States
175K-220K Annually
Expert/Leader
175K-220K Annually
Expert/Leader
Consumer Web • eCommerce • Internet of Things
Own and evolve the cloud-native platform for a multi-tenant DNS-native identity service: design infrastructure architecture, ensure production readiness (SLOs, DR, runbooks), operate DNS and PKI/signing systems, build CI/CD and supply-chain controls, instrument observability, automate audit evidence, manage cost and capacity, lead incident response and on-call, and mentor the engineering team to scale operational practices for enterprise launch.
Top Skills: ArgocdAWSCosignDnsDnssecEfkElkGCPGithub ActionsGitlab CiGoGrafanaHsmJavaScriptKmsKubernetesOpentelemetryPkiPrometheusPythonSigstoreSlsaTerraformTypescript
6 Hours Ago
Remote or Hybrid
United States
121K-149K Annually
Senior level
121K-149K Annually
Senior level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Manage relationships with third-party administrators, vendors, brokers, and Korea-based clients. Negotiate domestic and international vendor and client contracts and SLAs, monitor vendor performance, lead renewals, handle claims escalations, deliver Korean-language onboarding presentations and materials, translate portal/content, and pursue new business opportunities with brokers.

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account