AVP, Middle Market Solutions

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AVP, Middle Market Solutions/Executive Underwriter Job Description

Specific responsibilities could include:

• Participate in the development and execution of regional Underwriting strategy for LoB(s) and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling
• Ensure a profitable book of Property and Casualty insurance by writing new accounts with varying premiums and complexity, growing successful agent and broker relationships
• Underwrite new and renewal accounts to meet top and bottom-line targets
• Negotiate price and terms and conditions with producers
• Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)
• Ensure contract certainty is achieved on all accounts at time of inception
• Ensure utilization of global pricing tools
• Ensure placing and binding of FAC Reinsurance prior to policy inception
• Underwrite in line with LOB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
• Proactively support completion of policy administration and credit control processes
• Contribute to development and execution of regional Underwriting strategy for LoB regionally
• Training, developing and coaching of less experienced staff (including Underwriters)
• Proactively support acquisition of new business and retention of existing business  (including client and producer negotiations where necessary)
• Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate
• Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)                                                                                                     

Ideal Candidate:

• 7-10 years experience in proven track record in Underwriting profitable business in LoB. Good understanding of LoB products and portfolio
• 7-10 years experience in demonstrating established relationships with brokers at peer group level and established within market
• 7-10 years experience in understanding of regional / local LoB insurance markets and competitor landscape

• College degree preferably in Economics, Finance, Insurance Management, or Business Administration          
• Completion of professional insurance qualification (e.g. CII)        

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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.

$120,000-$185,000 + 16% Target bonus

• 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.

   

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