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AVP – Middle Market Excess Team Leader
Company | Arch Capital Group |
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Location | New York, NY, USA |
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Salary | $123600 – $166900 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior, Expert or higher |
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Requirements
- In depth understanding of Umbrella/Excess Liability products and portfolio.
- Communication & Presentation – ability to express ideas and messages in a clear and concise fashion both written and verbal.
- Influence Skills – ability to persuade and motivate others to be prepared and decisive in their day to day work.
- Leading Others – ability to effectively lead others and delegate assignments while holding people accountable for positive results.
- Technical Knowledge – have the requisite knowledge and skills to utilize pricing tools and underwriting authority to make informed and appropriate decisions leading to profitable results.
- 7 to 10+ years of P&C underwriting experience with a minimum of 5 in the Umbrella Excess Underwriting space.
- Four-year college degree, preferably in Business, Economics or Legal.
Responsibilities
- Lead a team of underwriting professionals to effectively manage a portfolio of new and renewal business in accordance with our strategy and profitability goals.
- Underwrite profitable new and renewal business to meet Umbrella/Excess Liability portfolio targets in accordance with underwriting guidelines and underwriting authority.
- Mentor and lead team in negotiating pricing, terms and conditions commensurate with risk quality and loss experience.
- Build and sustain meaningful broker relationships for given territory with consistent visibility and accessibility to these trading partners.
- Augment training conducted by Chief Underwriting Office to ensure team members are knowledgeable and capable in their respective roles.
- Effectively manage referrals from team members within your grant of underwriting authority in a decisive and timely fashion.
- Source and hire new employees as needed and consistently performance manage team members to develop their skills for larger responsibilities.
- Mentor and develop team members to profitably underwrite and manage their portfolio.
- Underwrite new and renewal accounts to meet top and bottom line targets within Umbrella Excess Casualty.
- Ensure that underwriting decisions comply with our governance framework including underwriting authority, pricing tools and rules and regulations mandated by Department of Insurance personnel.
- Stay apprised of changing market conditions to both seize opportunities and/or minimize risk in alignment with profitability goals.
- In parallel with Distribution colleagues, represent Arch Underwriters, Inc. in a positive and professional manner while expecting the same from team members.
- Establish positive working relationships both externally with broker and insureds while also maintaining positive relationship with colleagues in Operations, Engineering and Claims to meet or exceed customer expectations.
- Motivate and inspire team members to be students of the Property/Casualty business while also modeling a culture where learning and development is core value.
Preferred Qualifications
No preferred qualifications provided.