Executive Underwriter, Commercial Surety

 Posted 2 hours ago
     
 $115K - $140K per year
  
2-5 years experience
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AI Summary

Perform high-level financial analysis and risk assessment to determine the credit quality and acceptability of commercial surety risks. Develop and manage a profitable book of business by cultivating strategic relationships with producers.

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℠.

Position Summary

Partnering with a regional leader, provide underwriting and marketing duties by conducting high levels of financial analysis, risk assessment and utilizing technical underwriting expertise to determine credit quality and underwriting acceptability.

Responsibilities and Accountabilities

  • Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
  • 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 management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory
  • Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed
  • Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;
  • Performs additional projects as requested by Regional Lead

Required Skills and Abilities

  • Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract accounts
  • 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.
  • Strong computer skills including proficiency in Microsoft Office software products.

Education and Experience

  • Minimum of four years surety underwriting experience and/or equivalent surety related experience required.
  • AFSB designation preferred. 

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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.

For SF/LA/Seattle: $115,000 - $140,000/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.

14400 Arch Insurance Group Inc.

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