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Underwriting Specialist – Middle Market Property – San Francisco– West Zone
Arch Insurance is growing! We are looking for a commercial property expert for a Middle Market Property underwriting role in our West Zone. This role will include both new business production and renewal management. You’ll be working with brokers in the West, but risks could be anywhere in the US. Our Middle Market Property unit utilizes a proprietary property form and writes ground up, full limit Property structures. As an underwriter, you will be charged with directly underwriting, servicing and growing a book focused on Real Estate, Hospitality, Manufacturing, Healthcare, and Wholesale Distribution business. On our team, the Underwriters are responsible for marketing to their assigned brokers to bring in opportunities and will work closely within the property product team and package underwriters to drive profitable growth.
Responsibilities:
- Establish relationships with key trading partners and drive submission activity across assigned Brokers.
- Be responsible for profit, growth and retention of assigned book.
- Meet or exceed new business production goals while maintaining profitability across assigned portfolio and adhering to authority and strategies.
- Work collaboratively with internal stakeholders and brokers to retain key assigned renewals and lead coordination of Risk Services & Claims Service plans for key accounts.
- Maintain and develop relationships internally and externally.
- Develop, advance & execute against a prospect pipeline with our trading partners, as well as engaging other business units for cross-selling opportunities.
Desired Qualifications
- Bachelor’s degree;
- 5+ years of Underwriting experience preferably in the Middle Market Monoline Property segment or a Multiline background;
- Confidence to gain a marketplace presence and become a trusted advisor for assigned agents/brokers;
- Presentation and public speaking skills;
- Strong negotiations skills and sales acumen;
- Invest in local broker and insurance marketplace relationships;
- Knowledge and understanding of current insurance marketplace conditions;
- Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority;
- Understanding of Property Insurance coverage, terms and conditions;
- Proficiency in Microsoft Office Suite; and
- Position location needs to be near key trading partners in the San Francisco metro area.
The annualized base pay range for this role is $101,560 - $181,828. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the Arch total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
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For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This range is as of the time of posting. Position is incentive eligible.
$129,500 - $174,800/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 range may be modified in the future
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.
