This position is intended for a candidate seeking growth opportunity in a dynamic organization. The Associate Underwriter will join a specific business unit, as assigned, and will receive ongoing on-the-job training in their line of business. The Associate also will be part of the company’s Early Career Program. The Early Career Program Underwriting Track is a one-year training program geared toward ambitious college graduates looking to launch a high-performing career in underwriting with a world-wide insurance leader. During the one-year program, associates receive specialized training that can position them for career advancement and valuable industry certifications.
Job Responsibilities
As the Associate develops skill and gains experience, on-the-job responsibilities will include but are not limited to:
Marketing Arch products and services to wholesale and retail brokers
Underwriting and pricing products, including:
Financial analysis
Exposure analysis
Policy contract review and rating
Claims review
Binding new and renewal accounts according to our underwriting philosophy and strategy
Servicing our brokers and customers
Desired Skills/Experience
Highly proficient with MS Word, Excel, Outlook
Exemplary oral and written communication skills; analytical, with keen ability to think through issues; solid understanding of financial statements; proactive; able to organize and prioritize to meet multiple demands and commitments; strong work ethic; team player; exhibits leadership potential.
Education
Four-year degree desired, preferably in economics, business, finance, or risk management.
The Company
Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.
OVERVIEW
Arch Insurance is a market-leading insurer in the U.S. We provide a wide range of property, casualty and specialty insurance for corporations, professional firms and financial institutions across the U.S. We invite you to learn more about our products, our superior underwriters and our claims service. We think you will soon appreciate why Arch Insurance has developed a stellar reputation in the insurance marketplace.
Our insurance group consists of Arch Insurance Company, Arch Specialty Insurance Company, Arch Property Casualty Insurance Company (formerly Arch Excess & Surplus Insurance Company. Name changed in state of domicile and filings underway in all other jurisdictions where required) and Arch Indemnity Insurance Company. Arch Insurance Group's executive offices are located at One Liberty Plaza in New York City, with regional offices located in New York City (Northeast Region), Atlanta (Southeast Region), Chicago (Central Region), San Francisco (Western Region) and Dallas (South Central Region). In addition, a number of other offices throughout the U.S. have been established to support our business. Our operations center is based in Jersey City, New Jersey. We o...ffer multiple channels of distribution for our products depending on customer and broker preferences.