AVP, Underwriting Technical Excellence
Arch Capital Group, Washington, District of Columbia, us, 20022
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 As a part of the Middle Market Excess CUO leadership team, you will contribute to the growth and profitability of the Middle Market Excess casualty business through expert advisory and underwriting support. You will play a critical part in supporting and developing our team and maintaining the integrity and reliability of our underwriting processes and enabling staff development in underwriting best practices and product expertise. Requires an extensive level of knowledge in assigned product lines, and technical knowledge of underwriting concepts, systems, practices, procedures, and techniques.
Responsibilities and Accountabilities
Assists in the creation, review, evaluation, cascade, and recommended modifications to underwriting guidelines.
Assists other members of the business including Underwriters and Zone Leaders in using the underwriting system, and/or technical knowledge and development.
Leads new employee onboarding and training.
Performs related duties as requested to include report preparation, presentations, and special projects to assist in ensuring the success of the various product lines.
Assists in planning and conducting comprehensive audits and quality reviews of underwriting files to ensure compliance with internal guidelines, regulatory requirements, and industry best practices.
Provides significant input to the development of product capabilities, services, and geographic focus.
Analyze underwriting decisions to identify trends, opportunities for process improvement, and training needs. This will involve collaborating to drive quality improvements and implement corrective actions.
Holds authority and assists in managing complex accounts and handling referrals from underwriting teams as needed.
Document findings, prepare detailed reports, and communicate feedback to department leadership and key stakeholders.
Assist in the development and maintenance of quality assurance standards, policies, and procedures.
Monitor quality metrics and support the creation of dashboards and reporting tools.
Stay ahead of industry trends, conduct research of new sectors, and develop innovative coverage solutions to expand the book of business.
Travel required 10% -25% for audits, meetings, trainings, etc.
Required Skills and Abilities
Strong verbal and written communication skills including negotiation skills.
Self-driven, detail oriented, and strong organizational skills including time-management and prioritization.
Strong Underwriting, organization and systems operation skills.
$111,100 - $188,900/year + 15% 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.
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Position Summary As a part of the Middle Market Excess CUO leadership team, you will contribute to the growth and profitability of the Middle Market Excess casualty business through expert advisory and underwriting support. You will play a critical part in supporting and developing our team and maintaining the integrity and reliability of our underwriting processes and enabling staff development in underwriting best practices and product expertise. Requires an extensive level of knowledge in assigned product lines, and technical knowledge of underwriting concepts, systems, practices, procedures, and techniques.
Responsibilities and Accountabilities
Assists in the creation, review, evaluation, cascade, and recommended modifications to underwriting guidelines.
Assists other members of the business including Underwriters and Zone Leaders in using the underwriting system, and/or technical knowledge and development.
Leads new employee onboarding and training.
Performs related duties as requested to include report preparation, presentations, and special projects to assist in ensuring the success of the various product lines.
Assists in planning and conducting comprehensive audits and quality reviews of underwriting files to ensure compliance with internal guidelines, regulatory requirements, and industry best practices.
Provides significant input to the development of product capabilities, services, and geographic focus.
Analyze underwriting decisions to identify trends, opportunities for process improvement, and training needs. This will involve collaborating to drive quality improvements and implement corrective actions.
Holds authority and assists in managing complex accounts and handling referrals from underwriting teams as needed.
Document findings, prepare detailed reports, and communicate feedback to department leadership and key stakeholders.
Assist in the development and maintenance of quality assurance standards, policies, and procedures.
Monitor quality metrics and support the creation of dashboards and reporting tools.
Stay ahead of industry trends, conduct research of new sectors, and develop innovative coverage solutions to expand the book of business.
Travel required 10% -25% for audits, meetings, trainings, etc.
Required Skills and Abilities
Strong verbal and written communication skills including negotiation skills.
Self-driven, detail oriented, and strong organizational skills including time-management and prioritization.
Strong Underwriting, organization and systems operation skills.
$111,100 - $188,900/year + 15% 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.
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