Avp, Product Development - Lenders

Arch Capital Group Ltd. Kansas City , MO 64126

Posted 2 months ago

The Position

Mid-level Product Development drafting technician to work in Arch Insurance's Enterprise Product Development team within Corporate Underwriting Services (CUS) to service Arch Insurance's Lenders business unit.

Job Responsibilities

  • New product development with focus on new product design, policy form drafting and implementation.

  • Communicate and collaborate with Underwriters, Managers, Claim Attorneys, Compliance and Legal departments to ensure products remain competitive while protecting profitability.

  • Interact with state Insurance and Financial related regulatory agencies as required.

  • Help business unit identify and prioritize product development needs.

  • Remain apprised of and monitor U.S. case law, regulations, legal trends and emerging issues affecting such insurance coverage.

Desired Skills/Experience

  • Minimum of 10 years of underwriting or insurance regulatory experience that includes commercial insurance contract drafting. Neither a C.P.C.U. nor a J.D. is required, but preferred.

  • Strong understanding of Credit, F&I, Contractual Liability Insurance, Commercial Automobile and Warranty insurance coverages. Includes Collateral Protection Insurance and other Lenders-related Finance/Insurance products such as loan collateral, debt protection, auto-related warranty and service contract risks.

  • Thorough understanding of insurance contract language and legal precedent including the ability to review and assess relevant regulatory changes or legal decisions impacting insurance contract language.

  • Ability to manage projects from concept to fruition with minimal oversight.

  • Strong oral and written communication skills, with attention to detail.

  • Excellent time management and organizational skills.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Vice President Lenders

Arch Capital Group Ltd.

Posted 4 days ago

VIEW JOBS 4/4/2020 12:00:00 AM 2020-07-03T00:00 The Position The Claims Division is seeking a new team member to join the Lenders Team as a Vice President in the Kansas City, MO office. In this role, responsibilities include but are not limited to actively manage and effectively oversee the team as well as collaborate with Underwriters, Compliance, Finance, and Legal business units to identify and prioritize product development and account management. Job Responsibilities * Manage work-flows to maximize productivity, efficiency, and expense control * Review Arch's existing claim protocols and supplement those protocols as circumstances warrant * Significant interaction with Arch's clients as well as Senior Management Teams * Other responsibilities as needed Desired Skills/Experience * College degree; Juris Doctorate degree preferred * 10-15 years related claims/legal experience * Strong understanding of Credit, Contractual Liability Insurance, Commercial Automobile and Warranty Insurance coverages is preferred * Background or knowledge of collateral protection and other finance and insurance products such as loan collateral, debt protection, auto related warranty and service contract risks * Understanding of state regulations and legal trends affecting insurance coverage * Thorough understanding of insurance contract language * Strong leadership skills * Ability to manage projects from concept to fruition with minimal oversight * Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word * Ability to work well independently and in a team environment * Exceptional communication (written and verbal), influencing, evaluation, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external professionals of all levels as well across across organizational lines * Strong problem-solving, analytical and organizational skills * Ability to take part in active strategic discussions * Ability to analyze, organize and present information in a clear and succinct manner * Exceptional time management skills * Ability to multi-task 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. Arch Capital Group Ltd. Kansas City MO

Avp, Product Development - Lenders

Arch Capital Group Ltd.