Arch Capital Group Ltd. Philadelphia , PA 19107
Manage and underwrite new and renewal book of business for territory with predominant weighting of targeted accounts.
Develop strong working relationships, both internal and external, to contribute to successfully meeting departmental goals.
Pre-underwrite all renewals at least 90 days out.
Keep current on claims (and claim trends) on all renewals within your assigned book of business to thoroughly understand all claims on your accounts.
As necessary, consult with Compliance, Claims and Actuarial in order to develop proposals.
Make timely and effective recommendations and observations regarding specific accounts or issues at departmental staff meetings.
Adhere to written authority statement and all underwriting guidelines as delivered.
Active pipeline management to exceed broker expectations on service, unearth the best opportunities for new business, recruit resources needed to bind each account.
Maintain or exceed departmental service standards including: initial contact with broker, data accuracy, and proper use of Image Right, appropriate use of departmental underwriting worksheets, file documentation, and referral signoff.
Coordinate with administrative staff to ensure timely and accurate policy issuance on all accounts.
As necessary, coordinate with Finance to resolve payment issues.
Provide regular reports on business operations and results to department management, as required.
Experience: Three to five years underwriting accident and health insurance coverage.
Education: Bachelors' degree preferably in economics, business, finance or a related field. Masters' degree is a plus
Key Competencies: Exemplary oral and written communication skills; analytical, with keen ability to think through issues; solid understanding of accident insurance concepts (experience in scholastic segment is a plus); proactive; able to organize and prioritize to meet multiple demands and commitments; strong work ethic; team player; exhibits leadership potential.
Highly proficient with MS Word, Excel, Outlook