Jobs Companies Arch Capital Group Underwriter, Property Facultative

About this Underwriter, Property Facultative role at Arch Capital Group

Arch Capital Group · Onsite · New York, NY United States of America

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℠.

The Position

Arch Re Fac’s Underwriters are members of a team spanning the United States, Canada and Europe focused on developing strong, mutually beneficial business relationships with primary insurance company underwriters and brokers. This position will require some domestic travel, approximately 15%.

Responsibilities

Underwriters are responsible for developing client relationships and submission flow, as well as underwriting and negotiating the transactions.  

Required Skills

  • 3-5+ years property insurer or reinsurer underwriting experience

Desired Skills

  • Proven ability to work as part of a team
  • Demonstrated customer-service focus coupled with strong negotiation skills
  • Strong Property Underwriting Acumen including an understanding of coverage, risk hazards and policy forms
  • Excellent written and verbal communication skills 
  • Sound Computer/Technology skills
  • Desire for continued learning

Education

  • Bachelor’s degree (ideally with a degree/major in Risk Management, Economics, or Business) or equivalent training required
  • Additional industry-specific study and designations (such as CPCU, ARe) a plus

#LI-JD1

#LI-Hybrid

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$150,000 - $205,000/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 pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. 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.

13100 Arch Reinsurance Company
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How this Underwriter salary compares

This role pays $177,500/yrabove the typical range for Underwriter roles.

$72,000 median $114,000 $161,378

Typical range $89,911–$143,998/yr, from 410 comparable Underwriter listings on JobsRadar (pay annualized to USD). See Underwriter salary insights →

About Arch Capital Group

Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal. Please know the following about our interviewing and hiring practices. We never make job offers without a formal, in person, interview process. We never ask you to send money of any kind.

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