At a Glance
- Tasks: Lead and mentor underwriting teams while making key technical decisions.
- Company: Join Arch Capital Group, a collaborative company focused on innovation and client success.
- Benefits: Enjoy a supportive work culture with opportunities for professional growth and development.
- Why this job: Be part of a dynamic team that empowers you to make impactful decisions in the insurance industry.
- Qualifications: A levels preferred; CII qualifications or a degree are a plus but not essential.
- Other info: Experience in Property/Casualty underwriting is desirable; EU work permit required.
The predicted salary is between 36000 - 60000 £ per year.
Social network you want to login/join with: Branch Underwriting Manager, Southampton col-narrow-left Client: Arch Capital Group Location: Southampton, United Kingdom Job Category: Other – EU work permit required: Yes col-narrow-right Job Reference: a725ab13062c Job Views: 5 Posted: 02.06.2025 Expiry Date: 17.07.2025 col-wide Job Description: 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℠. Role Summary and Purpose The Underwriting Manager reports directly to the Branch Manager for the region. The role of the Underwriting Manager is to support Regional Portfolio Underwriting Manager in the development of underwriting teams to build technical excellence, ensure the Arch underwriting and pricing strategies are applied and evidenced appropriately and ensure profit and income targets are achieved. The Underwriting Manager will act as the key referral point within a branch in those instances where a Regional Portfolio Underwriting Manager is not based within that specific branch. A key requirement of the role is to provide branch underwriting leadership and ensure underwriters are empowered to make decisions within the limits of their underwriting authorities and ensure a cohesive and collaborative environment is supported at all levels of the UK regional business. The role will contribute towards the development of business plans and business development activities as appropriate. Strong written, verbal and interpersonal communication skills are required to build both internal relationships within the broader Arch Insurance group and within the regional broker community. Key Tasks and Responsibilities Technical Skills and Expertise Responsibilities include: Working at the direction of the Regional Portfolio Underwriting Managers and Branch Managers to maximise new business gains and renewal retention and deliver to plan Working closely with Strategy & Distribution Team to support the development of strategic business partnerships Acting as the ultimate referral point in a branch (without Regional Portfolio Underwriting Managers in residence) for technical underwriting decisions to determine the desirability of accepting or rejecting risks (within appetite) and ensuring exposures are priced appropriately Developing solutions for complex underwriting problems within authority and risk appetite, coordinating required underwriting follow-up actions Establishing strong relationships with underwriters to ensure a mutual understanding of Arch underwriting philosophy Ensuring underwriting activities are executed within individual authorities, aligned to individual underwriter abilities and decisions evidenced by appropriate diligence and supporting rationales Regularly engaging with underwriters to develop, mentor, motivate and empower them Developing and maintaining strong relationships with brokers in the region to generate new business opportunities and support the sales initiatives of the Broker Relationship Development community Ensuring the highest level of customer satisfaction while meeting production and business goals Contributing to the development and implementation of continuous improvement initiatives Assisting to ensure that appropriate underwriting governance and controls are in place and underwriting documentation is maintained to meet internal quality control and external regulatory and legal needs Demonstrating an understanding of regulatory and compliance processes and actively participate in relevant governance committees Leadership Skills Ability to provide leadership, develop and mentor branch underwriters Strong analysis skills with the ability to interpret complex data sets and effectively communicate technical decisions and the underlying rationale to others Ability to work in a cohesive manner as part of a team spanning different functions and/or geographies Ability to balance multiple priorities, organise work and meet deadlines Role Requirements & Skills High level of commercial insurance knowledge and strong technical underwriting skills Knowledge of regional Brokers and market conditions Capacity to contribute towards business planning and strategy development Track record of building and influencing broker relationships Passionate people leader with the ability to develop cohesion and sense of purpose across different teams Qualifications Minimum A level standard preferred Chartered Insurance Institute (CII) qualifications or University Degree (or similar) desirable but not essential for the role Experience Extensive underwriting knowledge in Property / Casualty /awareness of Motor trade and Fleet would be desirable #J-18808-Ljbffr
Branch Underwriting Manager employer: Arch Capital Group
Contact Detail:
Arch Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Branch Underwriting Manager
✨Tip Number 1
Familiarise yourself with Arch Capital Group's underwriting philosophy and strategies. Understanding their approach will help you align your experience and ideas with their expectations during discussions.
✨Tip Number 2
Network with current employees or industry professionals who have experience in similar roles. Engaging in conversations can provide insights into the company culture and specific challenges faced by the team.
✨Tip Number 3
Prepare to discuss your leadership style and how you've successfully developed and mentored teams in the past. Highlighting your ability to empower underwriters will resonate well with the hiring managers.
✨Tip Number 4
Stay updated on the latest trends in the insurance market, particularly in property and casualty sectors. Demonstrating your knowledge of market conditions and broker relationships will set you apart from other candidates.
We think you need these skills to ace Branch Underwriting Manager
Some tips for your application 🫡
Understand the Role: Before applying, take the time to thoroughly understand the responsibilities and requirements of the Branch Underwriting Manager position. Familiarise yourself with Arch Capital Group's culture and values, as this will help you tailor your application.
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, leadership, and relationship management. Use specific examples that demonstrate your technical skills and ability to mentor others, as these are key aspects of the role.
Craft a Compelling Cover Letter: Your cover letter should not only express your interest in the position but also showcase your understanding of the company's goals. Discuss how your background aligns with their mission to enable possibility and how you can contribute to their success.
Highlight Communication Skills: Given the importance of strong communication in this role, ensure that your application reflects your verbal and written communication skills. Provide examples of how you've successfully built relationships within teams or with external partners.
How to prepare for a job interview at Arch Capital Group
✨Understand the Company Culture
Before your interview, take some time to research Arch Capital Group's company culture. They value collaboration, expertise, and innovation, so be prepared to discuss how your experiences align with these values.
✨Showcase Your Technical Skills
As a Branch Underwriting Manager, you'll need strong technical underwriting skills. Be ready to provide examples of complex underwriting decisions you've made in the past and how they contributed to business success.
✨Demonstrate Leadership Abilities
This role requires you to mentor and develop underwriters. Prepare to discuss your leadership style and provide examples of how you've successfully led teams or individuals in previous roles.
✨Build Rapport with Brokers
Since building relationships with brokers is key to this position, think of ways to demonstrate your experience in developing and maintaining strong broker relationships. Share specific examples of how you've generated new business opportunities through these connections.