At a Glance
- Tasks: Drive profitability and growth by managing key accounts and delivering exceptional service.
- Company: Join a collaborative and innovative insurance company that empowers progress.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic environment with a focus on collaboration and innovation.
- Why this job: Make a real impact in the insurance industry while working with talented colleagues.
- Qualifications: 3+ years in commercial underwriting and strong interpersonal skills required.
The predicted salary is between 50000 - 60000 € per year.
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℠.
To achieve regional GWP, income and profit objectives through the delivery of an efficient service to brokers, supporting the management of the regional account in conjunction with the regional strategy, financial plan and personal objectives.
Key Tasks and Responsibilities- Achieve Profitability, Growth and Expense targets by managing and operating to the Key Performance Indicators of the region.
- Write renewals and mid-term adjustments of varying complexity up to authority and binder limits.
- Enhance Arch’s standing and presence locally by establishing and maintaining strong personal relationships with key directors and staff at the Region’s most important brokers.
- Contribute towards business Income & Gross Written Premium (GWP) objectives whilst working towards the business’s annual Target Loss Ratios and rate targets.
- Responsibility to ensure survey requests, survey overviews and policy documentation are processed, maintaining all relevant reporting tools.
- Conduct regular case reviews to ensure that technical procedures and standards are followed, in accordance with the Company QA procedures.
- Contribute to the technical knowledge of the Company by feeding back technical and commercial market intelligence to the Regional Director & wider team.
- Maintain personal knowledge of relevant technical issues.
- Work collaboratively with other parts of the organisation, especially the claims and survey teams, when required.
- Understanding your insurance market - at least 3 years' experience in Commercial underwriting (or broking).
- Proven broker account development and management.
- Being able to negotiate flexibly and appropriately – manage a profitable portfolio.
- Renew and manage out individual cases and books of business.
- Effective selling skills demonstrating a range of influencing and negotiation approaches.
- Risk perception/Risk selection skills.
- Pricing of risk accordingly.
- Successfully developing effective trading relationships.
- Consistently achieving goals and objectives.
- Trading successfully in the insurance marketplace.
- Experience working across functions / matrix organisation to collaborate and build strong relationships.
- Minimum Cert CII. Dip CII, or progress towards, is preferred.
The job holder will have at least 3 years Commercial Underwriting experience, strong interpersonal skills and work in a structured, planned manner.
Please note that you must be in your current position for a minimum of 6 months and meet performance expectations in order to apply.
If this job isn't the right fit but you're interested in advancing your career with Arch, create a job alert!
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.
Senior P&C New Business Underwriter employer: Arch Capital Group
At Arch, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Senior P&C New Business Underwriter, you will benefit from a supportive environment that encourages professional growth, offers competitive compensation, and provides opportunities to build strong relationships within the industry. Our commitment to excellence not only enhances your career but also contributes to the success of our clients and communities.
StudySmarter Expert Advice🤫
We think this is how you could land Senior P&C New Business Underwriter
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. Building relationships with brokers and other professionals can open doors to opportunities that aren’t even advertised.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, don’t hold back on showcasing your knowledge. Share insights about the insurance market and discuss how you’ve tackled complex underwriting challenges. This will help you stand out as a candidate who truly understands the field.
✨Be Ready to Negotiate
In the world of underwriting, negotiation is key. Be prepared to discuss your past experiences and how you’ve successfully managed portfolios. Show them you can negotiate flexibly and effectively, which is crucial for the role.
✨Apply Through Our Website
If you’re keen on this Senior P&C New Business Underwriter position, make sure to apply through our website. It’s the best way to ensure your application gets noticed, and you’ll be part of a company that values collaboration and innovation!
We think you need these skills to ace Senior P&C New Business Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your commercial underwriting experience and any relevant qualifications like Cert CII or Dip CII. We want to see how you fit into our culture of collaboration and innovation!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our goals. Don’t forget to mention your ability to build strong relationships with brokers, as that’s key for us.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to meet profitability and growth targets. We love numbers, so if you can quantify your successes, do it! It shows us you know how to deliver results.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you can easily keep track of your application status there!
How to prepare for a job interview at Arch Capital Group
✨Know Your Market Inside Out
Make sure you brush up on your knowledge of the insurance market, especially in commercial underwriting. Familiarise yourself with current trends, key players, and any recent changes that could impact the industry. This will not only show your expertise but also demonstrate your commitment to staying informed.
✨Build Rapport with Brokers
Since the role involves managing relationships with brokers, think about how you can showcase your interpersonal skills during the interview. Prepare examples of how you've successfully developed and maintained broker relationships in the past. This will highlight your ability to enhance the company's standing locally.
✨Demonstrate Your Negotiation Skills
Be ready to discuss specific instances where you've negotiated effectively in your previous roles. Highlight your flexibility and approach to managing a profitable portfolio. This will give the interviewers confidence in your ability to handle complex cases and renewals.
✨Showcase Your Collaborative Spirit
Collaboration is key in this role, so prepare to talk about how you've worked across functions in your previous positions. Share examples of how you've collaborated with claims and survey teams to achieve common goals. This will illustrate your ability to work within a matrix organisation and contribute to the overall success of the team.
