At a Glance
- Tasks: Underwrite and interact with clients, analysing risks and building relationships.
- Company: Join a collaborative and innovative company that enables possibilities.
- Benefits: Competitive salary, professional development, and opportunities for travel.
- Why this job: Solve complex problems and work with talented colleagues in a dynamic environment.
- Qualifications: University degree required; industry experience and strong communication skills preferred.
- Other info: Exciting career growth opportunities and a chance to make an impact.
The predicted salary is between 36000 - 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 Possibilityâ„ .
The primary responsibility of this role is a mix of underwriting and client interaction – two dynamic areas requiring flexibility of approach and a detailed knowledge of the market environment you operate within. You will be working directly with clients and brokers.
Responsibilities- Underwriting for new and existing clients in accordance with the Arch Re underwriting philosophy.
- Analyse and assess Property submissions in respect of coverage and risk hazards, determine capacity and offer proposals for lead or follow business.
- Broker and cedant visits/calls to develop relationships with individual client contacts.
- Build and maintain knowledge of the geographic markets you operate in with respect to wording, law, regulation as well as brokers and competitors.
- Provide timely and quality service.
- Promote positive interaction and collaboration with internal peers.
- Communicate actively, timely and with openness.
- Represent Arch Re in meetings with clients and brokers.
- A University Degree required; professional re/insurance designations such as ACII or CPCU would be an asset.
- Currently working in the market with a good track record and have contacts with both cedants and brokers.
- Proven ability to market to individuals in the industry at all levels.
- Strong interpersonal and communication skills and the ability to work with management at a senior level.
- Demonstrated ability on being team-orientated, efficient and working under pressure.
- Excellent negotiation skills.
- UK & international travel is expected for this position.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.
Underwriter, Facultative employer: Arch Capital Services LLC
Contact Detail:
Arch Capital Services LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter, Facultative
✨Tip Number 1
Networking is key! Get out there and connect with industry professionals, especially brokers and cedants. Attend events, join online forums, and don’t be shy to reach out on LinkedIn – it’s all about building those relationships.
✨Tip Number 2
Prepare for interviews by brushing up on your market knowledge. Understand the latest trends and challenges in underwriting and be ready to discuss how you can add value. We want to see your expertise shine!
✨Tip Number 3
Showcase your interpersonal skills during client interactions. Practice active listening and be open in your communication. Remember, it’s not just about what you say, but how you make others feel that counts!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you can set up job alerts to stay updated on new opportunities that match your skills and interests.
We think you need these skills to ace Underwriter, Facultative
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Underwriter role. Highlight your underwriting experience and any relevant qualifications, like ACII or CPCU, to show us you’re a great fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about underwriting and how your background makes you the perfect candidate. Don’t forget to mention your interpersonal skills and ability to build relationships!
Showcase Your Market Knowledge: We want to see that you understand the market environment. Include examples of how you've navigated challenges in underwriting or built relationships with brokers and clients. This will demonstrate your expertise and readiness for the role.
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 don’t miss out on any important updates. Plus, it shows us you’re keen to join our team!
How to prepare for a job interview at Arch Capital Services LLC
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially regarding property submissions and risk assessment. Familiarise yourself with Arch Re's underwriting philosophy so you can speak confidently about how your approach aligns with their values.
✨Build Rapport with Brokers
Since this role involves a lot of client interaction, practice your relationship-building skills. Think of examples from your past experiences where you've successfully developed relationships with brokers or clients, and be ready to share these during the interview.
✨Stay Updated on Market Trends
Research the current market environment, including regulations and competitors. Being able to discuss recent trends or changes in the industry will show that you're proactive and knowledgeable, which is crucial for this role.
✨Demonstrate Your Communication Skills
Prepare to showcase your strong interpersonal and communication skills. Think of scenarios where you've effectively communicated with senior management or worked under pressure, as these are key aspects of the job. Practising clear and concise responses will help you shine.