The Associate Underwriter will participate in an early career training program to learn underwriting, pricing, and policy contract review. Responsibilities include marketing products to brokers and managing the binding of new and renewal accounts.
Requirements overview
Candidates must have a Bachelor's degree in a relevant field such as Business, Finance, or Insurance & Risk Management with a minimum 3.0 GPA. Strong analytical, communication, and Microsoft Office proficiency skills are required.
Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.
We provide a wide range of property, casualty and specialty insurance for corporations, professional firms and financial institutions across the United States and Canada.
Our insurance group in North America consists of Arch Insurance Company, Arch Specialty Insurance Company and Arch Excess & Surplus Insurance Company. Arch Insurance Group's executive offices are located in New York City, with regional offices located in New York City (Northeast Region), Atlanta (Southeast Region), Chicago (Central Region) and San Francisco (Western Region), as well as other offices throughout the U.S. to support our business. Arch Insurance Company also operates a branch office in Toronto, Canada.
ACGL is a Bermuda public limited liability company that provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
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℠.
Position Summary
This position is intended for a candidate seeking growth opportunity in a dynamic organization. The Associate Underwriter will join a specific business unit, as assigned, and will receive ongoing on-the-job training in their line of business. The Associate also will be part of the company’s Early Career Program. The Early Career Program Underwriting Track is a one-year training program geared toward ambitious college graduates looking to launch a high-performing career in underwriting with a world-wide insurance leader. During the one-year program, associates receive specialized training that can position them for career advancement and valuable industry certifications.
Responsibilities
As the Associate develops skill and gains experience, on-the-job responsibilities will include but are not limited to:
Marketing Arch products and services to wholesale and retail brokers
Underwriting and pricing products, including:
Financial analysis
Exposure analysis
Policy contract review and rating
Claims review
Binding new and renewal accounts according to our underwriting philosophy and strategy
Servicing our brokers and customers
Education & Required Skills
Recently completed a Bachelor’ Degree in Insurance & Risk Management, Business, Liberal Arts, Communications, Psychology, Finance, or relevant degree.
Minimum 3.0 GPA or higher.
Highly proficient with Microsoft Office tools including Word, Excel, and Outlook.
Exemplary oral and written communication skills.
Analytical, with keen ability to think through issues.
Proactive; able to organize and prioritize to meet multiple demands and commitments.
Strong work ethic; team player; exhibits leadership potential.
Location & Work Arrangement
The Early Careers Program (ECP) begins Summer 2027. A new hire for this role would start between January - June 2027.
This position is classified as a hybrid position. You will work 3 days onsite and 2 days from home.
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.
70,000-75,000
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.
14400 Arch Insurance Group Inc.