Underwriter, Property Facultative
mcneilNew York, NY
$150,000 per year
Apply nowUnderwriter, Property Facultative
L5
mcneilNew York, NYyesterday
$150,000 per year
Industries
Direct Property and Casualty Insurance CarriersAll Other Insurance Related ActivitiesOther Direct Insurance (except Life, Health, and Medical) CarriersWith 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
EducationBachelor’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
CompensationFor 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.
Benefitsmultiple 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
13100 Arch Reinsurance Company Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.
Apply now
Level
SeniorL5
Salary
$150,000 per year
Location
New York, NY
Occupation
Insurance Underwriters
Industry
Direct Property and Casualty Insurance Carriers
Posted
yesterday
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