Underwriter, Finance & Insurance
arch insurance groupSpringfield, IL
Underwriter, Finance & Insurance
L5
arch insurance groupSpringfield, ILtoday
Industries
Direct Property and Casualty Insurance CarriersAll Other Insurance Related ActivitiesOther Direct Insurance 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. The Underwriter, Finance & Insurance (F&I), will support underwriting execution, risk evaluation, pricing analysis, and portfolio monitoring for F&I products including Debt Protection Products (Gap, Excess Wear & Tear), Vehicle Service Contracts, Ancillary Service Contracts, Limited Warranties, Auto Deductible Reimbursement, and Vehicle Protection Products. Evaluate risk selection, pricing, and program structure for new and existing accounts within assigned authority and established underwriting guidelines. Support the development and documentation of underwriting guidelines, pricing assumptions, and portfolio optimization initiatives in partnership with the AWLS management team. Analyze portfolio performance, loss trends, audits, and KPIs; Refer large, complex, special risk, or sensitive accounts to senior underwriting leadership with clear analysis and recommended next steps. Participate in onboarding, training, and knowledge-sharing activities to promote consistency across the underwriting team. Support the end-to-end underwriting lifecycle, including quote letter development, binding, policy issuance coordination, and post-bind activities. Review portfolio reports, loss projections, and performance metrics; Maintain working knowledge of F&I products, regulatory considerations, trade association updates, and competitive market dynamics. Stay informed on industry trends and emerging risks; share observations and support updates to underwriting approach and risk appetite as directed. Underwriting experience in F&I, specialty insurance, or related lines. Ability to evaluate risk, interpret loss experience, analyze financial information, and prepare sound underwriting recommendations. Proficiency in Excel and data analysis tools. Experience supporting underwriting audits, pricing models, portfolio reviews, or client reporting. Bachelor's degree in Business, Finance, Accounting, Economics, or related field, or equivalent experience. Proficiency in Excel is required.#LI-Remote#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. Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; 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; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; multiple medical plans plus dental, vision and prescription drug coverageup to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offerbasic Life and AD&D Insurance as well as Short and Long-Term Disability Student Loan Assistance and Tuition Reimbursement Backup Child and Elder Care14400 Arch Insurance Group Inc.
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Level
SeniorL5
Location
Springfield, IL
Occupation
Insurance Underwriters
Industry
Direct Property and Casualty Insurance Carriers
Posted
today
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