PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
Time zones
US Eastern Time
Experience & eligibility
Education
Bachelors or higher degree in Finance, Economics, Accounting Business or equivalent preferred work experience in a related field
Experience
5+ years Surety underwriting experience and/or equivalent surety related experience preferred
Skills
Underwriting
Financial Analysis
Risk Assessment
Surety Insurance
Compensation & benefits
Benefits
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
Bonus / commission
Position is incentive eligible.
Estimated salary
USD 86,300–194,516 / year
Inside the role
Department
Underwriting
Responsibilities
Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
Develop and maintain strong working relationships with assigned producers and cultivate new relationships
Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory
Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed
Prepare underwriting submissions, making recommendations and/or decisions within established authority limits
Assist in internal reporting and preparing/implementing regional business plan and budget
Qualifications
Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract surety accounts
Strong oral and written communication and organizational skills
Ability to multi-task and prioritize workload to meet agreed upon expectations
Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures
Strong leadership skills
Extracted from the source posting · 95% confidence
Arch is hiring an Executive Underwriter/Underwriting Manager for contract surety to evaluate credit quality and manage a book of business. The role involves underwriting submissions and monitoring accounts within New York, New Jersey, or remote settings. Base salary ranges from $86,300 to $194,516 annually depending on the specific level.
Time zones
US Eastern Time
Compensation
USD 86,300–194,516 / year
What you need
Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract surety accounts
Strong oral and written communication and organizational skills
Ability to multi-task and prioritize workload to meet agreed upon expectations
Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures
Strong leadership skills
What you will own
Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
Develop and maintain strong working relationships with assigned producers and cultivate new relationships
Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory
Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed
Prepare underwriting submissions, making recommendations and/or decisions within established authority limits
Assist in internal reporting and preparing/implementing regional business plan and budget
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℠.
*Location: Can be Hybrid OR Remote*
Position Summary:
Under direction, provide underwriting and marketing duties by imparting high levels of financial analysis, risk assessment and technical underwriting expertise to determine credit quality and underwriting acceptability.
Responsibilities and Accountabilities:
Gather and analyze information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
Develop and maintain strong working relationships with assigned producers and cultivate new relationships
Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by management. This includes building and growing strategic relationships as well as finding opportunity for new business within the defined territory
Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed
Prepare underwriting submissions, making recommendations and/or decisions within established authority limits
Assist in internal reporting and preparing/implementing regional business plan and budget
Perform additional projects as requested by Branch Manager
Required Skills and Abilities:
Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract surety accounts
Strong oral and written communication and organizational skills
Ability to multi-task and prioritize workload to meet agreed upon expectations
Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures
Strong leadership skills
Desired Skills and Abilities:
Strong computer skills including proficiency in Microsoft Office software products
Education and Experience:
5+ years Surety underwriting experience and/or equivalent surety related experience preferred
AFSB designation preferred
Bachelors or higher degree in Finance, Economics, Accounting Business or equivalent preferred work experience in a related field
#LI-Hybrid
#LI-Remote
#LI-JD1
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.
$86,300 - $194,516/year
Executive Underwriter, for NY, NJ: $86,300 - $134,011/year Underwriting Manager, for NY, NJ: $133,300 - $194,516/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.
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.
