Associate Underwriter

$70,000 - $75,000/Yr

Arch Capital Group - New York, NY

Full-time - Entry Level

New York, NY

Insurance Carriers and Related Activities

About the position

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

• 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

Requirements

• Four-year degree desired, preferably in economics, business, finance, or risk management
• Highly proficient with MS Word, Excel, Outlook
• Exemplary oral and written communication skills
• Analytical with keen ability to think through issues
• Solid understanding of financial statements
• Proactive and able to organize and prioritize to meet multiple demands and commitments
• Strong work ethic and team player
• Exhibits leadership potential

Benefits

• Base salary range of $70,000 - $75,000/year
• Incentive eligible position
• Total individual compensation includes base salary, short & long-term incentives