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Assistant Underwriter

Arch Capital Group Ltd.
Farmington, CT Full Time
POSTED ON 4/23/2024
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℠.
The Company:
Arch Re is a well-capitalized, leading diversified insurer that focuses on supplying significant capacity to the global reinsurance marketplace. We have the worldwide reach, agility and resources to support ceding companies capitalizing on changing market conditions and new opportunities in various lines and geographic areas around the globe. Our business strategy keeps operational controls tight and costs low, helping to maximize efficiencies for our broker partners. A subsidiary of Arch Capital Group Ltd., Arch Re has been recognized by clients around the globe for providing expert underwriting, skilled claims management, outstanding service and world-class product offerings.
Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Arch offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.
Job Summary
Arch Re Facultative –Assistant Underwriters support production staff (Branch Managers and Underwriting Directors—“the underwriters”) department-wide in the underwriting and administration of Property Facultative transactions, provides exceptional service to our Direct/Broker clients and to our Property Facultative Underwriting team.
Responsibilities
Support to Underwriters will include:
  • Preliminary account analysis
  • Risk interpretation and input into department systems
  • Information-gathering and organization to facilitate the underwriters’ analysis
  • Providing underwriters a concise overview of the account and assumptions made in the preliminary analysis
  • Providing timely and accurate Quote, Binder and Certificate contract drafts
  • Review client policies to verify accuracy of reinsurance certificates
Education and Experience
  • Strong communication skills with attention to detail
  • Ability to prioritize and accomplish multiple tasks simultaneously
  • Works independently and as part of a team
  • Advanced skills in Excel, Word, Access, PowerPoint and Outlook
  • Bachelor's degree in related field
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
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Salary.com Estimation for Assistant Underwriter in Farmington, CT
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