Job description
The Position:
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.
#LI-JD1
This position is responsible for the technical underwriting and portfolio management of Renewable Energy risks within the Retail Energy Business Unit. Programs may be on either a guaranteed cost or loss sensitive casualty basis.
Job Responsibilities:
Position Responsibilities:
The role will work with the EVP, Retail Energy to set strategy, guidelines, and parameters for the Renewable Energy portfolio. This includes Underwriting Guidelines, Treaty Discussions, Form Development, Risk Control and Claim needs. Additional responsibilities include appointing and working with retail brokers and agents to attract, service, and retain the portfolio. This is a management position with direct reports.
Key Competencies:
- Portfolio management skills to set underwriting strategy and direction
- Technical acumen to build internal and external plans for underwriting of renewable energy risks
- Collaborates with Risk Control and Claims to anticipate any unique needs of Renewable Energy risks
- Works with underwriters to solicit and review new and renewal account information required to evaluate a risk
- Assesses insurance and related financial risk and structures appropriate loss sensitive program to effectively protect against frequency, severity, catastrophic and credit risk
- Negotiates and places facultative reinsurance when applicable
- Collaborates with other Arch units where appropriate to deliver a holistic customer insurance solution
- Identifies all potential exposures and hazards in relation to coverage requested and individual risk characteristics
- Ability to underwrite, price and prepare proposals based on objective and subject risk characteristics, input of internal resource team, existing product set and regulatory filings
- Responsible for renewal and retention management and manages the renewal process to achieve targeted retention and price change goals
- Initiates, coordinates and conducts periodic portfolio reviews
- Develop, expand, and enhance broker and client relationships through high visibility and frequent engagement
- Build for the future regarding staff development
- Develop a culture consistent with Retail Energy and Arch’s direction and strategy
- Knowledge of coverage terms - Workers Compensation, General Liability and Automobile Liability, Umbrella and associated 1st party lines of Contractors Equipment and Property
- Knowledge of renewable energy industry exposures and dynamics
- Able to adapt to underwriting to changing nature of the energy industry and maintain proficiency of energy insurance knowledge
- Knowledge of guaranteed cost, large deductible, retrospective, self insured and single parent captive insurance programs
- Understanding and knowledge of exposure identification and analysis
- Possess a cross functional generalist knowledge of other disciplines including claims, risk control, audit, premium accounting, finance and legal
- Knowledge of regulatory and compliance issues
- Sales and Negotiation skills
- Ability to perform multiple tasks simultaneously
- Have the ability to influence without authority and be willing to work in a collaborative and team environment
- Strong customer service, negotiation and presentation skills
- Hands-on experience and strong aptitude with Microsoft Excel, PowerPoint and Word
- Excellent written/verbal communication and organizational skills
- Ability to work well in a team environment
- At least 10 years of related experience
- Casualty Accounts and Energy experience required
- College degree preferred
#LI-200109533_JD1
The Company:
Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries.
With nearly 20 years of operating history and strong financial ratings, our track record remains solid.
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.
#LI-JD1
#LI-REMOTE
#LI-200109533_JD1
jackharris.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jackharris.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jackharris.com is the ideal place to find your next job.