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Underwriting Assistant

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Arch Capital Group Ltd.

2021-12-03 08:52:46

Job location Farmington, Connecticut, United States

Job type: fulltime

Job industry: Insurance & Superannuation

Job description

The Position

Arch Re Fac's Underwriting Assistants support production staff (Branch Managers and Underwriting Directors-"the underwriters") department-wide in the underwriting and administration of Property Facultative transactions.

Job Responsibilities

* Preliminary account analysis
* Risk interpretation and input into department systems
* Clean up and manipulation of large Excel Schedules
* 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

Required Skills/Experience

* Proficient in Microsoft Office (including Excel, Word, Outlook)

Desired Skills/Experience

* Able to communicate effectively with all organizational levels
* Ability to prioritize and accomplish multiple tasks simultaneously
* Strong analytical and decision making skills
* Works well independently and as part of a team

Education

* High School Diploma or GED Equivalent

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.

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