A
Not Specified Permanent

Chicago, Illinois · USA job

AVP, Commercial Surety

Arch Capital Group

Chicago, Illinois

Job description

Overview

In this role you assist in overseeing regional surety production and underwriting, shaping a shared marketing approach with producers and clients, and contributing to portfolio profitability through prudent risk selection. You'll support the division's goals by applying underwriting expertise and managing risk across accounts. The position blends technical analysis with relationship building to enable growth for Arch Finance and clients. This is a growth-focused opportunity that combines collaboration, expertise, and innovation to enable possibility.

Compensation / Benefits
  • Multiple medical plans
  • Dental, vision, and prescription coverage
  • Competitive 401k with matching
  • PTO 20+ days/year
  • Up to 12 holidays + 2 Volunteer Time Off
  • Life and AD&D insurance; short- and long-term disability
Responsibilities
  • Gather and analyze information to evaluate credit quality and risk acceptability using underwriting techniques
  • Demonstrate strong surety product knowledge and document complex accounts in account management systems
  • Develop and maintain relationships with producers and cultivate new ones
  • Develop and manage a regional book of business, pursuing profitability targets and new opportunities
  • Monitor accounts for Arch standards and recommend corrective actions for risk mitigation
  • Prepare underwriting submissions and make recommendations within authority limits
Key requirements
  • Minimum six years of surety underwriting experience or equivalent
  • Proficient in financial statement, credit and risk analysis
  • Strong business judgment in evaluating financial condition, credit history, and character
  • Excellent communication and organizational skills
  • Ability to multi-task and prioritize workload
  • Quick learner with open attitude to new problems and processes
  • College degree in Business or equivalent experience
  • Strong communication
  • Organizational skills
  • Multitasking and prioritization
  • Underwriting techniques
  • Financial statement analysis
  • Risk analysis

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