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The AVP position within Arch’s Product Development team under the Corporate Underwriting Services (CUS) umbrella is responsible for a myriad of product development functions with focus on Coverage and Product Expertise in support of various business unit writing General Liability, Commercial Automobile, Commercial Umbrella and Business Property in a collaborative, fast-pace, and dynamic Speed-To-Market environment.
Be a subject matter resource for General Liability, Automobile and Umbrella.
Responsibility for the end-to-end policy form drafting, review, revision and completion of all required insurance policy forms and other supporting forms for insurance products within multiple business units and coverage lines, including standard P&C lines.
Lead coverage discussions with Underwriters, Managers, Claim Attorneys, Compliance and the Legal department, as necessary, to ensure products match underwriting intent and remain competitive, but meet any Corporate guidelines.
Research competitor filings and products and produce coverage comparisons and analysis.
Respond to manuscript and standard endorsement requests as needed.
Be a resource for the business unit on coverage issues, on identifying and prioritizing product development needs.
Remain apprised of and monitor coverage issues, U.S. case law, regulations, legal trends and emerging issues affecting General Liability, Commercial Automobile and Umbrella insurance coverage. Provide training and knowledge sharing of such within the department
8 - 10 years of insurance contract drafting and insurance industry experience.
Strong analytical skills and attention to detail.
Thorough understanding of insurance contract language and legal precedent
Ability to manage projects from concept to fruition with minimal oversight
Excellent time management and organizational skills.
Strong oral and written communication skills.
Internal Number: 2019-2914
About Arch Insurance Group
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 North America, Europe and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten 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.