VP, E&S Property

.VP, E&S Property page is loaded## VP, E&S Property locations:
Chicago, IL United States of America time type:
Full time posted on:
Posted Todayjob requisition :
R26 16

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℠.
** Position Summary
** Develop and underwrite a profitable E&S (non‑admitted) Property portfolio by building and deepening relationships with approved wholesale brokers across the region—including travel, presentations, and product training—while deploying capacity, setting pricing, negotiating terms, and monitoring portfolio performance under the guidance of Regional Property Management.
** Responsibilities and Accountabilities
*** Under the guidance of Regional Property Management and within the company guidelines, develop a profitable book of business in the E&S Property specialty.
* Develop and maintain relationships with approved wholesale brokers, including but not limited to travels within the region, prepare and deliver presentations, training on our new products.
* Underwrite, maintain, and grow a profitable book of business in the non-admitted property market with wholesale brokers. This includes evaluate and prioritize submissions; analyze exposure, coverage requests; determine acceptable deployment of gross and net capacity, determine pricing and negotiate the final property insurance product on an account basis. Monitor his/her portfolio metrics.
* Identify business opportunities to differentiate the company and assist the Regional Property Manager and the Property Operations manager into their development.
** Required

Skills and Abilities

*** 10+ years of property experience handling E&S property. This should include at least 4 years at an non-admitted carrier as an underwriter.
* Must have well developed active listening, problem solving mindset and interpersonal skills for developing and strengthening broker relationships.
* Strong communications skill, business writing and oral presentation skills must be excellent.
* Must have well developed business acumen to understand performance metrics, develop and implement profitable growth strategy within his/her dedicated territory
* Must have strong organizational skills and ability to work independently
* Sound technology capabilities in Microsoft products such as Excel, Word, and PowerPoint and ability to use and manipulate data.
* Knowledge of CAT Modeling parameters (PML, AAL, data quality) to assess an account and a portfolio exposure and calculate a cat rate.
* Understand the key elements of risk selection and risk assessment can develop loss estimates, develop and negotiate a risk mitigation plan based on survey reports and place facultative reinsurance when necessary.
* Management or team lead experience preferred
** Education and Experience
*** Bachelor's degree (ideally with a degree/major in Economics, Business, Risk-management or Engineering).
* Additional industry-specific study or designations (such as CPCU & ARM) are a plus.#LI-Hyrbid#LI-AM3

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

Base $180,571-$244,301 + 20%-25% STI + LTI
* Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
* Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability;
Paid Parental Leave of up to 10 weeks;
Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click  to learn more on available benefits.

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