Senior Underwriter, Entertainment

Job description

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: The Senior Underwriter, Entertainment is responsible for underwriting profitable new and renewal business within the Entertainment Practice, including risks associated with live events, venues, production companies, film and television productions, performing arts organizations, promoters, festivals, sports and entertainment facilities, and other related industry segments. This role is accountable for achieving underwriting profitability and growth objectives through disciplined portfolio management, strong broker and client relationships, and sound risk selection. Responsibilities and Accountabilities: Portfolio Management & Underwriting Underwrite new and renewal business to achieve profitability, growth, retention, and production objectives. Manage an assigned portfolio of Entertainment accounts, ensuring appropriate risk selection and pricing discipline. Evaluate submissions, exposures, loss experience, contractual risk transfer, and financial information to determine risk acceptability. Negotiate pricing, coverage terms, conditions, and program structures with brokers and agents. Collaborate with Claims, Risk Control, Legal, Operations, and other internal stakeholders throughout the underwriting process. Business Development Develop and maintain strong relationships with brokers, clients, and industry partners. Identify new business opportunities and proactively pursue profitable growth within the Entertainment sector. Support renewal retention strategies through strong account management and customer engagement. Represent the company at industry events, broker meetings, conferences, and client presentations. Monitor market trends, competitor activity, and emerging industry risks impacting the Entertainment portfolio. Technical Expertise Serve as a technical resource and subject matter expert for Entertainment underwriting. Analyze complex or non-standard risks and provide guidance on referrals and coverage structures. Review contractual agreements, indemnification provisions, and insurance requirements related to entertainment operations. Assist in development of underwriting guidelines, best practices, and portfolio management strategies. Leadership & Collaboration Provide mentoring, coaching, and technical guidance to less experienced underwriters. Participate in training initiatives and knowledge-sharing activities. Support cross-functional projects and strategic initiatives. Contribute to a culture of underwriting excellence, accountability, and continuous improvement. Required Skills and Abilities: Risk Assessment and Management Ability to evaluate complex Entertainment exposures and determine appropriate pricing, coverage, and risk mitigation strategies. Strong understanding of casualty, property, and specialty insurance products relevant to the Entertainment industry. Financial & Analytical Skills Ability to analyze financial statements, loss trends, exposure data, and profitability metrics. Strong analytical and critical-thinking skills with the ability to make sound underwriting decisions. Broker & Client Management Proven ability to develop and maintain productive broker and client relationships. Strong negotiation and influencing skills. Policy & Contract Interpretation Strong knowledge of policy language, manuscript endorsements, and contractual risk transfer concepts. Ability to review and interpret complex insurance contracts and agreements. Education and Experience: Bachelor's degree in Business Administration, Finance, Risk Management, Insurance, Economics, or related field preferred. Minimum 3+ years of commercial underwriting experience. Demonstrated experience underwriting Entertainment, Specialty Casualty, Property, or related commercial insurance products. Strong broker relationships within the Entertainment insurance marketplace preferred. CPCU, ARM, CIC, or other professional insurance designation preferred. #LI-JD1 #LI-Remote #LI-Hybrid 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. $79,900 - $124,085/year 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 here to learn more on available benefits. Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team. 14400 Arch Insurance Group Inc.