Senior Underwriter, Entertainment at Arch Capital Group in New York, NY

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, Spec