Senior Underwriter
Arbol is a global climate risk solutions platform founded in 2018 that provides data-driven parametric insurance and derivatives products.
About Arbol
Arbol was founded in 2018 to change how climate risk is actively managed throughout the financial system. The company provides parametric insurance and derivatives products that pay out automatically when predefined weather triggers (such as rainfall, temperature, wind speed, or fire perimeters) are met, rather than relying on traditional claims assessment. Its ecosystem combines an expansive data infrastructure sourced from NOAA, NASA, ECMWF, and the European Space Agency, an AI/ML underwriter, a technology platform for brokers and agents, and flexible dedicated risk capital. Arbol's solutions span agriculture, energy, travel, wildfire, and reinsurance, and it also operates Arbol Insurance, an underwriting and brokerage firm focused on hard-to-place weather risks. The company has transferred over $2 billion in notional risk and serves clients including small farmers, large corporations, and insurers like Centauri Insurance and Singlife, with roughly half of its clients otherwise lacking access to climate risk products.
Skills
About the Role
You will evaluate, price, and bind property and weather-related insurance and reinsurance risks, with a focus on wildfire. You will manage submissions, develop broker relationships, apply catastrophe and exposure data to pricing, monitor portfolio performance, and improve underwriting processes.
Requirements
- 4+ years of experience in commercial property underwriting, property brokerage, or a related role
- Understanding of catastrophe exposure and its effect on pricing and capacity
- Experience in the excess and surplus lines market with wholesale brokers
- Experience using data, catastrophe model output, and pricing tools
- Excel
- Risk selection judgment
- Written communication
- Verbal communication
- Active Property and Casualty license or willingness to obtain one within 90 days of hire
Responsibilities
- Lead insurance and reinsurance underwriting, including risk selection and aggregate management
- Grow the commercial admitted, surplus lines, and parametric insurance book
- Develop distribution channels and broker relationships
- Review, analyze, and price new and renewal property, catastrophe, and parametric weather submissions
- Use catastrophe models, weather data, and exposure analytics in pricing decisions
- Structure parametric triggers, limits, and payout terms
- Prepare underwriting files, referrals, and pricing rationale
- Monitor portfolio aggregation, accumulation, and loss performance
- Ensure business complies with underwriting guidelines, authority limits, and regulatory requirements
- Refine underwriting guidelines, rating tools, and workflows
- Mentor junior underwriters and analysts