Senior Underwriter
$100k - $170kSompo International
Senior UnderwriterSompo has a unique opportunity for a Senior Underwriter in our E&S Property team. Our E&S Property team considers all types of commercial occupancies for catastrophe protection based on individual risk characteristics. We entertain single location risks as well as large schedules of locations and consider risks throughout the US including those located in both catastrophe prone and non-catastrophe prone areas.Location: This position will be based out of our New York, NY; Morristown, NJ; Alpharetta, GA; Chicago, IL; Dallas, TX and Conshohocken, PA areas. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.Our business, your impact, our opportunity:What you'll be doing:Reviews applications and financial requirements to determine acceptability of risk in accordance with Endurance guidelines and standardsUnderstands pricing components and rating methodology as well as use of the predictive modelling tools; prices risk based on financial and competitive analysisUses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followedDemonstrates technical underwriting skills through strategic, thorough account reviews and file documentationPrepares or analyses information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territoryAdheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately priceKeeps current on state/territory issues, regulations and trendsWhat you'll bring:Minimum of 5 years of insurance underwriting experience; emphasis on Manufacturing / Industrial occupancies preferredBachelor's Degree preferredExperience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailersExperience successfully underwriting, quoting, and binding profitable businessRelationships with large brokers on both a regional and national levelStrong attention to detail & negotiation skillsExcellent oral and written communication skillsTeam player and collaborative by natureSalary Range: $100,000 – $170,000Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contributionPharmacy benefits with mail order optionsDental benefits including orthodontia benefits for adults and childrenVision benefitsHealth Care & Dependent Care Flexible Spending AccountsCompany-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & childrenCompany-paid Disability benefits with very competitive salary continuation payments401(k) Retirement Savings Plan with competitive employer contributionsCompetitive paid-time-off programs, including company-paid holidaysCompetitive Parental Leave Benefits & Adoption Assistance programEmployee Assistance ProgramTax-Free Commuter BenefitTuition Reimbursement & Professional Qualification benefitsIn today's world, what do we stand for?Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
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