Sompo
## As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: **our people**. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world.
Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.## **Job Description**Sompo has a unique opportunity for an **AVP - Underwriter** on our **Middle Market** team.Our Middle Market Underwriting team offers diverse multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, and manufacturing. We work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition.**Location:** This position will be based out of our **Alpharetta, GA** or **Chicago, IL** office. 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:*** Coordinate production underwriting activities, including managing travel and marketing efforts, as well as developing and aligning target production plans.* Prioritize and evaluate new and renewal submissions to identify accounts with the greatest profit potential, ensuring alignment with the business plan and corporate profit objectives.* Price and analyze coverage, structure, and exposures on individual risks.* Utilize data analytics to sharpen underwriting strategy & uncover opportunities both internally & externally to improve process.* Authorize quotes/binders/invoices as appropriate within own authority level* Align with region-specific product strategies that best align internal and external stakeholders to win.* Consistent focus of building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.* Focused proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite.* Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems, and procedures.* Expand existing portfolio of business by developing existing relationships and new prospective clients.* Utilize broker and distribution resources to identify target opportunities and mobilize team to pipeline and support growth by strategically pursuing promising opportunities.* Attend client/broker meetings, lunches, dinners, and other social outings as applicable.* Keep current on state/territory issues, regulations, and trends.* Basic understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, SIRs, deductibles, etc.**What you’ll bring:*** Bachelor's degree or equivalent experience.* Preferred minimum of 5 years of underwriting experience with authority.* Deep underwriting experience across all lines of business including Property, Auto, General Liability, Umbrella, and Workers’ Compensation.* Experience with accounts of all sizes involving large brokerage houses, agents, and specialty retailers.* Proven track record in underwriting, quoting, and binding profitable business.* Exceptional oral and written communication skills, with clarity and purpose.* Excellent organizational skills, integrity, and follow-through.* Comfortable challenging norms and collaborating at all organizational levels.* Strong sense of accountability.* Proven ability to build and maintain strong business relationships with insureds, agents, and brokers.* Strong customer service orientation with a reputation for responsiveness and relationship preservation.* Willingness to travel to market assigned territory to include overnight trips (25%).* Advanced proficiency in Microsoft suite products.Salary Range: $120,000 - $185,000 Actual 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 a 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 contribution* Pharmacy benefits with mail order options* Dental benefits including orthodontia benefits for adults and children* Vision benefits* Health Care & Dependent Care Flexible Spending Accounts* Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children* Company-paid Disability benefits with very competitive salary continuation payments* 401(k) Retirement Savings Plan with competitive employer contributions* Competitive paid-time-off programs, including company-paid holidays* Competitive Parental Leave Benefits & Adoption Assistance program* Employee Assistance Program* Tax-Free Commuter Benefit* Tuition Reimbursement & Professional Qualification benefitsEthics 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
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.## We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose **The Ease of ExpertiseTM**.## ## “Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary #J-18808-Ljbffr
Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.## **Job Description**Sompo has a unique opportunity for an **AVP - Underwriter** on our **Middle Market** team.Our Middle Market Underwriting team offers diverse multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, and manufacturing. We work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition.**Location:** This position will be based out of our **Alpharetta, GA** or **Chicago, IL** office. 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:*** Coordinate production underwriting activities, including managing travel and marketing efforts, as well as developing and aligning target production plans.* Prioritize and evaluate new and renewal submissions to identify accounts with the greatest profit potential, ensuring alignment with the business plan and corporate profit objectives.* Price and analyze coverage, structure, and exposures on individual risks.* Utilize data analytics to sharpen underwriting strategy & uncover opportunities both internally & externally to improve process.* Authorize quotes/binders/invoices as appropriate within own authority level* Align with region-specific product strategies that best align internal and external stakeholders to win.* Consistent focus of building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.* Focused proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite.* Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems, and procedures.* Expand existing portfolio of business by developing existing relationships and new prospective clients.* Utilize broker and distribution resources to identify target opportunities and mobilize team to pipeline and support growth by strategically pursuing promising opportunities.* Attend client/broker meetings, lunches, dinners, and other social outings as applicable.* Keep current on state/territory issues, regulations, and trends.* Basic understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, SIRs, deductibles, etc.**What you’ll bring:*** Bachelor's degree or equivalent experience.* Preferred minimum of 5 years of underwriting experience with authority.* Deep underwriting experience across all lines of business including Property, Auto, General Liability, Umbrella, and Workers’ Compensation.* Experience with accounts of all sizes involving large brokerage houses, agents, and specialty retailers.* Proven track record in underwriting, quoting, and binding profitable business.* Exceptional oral and written communication skills, with clarity and purpose.* Excellent organizational skills, integrity, and follow-through.* Comfortable challenging norms and collaborating at all organizational levels.* Strong sense of accountability.* Proven ability to build and maintain strong business relationships with insureds, agents, and brokers.* Strong customer service orientation with a reputation for responsiveness and relationship preservation.* Willingness to travel to market assigned territory to include overnight trips (25%).* Advanced proficiency in Microsoft suite products.Salary Range: $120,000 - $185,000 Actual 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 a 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 contribution* Pharmacy benefits with mail order options* Dental benefits including orthodontia benefits for adults and children* Vision benefits* Health Care & Dependent Care Flexible Spending Accounts* Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children* Company-paid Disability benefits with very competitive salary continuation payments* 401(k) Retirement Savings Plan with competitive employer contributions* Competitive paid-time-off programs, including company-paid holidays* Competitive Parental Leave Benefits & Adoption Assistance program* Employee Assistance Program* Tax-Free Commuter Benefit* Tuition Reimbursement & Professional Qualification benefitsEthics 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
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.## We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose **The Ease of ExpertiseTM**.## ## “Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary #J-18808-Ljbffr