Sompo
AVP/VP, Healthcare Underwriter
Join Sompo for an exciting opportunity to lead our Healthcare Underwriting team as an AVP/VP. We are looking for an experienced underwriter with deep knowledge of Hospitals and ancillary lines and a proven track record of building strong client relationships.
Location:
This position can be based out of any of the following office locations: Chicago, IL; Dallas, TX; Alpharetta, GA; Boston, MA; Denver, CO; Los Angeles, CA; Miami, FL; New York, NY. We thrive on collaboration and offer a work environment where our employees develop lasting careers.
What you’ll be doing
Prioritization and evaluation of new and renewal submissions to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives. Reviews applications and financial requirements to determine acceptability of risk in accordance with Sompo International’s guidelines and standards;
Sets appropriate terms and conditions per the Company underwriting strategy and guidelines to quote qualified risks;
Authorizes quotes/binders/invoices as appropriate;
Exercises proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures;
Attends client/broker meetings, lunches, dinners and other social outings as applicable;
Expands existing portfolio of business by developing existing relationships and new prospective clients;
Coordinates production underwriting activity working with the SVP of US Healthcare regarding traveling/marketing and target production plans. Prioritizes time and resources to effectively manage and optimize producer performance. Develops producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results;
Maintains compliance with all regulatory requirements as well as internal policies, procedures and processing standards. Audits assigned accounts and provides feedback to underwriters. Liaises closely with team to ensure information is input correctly into in-house systems in an accurate and timely manner;
Supports our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture. Places emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite. Conducts individual account underwriting audits as needed;
Completes underwriting referral applications for risks outside of authority for higher level approval as necessary.
What you’ll bring
Undergraduate or advanced degree preferred;
7+ years of Healthcare underwriting experience; in-depth knowledge of Healthcare products and marketing techniques;
Established relationships with retail and wholesale producers;
Strong negotiation skills;
Excellent communication (both written and verbal) skills;
Ability to plan strategically and prioritize workload to meet production and management objectives;
Ability to be a team player.
Salary Range $150,000 – 250,000. 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.
Benefits Summary
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 benefits.
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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Location:
This position can be based out of any of the following office locations: Chicago, IL; Dallas, TX; Alpharetta, GA; Boston, MA; Denver, CO; Los Angeles, CA; Miami, FL; New York, NY. We thrive on collaboration and offer a work environment where our employees develop lasting careers.
What you’ll be doing
Prioritization and evaluation of new and renewal submissions to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives. Reviews applications and financial requirements to determine acceptability of risk in accordance with Sompo International’s guidelines and standards;
Sets appropriate terms and conditions per the Company underwriting strategy and guidelines to quote qualified risks;
Authorizes quotes/binders/invoices as appropriate;
Exercises proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures;
Attends client/broker meetings, lunches, dinners and other social outings as applicable;
Expands existing portfolio of business by developing existing relationships and new prospective clients;
Coordinates production underwriting activity working with the SVP of US Healthcare regarding traveling/marketing and target production plans. Prioritizes time and resources to effectively manage and optimize producer performance. Develops producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results;
Maintains compliance with all regulatory requirements as well as internal policies, procedures and processing standards. Audits assigned accounts and provides feedback to underwriters. Liaises closely with team to ensure information is input correctly into in-house systems in an accurate and timely manner;
Supports our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture. Places emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite. Conducts individual account underwriting audits as needed;
Completes underwriting referral applications for risks outside of authority for higher level approval as necessary.
What you’ll bring
Undergraduate or advanced degree preferred;
7+ years of Healthcare underwriting experience; in-depth knowledge of Healthcare products and marketing techniques;
Established relationships with retail and wholesale producers;
Strong negotiation skills;
Excellent communication (both written and verbal) skills;
Ability to plan strategically and prioritize workload to meet production and management objectives;
Ability to be a team player.
Salary Range $150,000 – 250,000. 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.
Benefits Summary
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 benefits.
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.
#J-18808-Ljbffr