Sompo
Join to apply for the
AVP/VP, Healthcare Underwriter
role at
Sompo
What you’ll be doing:
Prioritize and evaluate new and renewal submissions to identify accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
Set appropriate terms and conditions per the company underwriting strategy and guidelines to quote qualified risks.
Authorise quotes/binders/invoices as appropriate.
Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
Attend client/broker meetings, lunches, dinners and other social outings as applicable.
Expand existing portfolio of business by developing existing relationships and new prospective clients.
Coordinate production underwriting activity working with the SVP of US Healthcare regarding traveling/marketing and target production plans.
Maintain compliance with all regulatory requirements as well as internal policies, procedures and processing standards.
Support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.
Complete 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.
Team player mindset.
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.
Summary 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 benefits
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and 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.
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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AVP/VP, Healthcare Underwriter
role at
Sompo
What you’ll be doing:
Prioritize and evaluate new and renewal submissions to identify accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
Set appropriate terms and conditions per the company underwriting strategy and guidelines to quote qualified risks.
Authorise quotes/binders/invoices as appropriate.
Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
Attend client/broker meetings, lunches, dinners and other social outings as applicable.
Expand existing portfolio of business by developing existing relationships and new prospective clients.
Coordinate production underwriting activity working with the SVP of US Healthcare regarding traveling/marketing and target production plans.
Maintain compliance with all regulatory requirements as well as internal policies, procedures and processing standards.
Support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.
Complete 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.
Team player mindset.
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.
Summary 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 benefits
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and 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.
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