Underwriting Technician, IP Large Property
Sompo International, Morristown, NY, United States
Underwriting Technician
Sompo has a unique opportunity for an Underwriting Technician in our Industry Practice Large Property Team. As an Underwriting Technician, you'll manage policy submissions and ensure timely processing and delivery of quotes, binders, and policies to producers, meeting established service standards. You'll also support the underwriting team by providing technical analysis and insights to help evaluate risk and inform decisions. This position will be based out of our New York, NY; Charlotte, NC; Alpharetta, GA and Morristown, NY offices. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers. What you'll be doing: Assist underwriters with reviewing submissions, quoting, binding, policy issuance, and endorsement workflows Create, register, process and distribute binders, policies, and endorsements within processing standards Assist in the development and maintenance of underwriting workflows and procedures, ensuring accurate and complete documentation for all bound accounts Prepare all policies in accordance with final binders inclusive of review by underwriting staff Review and analyze facultative reinsurance certificates as determined by management Proactively communicate with producers for any outstanding information and ensure timely follow-up to support the underwriting process Implement and maintain a field service reputation that is recognized as superior in the industry Provide backup support to team members to ensure continuity of operations and maintain service standards What you'll bring: Minimum 5 years of experience in underwriting or insurance support with similar responsibilities Strong problem solving and decision-making abilities Ability to effectively communicate information and ideas to drive our business Technical capabilities such as Microsoft Office Suite and Adobe Acrobat Strong planning and organizational skills with the ability to handle multiple tasks efficiently Salary Range: $60,000.00-$95,000.00 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 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 benefits 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. 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.
Sompo has a unique opportunity for an Underwriting Technician in our Industry Practice Large Property Team. As an Underwriting Technician, you'll manage policy submissions and ensure timely processing and delivery of quotes, binders, and policies to producers, meeting established service standards. You'll also support the underwriting team by providing technical analysis and insights to help evaluate risk and inform decisions. This position will be based out of our New York, NY; Charlotte, NC; Alpharetta, GA and Morristown, NY offices. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers. What you'll be doing: Assist underwriters with reviewing submissions, quoting, binding, policy issuance, and endorsement workflows Create, register, process and distribute binders, policies, and endorsements within processing standards Assist in the development and maintenance of underwriting workflows and procedures, ensuring accurate and complete documentation for all bound accounts Prepare all policies in accordance with final binders inclusive of review by underwriting staff Review and analyze facultative reinsurance certificates as determined by management Proactively communicate with producers for any outstanding information and ensure timely follow-up to support the underwriting process Implement and maintain a field service reputation that is recognized as superior in the industry Provide backup support to team members to ensure continuity of operations and maintain service standards What you'll bring: Minimum 5 years of experience in underwriting or insurance support with similar responsibilities Strong problem solving and decision-making abilities Ability to effectively communicate information and ideas to drive our business Technical capabilities such as Microsoft Office Suite and Adobe Acrobat Strong planning and organizational skills with the ability to handle multiple tasks efficiently Salary Range: $60,000.00-$95,000.00 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 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 benefits 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. 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.