VP, IP Large Property

Sompo has a unique opportunity for a

Vice President Underwriting

in our

Large Property team . This position will support our

Industry Practice

business.

Location
This position will be based out of one of our

New York, NY ,

Charlotte, NC

or

Alpharetta, GA

offices.

Responsibilities

Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards.

Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards.

Good understanding of pricing components and rating methodology; price risk based on financial and competitive analysis.

Use all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed.

Exhibit strong technical underwriting skills through strategic, thorough account reviews and file documentation.

Prepare or analyze information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory.

Adhere to guidelines and underwriting discipline to minimize exposure and appropriately price risks.

Keep current on state/territory issues, regulations, and trends; and have complete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.

Qualifications

Minimum 10 plus years of underwriting/insurance experience.

Bachelor’s Degree preferred.

Well versed and experienced in working, producing, and underwriting all sizes of accounts with the large brokerage houses, agents and specialty retailers.

Proficient with matrix reporting management.

Experience in underwriting reverse flow business, manufacturing, wholesale/retail, food processing, technology, and life sciences risks.

Risk engineering experience is preferred.

Established underwriting, quoting, and binding track record of profitable business.

Proven track record of building and maintaining strong business relationships with insureds, agents & brokers on both a regional and national level.

Strong negotiation skills.

Team player and collaborative by nature.

Strong attention to detail.

Salary and Compensation
Salary Range: $190,000.00 - $250,000.00. 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.

Benefits

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. We do not discriminate based on race, color, religion, sex, orientation, national origin, or age.

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