AVP, E&S Property

Job Description: Are you looking for your next opportunity? Sompo has a unique opportunity for an Assistant Vice President in our E&S Property team. Our E&S Property team considers all types of commercial occupancies for catastrophe protection based on individual risk characteristics. We entertain single-location risks as well as large schedules of locations and consider risks throughout the US including those located in both catastrophe prone and non-catastrophe prone areas.
Location:

This position will be based out of our Alpharetta, GA or Chicago, IL offices.
What you’ll be doing:

Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards.
Review applications and financial requirements to determine acceptability of risk.
Understand pricing components and rating methodology; price risk based on financial and competitive analysis.
Use underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed.
Exhibit strong technical underwriting skills through thorough account reviews and file documentation.
Prepare or analyze information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations 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.
Use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.
Attend client/broker meetings, lunches, dinners and other social outings as applicable.
Travel to aggressively market assigned territory.
Assist in mentoring Underwriting Trainees and junior underwriters.
What you’ll bring:

Minimum of 8 years of underwriting/insurance experience.
Bachelor’s Degree preferred.
Experience producing and underwriting all sizes of accounts with large brokerage houses, wholesalers, and specialty retailers.
Established underwriting, quoting, and binding track record of profitable business.
Proven track record of building and maintaining strong business relationships with insurers, agents & brokers on both a regional and national level.
Strong negotiation skills.
Team player and collaborative by nature.
Strong attention to detail.
Salary Range:

$150,000 – $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.
Benefits:

Comprehensive U.S. benefit programs include:
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.
EEO Statement:

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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