AVP, Excess Casualty
About The Position
Sompo has a unique opportunity for an Assistant Vice President Underwriter in our Retail Excess Casualty Business Unit. Our Excess Casualty team brings extensive expertise and maintains strong, long-standing relationships with a select group of appointed retail brokers. We provide a consistent underwriting approach and efficient turnaround times and are supported by an experienced claims team. We operate through a network of retail brokers who value long-term partnerships supported by a strong and reliable service commitment. This position will be based out of our New York, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.
Requirements
- Bachelor’s degree preferred
- minimum of 8 years of underwriting experience and authority
- Strong expertise in Excess Casualty insurance
- Proven ability to exercise sound judgment, negotiate effectively, and make business decisions within authority limits
- strong financial acumen, organizational skills, and accountability with exceptional verbal and written communication abilities
- Collaborative team player with a proven ability to build and maintain strong relationships with insureds, agents, and brokers, as well as across Sompo’s organization
- Ability to travel to market assigned territory to include overnight trips (25%)
Responsibilities
- Prioritize and evaluate new and renewal submissions to identify profitable opportunities aligned with business and corporate objectives.
- Assess individual risk characteristics to determine capacity, attachment point, terms, and pricing for a book of diverse account sizes and operations.
- Authorize quotes, binders, and invoices within authority limits.
- Ensure underwriting discipline and pricing align with profitability goals and guidelines.
- Build and expand the business portfolio by enhancing relationships and identifying new opportunities.
- Represent the company at broker/client meetings and networking events.
- Collaborate with cross-functional teams, including business development, claims, legal, and actuarial.
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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
