Sr. Underwriter, Commercial Management Liability
About The Position
Sompo is seeking a Senior Underwriter for its Commercial Management Liability (D&O) team, based in the San Francisco office. The team provides Directors & Officers, Employment Practices, Fiduciary, and Commercial Crime Liability coverage to publicly traded and privately held companies, as well as not-for-profit organizations, through retail and wholesale broker networks. The role is responsible for developing and maintaining a profitable, highly penetrated Management Liability portfolio in the San Francisco/Pacific Northwest region. The Senior Underwriter builds new-business opportunities with prospective and existing clients, develops marketing plans for assigned producers and territories, and underwrites within established guidelines and delegated authority. The position collaborates with actuarial and claims teams on pricing and underwriting, monitors retention, growth, and profitability, supports production initiatives with marketing materials, participates in industry events, tracks industry trends, and provides highly regarded field service. Sompo describes its compensation as including base salary and performance incentives. The stated salary range is $125,000–$175,000, with actual compensation depending on factors such as work location, qualifications, skills, competencies, and relevant experience. Eligible employees may receive the listed compensation and benefit programs.
Requirements
- At least 3 years of underwriting experience.
- Management liability underwriting background, including D&O, Fiduciary, Crime, and EPL products.
- Experience producing and underwriting accounts of all sizes with large brokerage houses, wholesalers, and specialty retailers.
- Strong analytical, marketing, and communication skills.
- Established relationships with brokers and customers.
- Strong attention to detail.
Nice To Haves
- 5 or more years of underwriting or insurance experience preferred.
- Bachelor’s degree preferred.
Responsibilities
- Develop and maintain a profitable, highly penetrated Management Liability portfolio in the San Francisco/Pacific Northwest region.
- Identify and build a pipeline of new business through prospective and existing clients.
- Develop and maintain a marketing plan for each assigned producer and territory, including tactics for individual broker success.
- Underwrite in accordance with underwriting guidelines and the authority granted by management.
- Collaborate with actuarial and claims teams on risk pricing and underwriting.
- Monitor portfolio retention, growth, and profitability.
- Create marketing materials to support new production initiatives.
- Participate in national and regional industry events.
- Monitor industry trends through trusted news sources.
- Uphold a field service reputation recognized as superior in the industry.
Benefits
- Two medical plans, including a Traditional PPO and a Consumer Driven Health Plan with a Health Savings Account and employer contribution.
- Pharmacy benefits with mail-order options.
- Dental benefits, including orthodontia for adults and children.
- Vision benefits.
- Health Care and Dependent Care Flexible Spending Accounts.
- Company-paid Life and AD&D benefits, with optional supplemental life coverage for the employee, spouse, and children.
- Company-paid disability benefits with salary continuation payments.
- 401(k) Retirement Savings Plan with employer contributions.
- Paid-time-off programs and company-paid holidays.
- Parental leave benefits.
- Adoption assistance.
- 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
Senior
