Senior Underwriter, Cyber/E&O
About The Position
Sompo is hiring a Senior Underwriter, Cyber/E&O for its Sompo Pro team. The Sompo Pro Underwriting team offers Cyber, Tech E&O, Miscellaneous Professional Liability, Insurance Agents E&O, and Architects and Engineers E&O for primary and excess risks. The team works through a broker network focused on long-term partnerships and strong service. This position is based out of Sompo’s Los Angeles, California office. The role underwrites multiple professional liability lines and evaluates individual risk characteristics to determine capacity, attachment points, terms, and pricing. The Senior Underwriter maintains and enhances broker relationships and develops new retail and wholesale relationships in the Pacific South region. The role also develops and executes marketing plans to retain existing business and generate new opportunities aligned with Sompo Pro’s risk appetite. The salary range is $125,000–$175,000. Actual compensation depends on factors including work-location cost of living, qualifications, skills, competencies, and relevant experience. Eligible employees may receive base salary and incentives through a pay-for-performance compensation program. Sompo describes a comprehensive benefits package for eligible employees, including medical, dental, vision, retirement, paid time off, leave, and other programs.
Requirements
- Established relationships with the retail and wholesale network in the Pacific South marketplace, encompassing Los Angeles, Irvine, Phoenix, Las Vegas, Denver, and/or Salt Lake City.
- At least 5 years of professional lines underwriting experience.
- Excellent oral and written communication skills.
- Strong analytical and organizational skills.
- Ability to travel approximately 10% of the time.
Responsibilities
- Underwrite Miscellaneous Professional Liability, Technology Errors and Omissions, Cyber Liability, Media Liability, Architects and Engineers Professional Liability, and Insurance Agents and Brokers.
- Evaluate individual risk characteristics and determine capacity, attachment point, terms, and pricing.
- Maintain and enhance existing broker relationships and identify and develop new relationships with retail and wholesale partners in the Pacific South region.
- Develop and execute marketing plans to retain existing business and produce new opportunities that fit the Sompo Pro division’s risk appetite.
- Interact, communicate, and negotiate effectively with all levels of external and internal business partners.
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 benefits 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 employees, spouses, 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 program
- Employee Assistance Program
- Tax-free commuter benefit
- Tuition reimbursement
- Professional qualification benefits
- Performance-based incentives
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
