Senior Underwriter, Private Equity
About The Position
Sompo has a unique opportunity for a Senior Underwriter in our Middle Market Private Equity Practice. Our Middle Market Private Equity Practice offers diverse multi-line capabilities targeted at select industry verticals including real estate, hospitality, financial institutions, professional services, technology, and manufacturing. We work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition. The majority of this role’s focus will be on new business production and building new broker relationships in the Northeast. This position will be based out of our New York City office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.
Requirements
- Requires a bachelor’s degree or comparable experience, along with 2–3 years of P&C underwriting experience.
- Strong oral and written communication skills, adaptable to different situations, clear, and purposeful.
- Remains calm under pressure with excellent organizational skills, integrity, and follow-through.
- Challenges norms while collaborating effectively with colleagues at all levels.
- A proven ability to build and maintain strong business relationships with insureds, agents, and brokers.
- Strong customer service orientation, responsive, with the ability to say no while preserving relationships.
- Exhibits leadership skills and is a collaborative team player by nature.
- Advanced proficiency with the Microsoft suite of products
Nice To Haves
- Prior middle market underwriting or broking experience is strongly preferred.
Responsibilities
- Drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards
- Demonstrate technical expertise and product knowledge in Middle Market Private Equity P&C Insurance (Property, General Liability, Workers’ Compensation, Automobile, Umbrella)
- Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory while adhering to internal guidelines and strategies
- Keeps current on state/territory issues, regulations, and trends, in addition to market conditions
- Develop and maintain strong relationships with brokers, serving as the primary underwriting resource and point of contact by attending client/broker meetings, lunches, dinners, and other social outings with a minimum of 8-10 broker visits per month.
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
Senior
