Senior Underwriter, Middle Market
About The Position
Sompo has a unique opportunity for a Senior Underwriter in our Middle Market Business Unit. Our Middle Market Underwriting team offers diverse multi-line capabilities targeted at select industry verticals such as 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. This position will be based out of our Conshohocken, PA or Morristown, NJ office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.
Requirements
- Minimum 3 years of underwriting authority/insurance experience
- Bachelor’s Degree Preferred
- Experience in working, producing, and underwriting all sizes of accounts with large brokerage houses, agents, and specialty retailers
- Experience of successfully underwriting, quoting, and binding profitable business
- Established relationships with brokers and agents on both a regional and national level.
- Strong negotiation skills
- Strong attention to detail
- Excellent oral and written communication skills
- Willingness to travel monthly for broker engagements; occasional overnight travel may be required
- Team player with grit, and collaborative by nature
Responsibilities
- Demonstrate technical expertise and product knowledge in Middle Market P&C Insurance (Property, General Liability, Workers’ Compensation, Automobile, Umbrella)
- Use all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed
- Exhibits technical underwriting skills through strategic, thorough account reviews and file documentation
- Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory
- Develop and maintain strong relationships with brokers, serving as the primary underwriting resource and point of contact
- Attend client/broker meetings, lunches, dinners, and other social outings as applicable and willingness to travel to aggressively market assigned territory
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
