Sr. Underwriter, Commercial Management Liability

Endurance Services Limited•San Francisco, CA
•Onsite

About The Position

Sompo is hiring a Senior Underwriter for its Commercial Management Liability (D&O) team, which provides Directors & Officers, Employment Practices, Fiduciary, and Commercial Crime Liability coverages to publicly traded and privately held companies and not-for-profit organizations. The team works with retail and wholesale brokers and emphasizes long-term partnerships and strong service. This position is based in Sompo’s San Francisco office and is responsible for the San Francisco/Pacific Northwest region. The Senior Underwriter will develop and maintain a profitable, highly penetrated portfolio; identify new business opportunities; and support assigned producers and territories with marketing plans. The role involves underwriting within established guidelines and granted authority, collaborating with actuarial and claims teams on risk pricing and underwriting, monitoring portfolio performance, creating marketing materials, attending industry events, tracking industry trends, and providing superior field service. The role requires at least three years of underwriting experience. Five or more years of underwriting or insurance experience is preferred. Management liability underwriting experience and a bachelor’s degree are preferred. The listed salary range is $125,000–$175,000; actual compensation depends on factors including work location, qualifications, skills, competencies, and relevant experience. Eligible employees may receive base salary and incentive compensation, along with the company’s 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.
  • Bachelor’s degree.

Responsibilities

  • Develop and maintain a profitable and highly penetrated Management Liability portfolio in the San Francisco/Pacific Northwest region.
  • Identify and build a pipeline of new business opportunities through prospective and existing clients.
  • Develop and maintain a marketing plan for each assigned producer or territory, including tactics for individual broker success.
  • Underwrite in accordance with underwriting guidelines and the individual 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 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.
  • Competitive paid-time-off programs and company-paid holidays.
  • Parental leave benefits and an adoption assistance program.
  • Employee Assistance Program.
  • Tax-free commuter benefit.
  • Tuition reimbursement and professional qualification benefits.
  • Incentive compensation for regular full-time employees, with awards based on company and individual performance.
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