Sr. Underwriter, Energy Property
About The Position
Sompo has a unique opportunity for a Sr. Underwriter in our Energy team. This position will support the North America Energy Property team to develop and implement an underwriting strategy that identifies profitable market opportunities, in addition to working with a select group of wholesale and retail brokers and our experienced specialists tailor solutions to meet the unique needs of each client. Providing individual risk policies as well as products for niche classes, we deliver risk solutions effectively and responsively. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.
Requirements
- 5-8 years of Energy underwriting experience
- Experience in working, production; and underwriting all sizes of accounts with large brokerage houses and specialty retailers
- Experience successfully underwriting, quoting, and binding profitable business
- Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint)
- Excellent communication (both written and verbal) skills
- Strong analytical and organizational skills
- Strong negotiation skills
- Team player willing to contribute to the whole of the company
Nice To Haves
- Bachelor’s Degree preferred
Responsibilities
- Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards
- Understand pricing components, rating methodology and use of rating tools to price risks based on exposures and risk analysis.
- Demonstrate technical underwriting skills through strategic, thorough account review and file documentation.
- Use all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed.
- Prepare quote for new and renewal business, service accounts throughout the policy term, provide exemplary service to brokers.
- Keep current on state/territory Insurance issues, trends, and regulations.
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
Education Level
Associate degree
