Underwriter, CML
About The Position
Sompo has a unique opportunity for an Underwriter, Commercial Management Liability as part of our CML team. Our Sompo Commercial Management Liability team offers diverse capabilities targeted at providing Directors & Officers, Employment Practices, Fiduciary, and Commercial Crime Liability coverages for publicly-traded and privately-held companies, as well as not-for-profit organizations. We work through a network of Retail & Wholesale brokers who share our commitment to long-term partnerships built on a strong service proposition. This position will be based out of our Chicago, IL office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long-lasting careers.
Requirements
- Ability to build and foster relationships with brokerage contacts within the Chicago Region Wholesale Network.
- 1-3 years in the financial sector and/or Underwriting & Insurance experience preferred
- Excellent oral and written communication skills
- Strong analytical and organizational skills
- Ability to travel approximate 10% of the time
Responsibilities
- Focuses on the production, underwriting, and servicing of profitable Commercial Management Liability business with an emphasis on properly determining capacity, attachment points, terms, and pricing.
- Maintaining & enhancing existing broker relationships, as well as identifying and developing new relationships within the Mid-Atlantic region with both retail and wholesale partners.
- Developing and executing marketing plans aimed at retaining existing business and producing new opportunities that fit within the CML division risk appetite.
- Interacting, communicating and negotiating with all levels of external and/or internal business partners.
- Monitors all industry and specific account trends by closely monitoring financial news and stock market developments through reading of the WSJ, Capital IQ, SNL, Moody’s and other data sources.
- Implements a field service reputation that is recognized as superior in the industry.
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
Mid Level
Education Level
No Education Listed
