Underwriter, E&S Property
About The Position
Sompo is seeking an Underwriter for its E&S Property team. This team specializes in considering all types of commercial occupancies for catastrophe protection, assessing risks based on individual characteristics. They handle both single location risks and large schedules of locations across the US, including catastrophe-prone and non-catastrophe-prone areas. This position is based out of multiple office locations including Alpharetta, GA; Conshohocken, PA; New York, NY; Los Angeles, CA; San Francisco, CA; Chicago, IL; and Miami, FL. Sompo emphasizes a collaborative work environment where employees can thrive and develop long-lasting careers. Sompo is a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance, employing approximately 10,000 people worldwide. The company builds on 137 years of innovation from its parent company, Sompo Holdings, Inc., and operates its global property and casualty (re)insurance businesses under the Sompo brand.
Requirements
- Minimum of 3 years of underwriting/insurance experience
- Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers
- Experience in underwriting, quoting, and binding profitable business
- Strong negotiation skills
- Team player and collaborative by nature
- Strong attention to detail & organizational skills
Nice To Haves
- Bachelors Degree preferred
Responsibilities
- Reviews applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards
- Good understanding of pricing components and rating methodology; prices risk based on financial and competitive analysis
- Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed
- Demonstrates 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 in order to drive results within the assigned territory
- Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks
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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
501-1,000 employees
