VP, Middle Market - Underwriting Product Technical Manager

Sompo International•Los Angeles, CA

19h•Onsite

About The Position

Sompo is seeking a Vice President, Middle Market Underwriting Technical Manager. This position will be based out of our Los Angeles, CA, Irvine, CA, or San Francisco CA office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers. The Underwriting Technical Manager will report to the Senior Vice President, Head of Technical Managers in the US and will handle referral business for Middle Market lines of business, assist with development of underwriting strategies and guidelines, training and participate in special projects and provide subject matter expertise for the business.

Requirements

Minimum of 10 years of experience in the Commercial P&C Industry
Property and/or Casualty knowledge and understanding of the industry
Excellent analytical reasoning and problem-solving skills
Exceptional attention to detail
Strong organizational and time management skills
Ability to make decisions with limited information and see issues through to resolution
Excellent spoken and written communication skills, including the ability to communicate effectively to both technical and non-technical audiences that include all levels of management
Experience advising and collaborating with Executive and Senior leadership
Ability to work independently and as part of a cross-functional team
Strong commitment to providing superior client service
Must be willing to travel up to 30%

Responsibilities

Underwriting and Product knowledge of the Middle Market lines of business (Property, Workers’ Compensation, General Liability, Auto & Umbrella) with some knowledge of loss sensitive and deductible plans
Provide product knowledge to Underwriting, Operations, IT, and other functional areas across the organization as needed
Handle complex queries and referrals within delegated authority
Support the Underwriting team to execute business strategy to include pricing, rate adequacy, terms, and conditions
Provide input supporting the development of strategic business planning activities that align with Underwriting philosophy and practices
Identify and Lead technical training initiatives and projects
Ensure Underwriting Initiatives and Strategies support overall growth, profitability and retention of business
Educate and reinforce Underwriting strategy and guidelines to applicable team/s
Subject Matter Expert and support for Underwriting team/s
Provide Underwriting insight related to Underwriting tools
Establish exposure identification, risk assessment, risk response, controls and monitoring of the standard LoB
Participate in pre-renewal, pipeline, new business pre-qualification meetings
Participate and provides feedback for CAT modelling and Actuarial models
Work with Regulatory Compliance to establish strategies and guidance
Work collaboratively with Underwriters and Legal when drafting manuscript endorsements
Partner with Actuarial team to review insurance products that support profitability, competitive pricing and legal compliance
Review and implement legislative, regulatory, and other mandated changes
Consult & coordinate with Underwriting, Actuarial, IT and Operations to elicit decision making
Identify process/service improvement opportunities on a continuous basis
Communicate industry trends related to coverage, guidelines, and legal issues with Underwriting team/s
Collaborate with various functional areas across the organization to include Legal, Underwriting, Claims, Actuarial, Audit and Regulatory Compliance

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