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Sompo International

Assistant Vice President, Commercial Specialty Property

Sompo International, Chicago, Illinois, United States, 60290


As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most:

our people . At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description

Are you looking for your next opportunity? Sompo has a unique opportunity for an

Assistant Vice President, Underwriter

for our

Commercial Specialty Property

team. Our Commercial Specialty Property – U.S. and Canada team offers property coverage to commercial accounts with a focus on midsize to large domestic and U.S. domiciled multinational companies with a proactive approach to risk management. We pride ourselves on delivering superior risk solutions to our insureds, backed by Sompo’s exceptional financial strength. Location:

This position will be based out of our

Chicago, IL, Dallas, TX or St. Louis, MO

office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers. What you’ll be doing: Reviews applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards. Understands pricing components and rating methodology as well as use of the predictive modeling tools; 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 CAT guidelines and underwriting discipline to minimize exposure and appropriately price. Keeps current on state/territory issues, regulations and trends. Attend client/broker meetings, events and other social outings as applicable and willingness to travel to market assigned territory. Assist in mentoring Underwriting Trainees and junior underwriters. Works with Sompo Loss Control property engineers in the triage process in qualifying risks and supporting them in obtaining compliance with Loss Prevention recommendations as needed. What you’ll bring: Minimum of 10 years of underwriting/insurance experience in commercial property. Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers. Experience successfully underwriting, quoting, and binding profitable business. Relationships with large brokers on a national level. Strong attention to detail, organizational, analytical, numeracy, and statistical skills. Self-motivated, good time-management, sound decision-making, judgment, and integrity. Bachelor’s Degree preferred. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience. At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

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