Sompo International
Sr. Underwriter, E&S Property
Sompo International, Alpharetta, Georgia, us, 30023
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
Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty insurance and reinsurance, established in March 2017 as the result of the acquisition of Endurance Specialty Holdings Ltd. by Sompo Holdings Ltd. (Sompo).
Sompo's core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market.In addition, Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world.
Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange.Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance.
As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people.Sompo International's headquarters is in Bermuda and we currently have offices in the United States, the United Kingdom, Continental Europe, and Asia. At Sompo International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work.
We are seeking an experienced Sr. Underwriter for our E&S Property team in our Alpharetta, GA office.
Essential Duties and Responsibilities:
* Reviews applications and financial requirements to determine acceptability of risk in accordance with Endurance guidelines and standards
* Understands pricing components and rating methodology as well as use of the predictive modelling 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 analyses 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
Qualifications:
* Minimum of 6-7 years of insurance underwriting experience required
* Bachelor's Degree preferred
* 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 both a regional and national level
* Strong attention to detail
* Excellent oral and written communication skills
* Strong analytical and organizational skills
At Sompo International, 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.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
* 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.
Sompo International is an equal-opportunity employer committed to a diverse workforce. M/F/D/V
Visit our website at www.sompo-intl.com
Job Description
Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty insurance and reinsurance, established in March 2017 as the result of the acquisition of Endurance Specialty Holdings Ltd. by Sompo Holdings Ltd. (Sompo).
Sompo's core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market.In addition, Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world.
Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange.Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance.
As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people.Sompo International's headquarters is in Bermuda and we currently have offices in the United States, the United Kingdom, Continental Europe, and Asia. At Sompo International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work.
We are seeking an experienced Sr. Underwriter for our E&S Property team in our Alpharetta, GA office.
Essential Duties and Responsibilities:
* Reviews applications and financial requirements to determine acceptability of risk in accordance with Endurance guidelines and standards
* Understands pricing components and rating methodology as well as use of the predictive modelling 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 analyses 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
Qualifications:
* Minimum of 6-7 years of insurance underwriting experience required
* Bachelor's Degree preferred
* 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 both a regional and national level
* Strong attention to detail
* Excellent oral and written communication skills
* Strong analytical and organizational skills
At Sompo International, 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.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
* 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.
Sompo International is an equal-opportunity employer committed to a diverse workforce. M/F/D/V
Visit our website at www.sompo-intl.com