Sompo
AVP, Inland Marine
Sompo, Los Angeles, California, United States, 90079
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.
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.Summary:We are seeking a
Assistant
Vice President
for our
Inland Marine
business in our
Los Angeles, CA
location. The U.S. Insurance Inland Marine practice offers a full portfolio of inland marine coverage including both mono-line and marine packages. Working with a select group of wholesale and retail brokers, our experienced specialists tailor solutions to meet the unique needs of each client.Main areas of responsibility:Responsible for the underwriting of the Inland Marine business within assigned territory and agency base.Evaluates all individual risk characteristics to properly determine capacity, attachment point, terms and pricing to build and underwrite a diverse and profitable book of business.Maintains and enhances existing broker relationships and identifies and develops new relationships both regionally and outside the territory.Develops and executes a marketing plan aimed at retaining existing business and producing new business.Keeps abreast of industry trends with regard to pricing, new lines of business, etc.Adapts underwriting techniques to underwriting guidelines and rating plans to write a wide range of account sizes and operations.Recommends amendments and enhancements, including coverage, policy forms, premium rate plans and underwriting guidelines, loss control guidelines, and distribution.Maintains files in an orderly manner consistent with company guidelines.Ability to work with others within a team and contribute to the development of others.Qualifications, Skills and Experience:Minimum of 8-10 years experience in Inland Marine/Property underwriting.Established relationships with local retail brokers with ability to move business a plus.Successful track record of developing underwriters who acquire/apply a high level of underwriting skill, building agent/broker relationships and making the right business decisions.Ability to plan strategically and prioritize workload to meet production and management objectives.Experience successfully underwriting, quoting, and binding profitable business.Bachelor’s Degree preferred.Strong analytical and organizational skills.Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint).Excellent communication (both written and verbal) skills.Salary Range:
$110,000 – $185,000. 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.Sompo International is an equal-opportunity employer committed to a diverse workforce. M/F/D/V.
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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.
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.Summary:We are seeking a
Assistant
Vice President
for our
Inland Marine
business in our
Los Angeles, CA
location. The U.S. Insurance Inland Marine practice offers a full portfolio of inland marine coverage including both mono-line and marine packages. Working with a select group of wholesale and retail brokers, our experienced specialists tailor solutions to meet the unique needs of each client.Main areas of responsibility:Responsible for the underwriting of the Inland Marine business within assigned territory and agency base.Evaluates all individual risk characteristics to properly determine capacity, attachment point, terms and pricing to build and underwrite a diverse and profitable book of business.Maintains and enhances existing broker relationships and identifies and develops new relationships both regionally and outside the territory.Develops and executes a marketing plan aimed at retaining existing business and producing new business.Keeps abreast of industry trends with regard to pricing, new lines of business, etc.Adapts underwriting techniques to underwriting guidelines and rating plans to write a wide range of account sizes and operations.Recommends amendments and enhancements, including coverage, policy forms, premium rate plans and underwriting guidelines, loss control guidelines, and distribution.Maintains files in an orderly manner consistent with company guidelines.Ability to work with others within a team and contribute to the development of others.Qualifications, Skills and Experience:Minimum of 8-10 years experience in Inland Marine/Property underwriting.Established relationships with local retail brokers with ability to move business a plus.Successful track record of developing underwriters who acquire/apply a high level of underwriting skill, building agent/broker relationships and making the right business decisions.Ability to plan strategically and prioritize workload to meet production and management objectives.Experience successfully underwriting, quoting, and binding profitable business.Bachelor’s Degree preferred.Strong analytical and organizational skills.Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint).Excellent communication (both written and verbal) skills.Salary Range:
$110,000 – $185,000. 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.Sompo International is an equal-opportunity employer committed to a diverse workforce. M/F/D/V.
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