Senior Underwriter Financial Lines

Sompo; München; Vor Ort; EUR 80.000 - 110.000; Vollzeit

Benefits dieser Stelle

Health & Wellness Benefits

Retirement & Savings Plans

Global Parental Leave & Adoption Assistance

Employee Assistance Program

Tuition Reimbursement & Professional Qualification benefits

Zusammenfassung

Sompo is seeking a Senior Underwriter for Financial Lines in Germany, primarily based in Munich, Cologne, or Hamburg. You will independently manage a portfolio of Financial Lines contracts, negotiate terms, and develop business opportunities in the German and Austrian markets.

The ideal candidate has 5 to 10 years of experience in the insurance sector, strong relationships with clients and brokers, and need to possess excellent networking and negotiation skills. Benefits include health and wellness packages, retirement plans, and professional development support.

Qualifikationen

• 5 to 10 years of professional experience in the insurance industry, including 5 years in Financial Lines.
• In-depth knowledge of the German and European Financial Lines markets.
• Strong product knowledge and previous underwriting experience in at least two Financial Lines products.

Aufgaben

• Manage and process Financial Lines contracts and negotiate terms.
• Maintain client and broker relationships and develop new business opportunities.
• Contribute to underwriting strategies and market product developments.

Kenntnisse

Networking skills

Analytical skills

Negotiation skills

Presentation skills

Ausbildung

Qualification in law, business or finance

Jobbeschreibung

Are you looking for your next opportunity? Sompo has a unique opportunity for a Senior Underwriter Financial Lines Germany. As Senior Underwriter Financial Lines, you will make a significant contribution to the growth and expansion of a well‑diversified, profitable and balanced Financial Lines portfolio.

Location

This position will be based out of our Cologne, Munich or Hamburg office.

What you’ll be doing:

• Independently manage and process a portfolio of Financial Lines contracts, including analyzing underwriting information and creating offers with appropriate terms and conditions to achieve expected profitability
• Conduct independent contract negotiations, participate in client meetings, and hold presentations to clients and brokers as part of policy renewals
• Maintain existing client and broker relationships as well as develop new business opportunities and co‑operations in the German and Austrian market
• Contribute actively to the development of underwriting strategies
• Support the development, introduction and modification of own products/product versions including monitoring of the local market and product developments
• Engage in proactive and distinctive sales activities with brokers, in‑house brokers and clients, and participate in Financial Lines events to promote the Sompo brand and increase submissions
• Active cross‑selling with other Sompo International Specialty Lines products, particularly identifying insurance needs arising from insured transactions
• Support the Head of Financial Lines Germany in the technical and professional training and supervision of (Associate) Underwriters in the team

What You’ll Bring:

• A recognized qualification in law, business and/or finance
• 5 to 10 years of professional experience in the insurance industry, with at least 5 years in the Financial Lines sector
• Experience in building and growing a profitable business in Financial Lines
• Proven disciplined approach to underwriting
• Experience in a start‑up environment or in developing new business and/or new products within an established company is an advantage
• Excellent networking skills and relationships with clients and brokers in Germany/Austria
• In‑depth knowledge of the German and European Financial Lines markets
• Strong product knowledge and previous underwriting experience in at least two of the following Financial Lines products:
  • Managerial Liability (D&O, Fidelity Insurance (VSV), EPL, PTL/Trustee, POSI)
  • Financial Institutions (FI D&O, FIPI, BBB, combined covers, POSI)
  • Professional liability (chambered professions)
  • Cyber
• Analytical, energetic, creative, adaptable, meticulous, determined, independent, intelligent, disciplined, assertive, proactive, hardworking, resilient, ambitious, team player
• Strong presentation and negotiation skills
• Ability to work under pressure and meet deadlines
• Ability to contribute, develop and deliver on local business plan and group strategy
• Independent, innovative and solution‑driven working attitude
• Excellent market relationships with a well‑established broker and client network
• Flexibility and willingness to travel and provide the highest quality of service
• Business fluent in German and English

Benefits

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits