AVP, Underwriter

SOMPO; Birmingham; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading company in the insurance industry is seeking an Assistant Vice President Underwriter for their Management Liability team in Birmingham. This role involves underwriting, broker engagement, and a strong focus on profitability and new business. The ideal candidate will have at least 5 years of relevant experience and strong communication skills. Join a collaborative environment that promotes growth and offers extensive benefits.

Benefits

Health & Wellness Benefits

Retirement & Savings Plans

Parental Leave & Adoption Assistance

Qualifications

• Minimum of 5 years relevant underwriting experience.
• Experience in underwriting UK Management Liability business.

Responsibilities

• Full and thorough underwriting of all accounts.
• Focus on profitability and new business production.
• Continuous engagement with brokers.

Skills

Problem Solving

Decision Making

Communication

Analytical Skills

Organizational Skills

Job description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Assistant Vice President Underwriter in our Management Liability team in our UK business:

The Management Liability team, established in 2014, boasts a robust network of brokers and provides a comprehensive range of management liability products. The team is committed to expanding its regional presence and aims to grow nationally across the UK and Ireland. We are dedicated to this initiative and are enthusiastic about developing the necessary infrastructure to support it.

Location:

This position will be based out of either our Manchester or Birmingham office and report into the Head of National Management Liability UK. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.

Our business, Your impact, Shared opportunity

What You’ll Be Doing

1. Underwriting - Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management.
2. Profitability - Focus on profitability of portfolio.
3. Production - Heavy focus on regional broker development - Nationally in the UK.
4. New Business - Strong focus on new business production to grow regional/national ML portfolio.
5. Renewal Retention - Focus on renewal retention with targets set with the unit head.
6. Service - Implementation of first-class underwriting service, building a strong reputation recognized as superior in the industry.
7. Broker maintenance - Continuous engagement with brokers including regular catchups, meetings, entertainment, etc.
8. Market material - Develop product supporting material including IPID, sales material, website, and other collateral to support marketing and production initiatives.
9. Communication - Provide continuous input, feedback, and support at ML underwriting meetings.
10. Collaboration - Work with other lines of business, particularly Financial Institutions, to build out the portfolio.
11. Administration - File all risks electronically to the standard set by the unit head.
12. Reporting - Conduct data analysis and regular review of the portfolio as required by the unit head.
13. Travel - Expectation of national travel as required.

What You’ll Bring

• A minimum of 5 years relevant underwriting experience.
• Experience and technical knowledge of underwriting Management Liability.
• Experience in underwriting UK Management Liability business.
• Strong problem-solving and decision-making abilities.
• Excellent written and oral communication skills.
• Exceptional interpersonal skills with the ability to work in a team environment.
• Strong analytical skills.
• Ability to work effectively under pressure.
• Hunger to learn and grow, with a proactive attitude.
• Eye for detail.
• Efficient organizational skills.
• Competent computer skills.

Our Benefits

We continuously evaluate and update our benefit programs to meet our employees' needs. Highlights include:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

What We Stand For

We aim to create value for clients and shareholders while maintaining an inclusive and diverse workplace. We promote open dialogue, reject all forms of discrimination, and invest in building an equitable environment.

About Us

We are Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, with over 130 years of experience. Our 9,000+ employees are dedicated to delivering expertise and simplifying risk management for our clients.

Visit our website at www.sompo-intl.com to learn more. Sompo is an equal opportunity employer committed to diversity.