AVP Underwriter

Sompo; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Sompo is seeking an AVP Underwriter for our Wholesale Casualty team in London. This role focuses on underwriting and relationship management with clients and brokers, contributing to business growth in international markets. We offer a collaborative environment to enhance your career in insurance.

Benefits

Generous Retirement & Savings Plans

Global Parental Leave & Adoption Assistance

Qualifications

• Proven Underwriting experience, minimum of 4-8 years.
• Prior experience of Underwriting International Casualty exposures.
• Able to work independently and as part of a team.

Responsibilities

• Underwrites all accounts in accordance with Underwriting Guidelines.
• Focus on Renewal Retention and New Business production.
• Develop and maintain engagement plans with Brokers.

Skills

Interpersonal skills

Analytical abilities

Attention to detail

Problem-solving

Decision-making

Communication skills

Tools

MS Office

Job description

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 has a unique opportunity for a AVP Underwriter in our Wholesale Casualty team in our London Market business.

Our Wholesale Casualty team provide solutions to international clients for complex exposures. Written on both and open market and delegated authority basis, we have clients in more than 20 countries. The core territories are Canada and Australia but we have a growing appetite to write business in Latin America and throughout the Middle East and Africa. We have strong relationships with clients who look to partner with us on a long-term basis. The portfolio is weighted towards primary and first excess layers.

Location: This position will be based out of our London office. 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, our opportunity:

What you’ll be doing:

• Underwrites all accounts in accordance with Underwriting Guidelines and individual authority granted by management.
• Focus on Renewal Retention and New Business production in a growing profitable GL portfolio.
• Production, the ability to work with key Brokers and develop Books of Business.
• Monitors Industry and specific Account trends.
• Implements an Underwriting Service reputation that is recognized as superior in the Industry.
• Develop and maintain engagement plans with Brokers as appointed including management of relationships in terms of analysis, meetings and entertainment.
• Create and utilizes marketing materials and other product collateral to support marketing and production initiatives.
• Provide technical input in Product Development.
• Respond to general mid-term questions from Brokers and/or internal stakeholders in a timely and professional manner, delivering a first-class service and within authority parameters.
• Interact with Brokers and other external parties including third party business providers, including the maintenance and development of good working relationships.
• Contribute towards Underwriting services projects relating to the improvement of existing services.
• Maintain timely and accurate risk, exposure and premium accounting in the company’s policy administration and documentation management systems.

What you’ll bring:

• Proven Underwriting experience, minimum of 4-8 years.
• Prior experience of Underwriting International Casualty exposures.
• Able to work independently under their own initiative and as a part of a team.
• Strong interpersonal and communication skills - articulate and influential.
• Attention to detail with the ability to organise efficiently.
• Problem solving and decision-making abilities.
• Strong analytical abilities with excellent logic and critical thinking skills.
• Excellent written and oral communication skills along with exceptional interpersonal tributes with the ability to work with a team-oriented approach.
• Ability to work effectively in a fast-paced environment.
• Strong administration and operational skills.
• Ability to organise efficiently.
• Strong work ethic with an ability to operate effectively under pressure
• Flexible approach and ability to recognise and adapt to changing business requirements
• Proficient in the use of MS Office (Excel, Word, PowerPoint and Outlook);
• Confident and self-driven and enjoy working to deadlines and targets
• A team player with a passion for Casualty insurance business!

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment.

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of ExpertiseTM.

“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.