AVP, Underwriter

SOMPO; Manchester; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking an Assistant Vice President Underwriter to join their Management Liability team. This role is pivotal in underwriting, focusing on profitability and regional broker development across the UK. The ideal candidate will bring over five years of underwriting experience, technical expertise, and a passion for building strong broker relationships. With a commitment to inclusivity and diversity, this forward-thinking company offers a supportive environment where employees can thrive and advance their careers. Join a team dedicated to excellence and innovation in the insurance sector.

Benefits

Health & Wellness Benefits

Retirement & Savings Plans

Parental Leave & Adoption Assistance

Qualifications

• 5+ years of relevant underwriting experience in Management Liability.
• Strong problem-solving and decision-making abilities.

Responsibilities

• Full underwriting of accounts per guidelines and authority.
• Focus on profitability and new business production.

Skills

Underwriting Management Liability

Problem-solving

Analytical Skills

Communication Skills

Interpersonal Skills

Organizational Skills

Attention to Detail

Decision-making

Education

Relevant Underwriting Experience (5+ years)

Technical Knowledge of Underwriting

Tools

Data Analysis Tools

Computer 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 to 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, mainly to grow regional/national ML portfolio.
5. Renewal Retention - Focus on renewal retention with targets set with the unit head.
6. Service - Implementing 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, especially Financial Institutions, when building out the portfolio.
11. Administration - All risks to be filed electronically to the standard set by the unit head.
12. Reporting - Data analysis and regular review of the portfolio as required by the unit head.
13. Travel - Expectation of national travel as necessary.

What You’ll Bring

• A minimum of 5 years relevant underwriting experience.
• 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 to work effectively in a team.
• Strong analytical skills.
• Ability to work under pressure.
• Hunger to learn, grow, and go the extra mile.
• Attention to detail.
• Efficient organizational skills.
• Competent computer skills.

Our Benefits

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

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

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

We aim to create value for clients and shareholders while maintaining Sompo as an attractive workplace. We foster open dialogue, inclusivity, and diversity, actively rejecting racism, bigotry, prejudice, and injustice. We invest in building an inclusive and diverse environment.

About Us

Expert Partners. Clarity in complexity. Unwavering commitment.

We are Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. With 130 years of innovation, we are committed to simplifying your experience. Our 9,000+ employees worldwide dedicate their expertise to understanding and solving your complex challenges. Choosing Sompo means choosing expertise and ease.

Sompo is an equal opportunity employer committed to a diverse workforce.

Visit our website at www.sompo-intl.com to learn more.