Senior Underwriter

Sompo International; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

Sompo International is seeking a Senior Underwriter in Marine Cargo to join their London team. The role focuses on managing a growing portfolio and requires at least 8 years' underwriting experience, particularly in marine cargo insurance. Candidates should possess strong analytical and communication skills, along with a commitment to teamwork and development.

Benefits

Health & Wellness Benefits

Retirement & Savings Plans

Parental Leave & Adoption Assistance

Qualifications

• Minimum of 8 years relevant underwriting experience.
• Experience in underwriting marine cargo.
• Strong analytical and decision-making abilities.

Responsibilities

• Focus on renewal and new business in a profitable Cargo portfolio.
• Lead broker and client meetings.
• Full underwriting of accounts per guidelines.

Skills

Underwriting experience

Problem solving

Communication skills

Analytical skills

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

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Underwriter in our Marine Cargo team in our Aviation, Energy & Marine business.

With a wealth of experience across all key sectors of the Marine market, our Marine team (made up of Hull, Cargo and Liability) offers a range of insurance solutions for Marine Insureds.

Our London based team underwrites complex and diverse risks across the globe in a pragmatic and consistent way and looks to forge long-term and sustainable partnerships. Backed by Sompo’s exceptional financial strength, we offer significant capacity, with a dedicated claims handling capability and underwrite business through our company platforms in the UK and Continental Europe.

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:

• Focus on renewal retention and new business production in a growing profitable Cargo portfolio of circa $40m GWP.
• Responsibilities will include both renewal and new business within UK and International territories
• Input into the Unit’s strategy in terms of risk appetite, portfolio management and growth.
• Assist Unit Head with budgeting and development of new products and initiatives
• Lead role in broker and client meetings
• Provide technical input in product development.
• Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management.
• Monitoring all industry and specific account trends.
• Line management responsibility for junior underwriter(s), mentoring and assisting in their development

What you’ll bring:

• A minimum of 8 years relevant underwriting experience
• Experience and technical knowledge of underwriting marine cargo
• 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 in a pressured environment
• Eye for detail
• Ability to organise efficiently
• Competent computer skills

Our Benefits

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:

• Expansive Health & Wellness Benefits
• 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.

To learn more about visit our website at www.sompo-intl.com