Senior Underwriter, Primary Retail Casualty

Sompo; New York (NY); On-site; USD 100,000 - 170,000; Full time

Benefits offered by this job

Two medical plans

Dental benefits

Vision benefits

401(k) Retirement Savings Plan

Paid time off and holidays

Job summary

Sompo is seeking a Senior Underwriter in the Primary Retail Casualty Business Unit based in the U.S. The role involves underwriting general liability, commercial auto, and workers’ compensation for large accounts across the U.S., Mexico, and Canada.

The position offers collaboration with other units and requires travel up to 25% to market territories. Location flexibility includes New York, NY; Charlotte, NC; Purchase, NY; Garden City, NY; Morristown, NJ offices.

Qualifications

• 5+ years of commercial underwriting experience, preferably casualty.
• Bachelor’s Degree preferred, or equivalent combination of education and professional experience.
• Experience in underwriting and managing accounts with large brokerage houses, regional agencies, and specialty retail brokers.
• Demonstrated success in developing, quoting, negotiating, and binding profitable business.
• Established relationships with brokers and agents on regional and national levels.
• Excellent communication, presentation, negotiation and relationship-building skills.
• Willingness to travel to market assigned territory (25%).

Responsibilities

• Serve as a trusted underwriting expert across industries and casualty products.
• Analyze submissions, evaluate risk exposures, and make timely underwriting decisions.
• Apply advanced pricing and rating methodologies across program structures (Guaranteed Cost, Captives, SIRs, Deductibles).
• Demonstrate underwriting expertise through strategic evaluation of large and complex casualty risks.
• Prepare and evaluate underwriting recommendations, rate modifications, exceptions, referrals, and declinations.
• Build and maintain strong relationships with brokers and agency partners; represent Sompo in meetings and events.

Skills

Underwriting expertise

Communication skills

Analytical mindset

Travel willingness

Relationship building

Education

Bachelor’s degree

Job description

Are you looking for your next opportunity?
Sompo has a unique opportunity for a

Senior Underwriter in our Primary Retail Casualty Business Unit.
The Primary Retail Casualty team delivers a client-focused approach to risk management by providing comprehensive multi-line solutions. These include general liability, commercial auto, and workers' compensation coverages, offered through various program structures such as guaranteed cost, self-insured retentions (SIRs), deductibles, and captives. The team specializes in serving large accounts across diverse industries in the U.S., Mexico, and Canada, such as manufacturing, real estate, hospitality, financial institutions, professional services, life sciences, technology, retail, and Asian-interest sectors. Collaboration with other business units, including property, umbrella/excess, and environmental, is a key component of the team's strategy and contributes to the organization's overall success.

Are you looking for your next opportunity?
Sompo has a unique opportunity for a Senior Underwriter in our Primary Retail Casualty Business Unit.
The Primary Retail Casualty team delivers a client-focused approach to risk management by providing comprehensive multi-line solutions. These include general liability, commercial auto, and workers' compensation coverages, offered through various program structures such as guaranteed cost, self-insured retentions (SIRs), deductibles, and captives. The team specializes in serving large accounts across diverse industries in the U.S., Mexico, and Canada, such as manufacturing, real estate, hospitality, financial institutions, professional services, life sciences, technology, retail, and Asian-interest sectors. Collaboration with other business units, including property, umbrella/excess, and environmental, is a key component of the team's strategy and contributes to the organization's overall success.

Location: This position will be based out of our New York, NY, Charlotte, NC, Purchase, NY, Garden City, NY or Morristown, NJ 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:

• Serve as a trusted underwriting expert, leveraging deep technical knowledge across a broad range of industries and casualty products, including Real Estate, Hospitality, Financial Institutions, Professional Services, Manufacturing, Life Sciences, Technology, Retail, General Liability, Workers Compensation, Commercial Auto, and Umbrella.
• Analyze submissions efficiently, evaluate risk exposures, and make timely underwriting decisions that align with Sompo’s underwriting appetite, guidelines, and profitability objectives.
• Apply advanced pricing and rating methodologies across a variety of program structures, including Guaranteed Cost, Captives, Self-Insured Retentions (SIRs), and Deductible programs. Develop profitable and competitive pricing strategies through comprehensive financial, exposure, and market analysis.
• Demonstrate underwriting expertise through strategic evaluation of large and complex casualty risks, including detailed account reviews, coverage analysis, and comprehensive file documentation.
• Prepare and evaluate underwriting recommendations, rate modifications, exceptions, referrals, and declination decisions to support profitable growth and achieve territory objectives.
• Build and maintain strong relationships with brokers and agency partners, serving as the primary underwriting contact. Represent Sompo in client and broker meetings, industry events, and networking opportunities to strengthen market presence and drive new business development within the assigned territory.

What You’ll Bring

• 5+ years of commercial underwriting experience, preferably within casualty lines.
• Bachelor’s Degree preferred, or equivalent combination of education and professional experience.
• Experience in underwriting and managing accounts of varying sizes with large brokerage houses, regional agencies, and specialty retail brokers.
• Demonstrated success in developing, quoting, negotiating, and binding profitable business while effectively managing portfolio performance.
• Established relationships with brokers and agents on both a regional and national level.
• Excellent Communication, presentation, negotiation and relationship-building skills.
• Strong analytical mindset with the ability to access complex risk, make sound business decisions and balance profitability with growth objectives.
• Willingness to travel to market assigned territory to include overnight trips (25%).

Salary Range: $100,000 - $170,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

Summary
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
• Pharmacy benefits with mail order options
• Dental benefits including orthodontia benefits for adults and children
• Vision benefits
• Health Care & Dependent Care Flexible Spending Accounts
• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
• Company-paid Disability benefits with very competitive salary continuation payments
• 401(k) Retirement Savings Plan with competitive employer contributions
• Competitive paid-time-off programs, including company-paid holidays
• Competitive Parental Leave Benefits & Adoption Assistance program
• Employee Assistance Program
• Tax-Free Commuter Benefit
• Tuition Reimbursement & Professional Qualification benefits

Who We Are And What We Stand For

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.