VP, Environmental Underwriter

Sompo; Chicago (IL); On-site; USD 190,000 - 250,000; Full time

Benefits offered by this job

Two medical plans

Dental benefits

Vision benefits

401(k) Retirement Savings Plan

Competitive paid time off

Tuition Reimbursement

Job summary

Sompo is seeking a Vice President, Underwriter for the North America Environmental team in Chicago, IL. The ideal candidate will possess 10+ years of underwriting experience in environmental, construction, or professional areas, with a strong focus on sales and negotiation. Responsibilities include risk assessment, pricing strategy, and relationship management to drive new business and maintain distribution channels. Competitive salary range is $190,000 - $250,000 along with comprehensive benefits including medical plans, 401(k), and more.

Qualifications

• Preferably 10 years of experience in environmental, construction, or professional underwriting.
• Strong market visibility and production track record required.
• Excellent communication skills necessary.

Responsibilities

• Review submission documents to determine acceptability of risk.
• Price and craft terms and conditions for underwriting risks.
• Establish and maintain distribution relationships.

Skills

Underwriting/Insurance Experience

Market Presence

Sales and Negotiation Skills

Attention to Detail

Team Collaboration

Education

Bachelor’s Degree

Job description

Overview

Vice President, Underwriter on the North America Environmental team. The experienced insurance professional will underwrite construction risks for environmental and professional exposures on practice and project basis, for contractors and owners, and follow form excess opportunities for both contractors and owner exposures.

Location: This position will be considered in Conshohocken, PA; New York, NY; Chicago, IL and Denver, CO offices.

Responsibilities

• Agility in underwriting to efficiently and comprehensively review submission documents to determine acceptability of risk in accordance with Sompo guidelines
• Demonstrate a solid understanding of pricing and rating methodology
• Price risk based on underwriting and competitive analysis
• Select, price and craft terms and conditions for risks in an innovative and competitive manner
• Communicate with strong sales and negotiation skills to promote Sompo proposals and brand, that result in positive production results
• Exhibit strong decision-making skills
• Maintain underwriting discipline to minimize exposure
• Establish and maintain distribution relationships (Retail and Wholesale) to include regional and national distribution partners with generalist and specialty focus on construction, professional and environmental products
• Identify, qualify, manage and maintain distribution relationships
• Generate new business pipeline for specified classes and manage business renewal book
• Drive new business volume and production, along with marketing and sales responsibility

Qualifications

• Preferably 10 years of underwriting/insurance experience in environmental, construction or professional areas
• Bachelor’s Degree, strongly preferred
• Strong market presence and visibility
• Consistent production track record
• Extensive depth of product and market knowledge
• Ability to establish, manage and maintain distribution and clients
• Strong marketing, sales and negotiation skills
• Ability to work as a part of a team with a collaborative communication approach
• Consistent emphasis with attention to detail
• Excellent oral and written communication skills
• Ability to present referrals, products, and capabilities to various audiences in different settings

Salary Range: $190,000.00 - $250,000.00. 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.

Benefits and Compensation

• 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, with option to purchase Supplemental life coverage for employee, spouse & children
• Company-paid Disability benefits with 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

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

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.