VP, Underwriter, E&S Excess Casualty

Sompo; Chicago (IL); On-site; USD 140,000 - 240,000; Full time

Job summary

An established industry player is seeking a Vice President of E&S Excess Casualty Underwriting in Chicago. This pivotal role involves underwriting lead and excess liability business while leveraging strong broker relationships. With over 15 years of experience in casualty underwriting, you will evaluate risks, adapt techniques, and develop marketing strategies to retain and grow business. Join a dynamic team committed to diversity and inclusion, where your expertise will drive success and innovation in the insurance sector. If you are ready to make a significant impact in a collaborative environment, this opportunity is tailored for you.

Qualifications

• 15+ years of casualty underwriting experience required.
• Established relationships with regional wholesale brokers are a plus.

Responsibilities

• Underwrite lead and excess liability business effectively.
• Maintain and enhance broker relationships for business growth.

Skills

Casualty Underwriting

Relationship Management

Risk Evaluation

Marketing Strategy

Team Collaboration

Customer Needs Assessment

Education

Bachelor’s Degree

CPCU designation

Surplus Lines license

Job description

VP, Underwriter, E&S Excess Casualty

Apply locations Chicago, Illinois time type Full time posted on Posted 2 Days Ago job requisition id R2523

Job Description

Sompo has a unique opportunity for a Vice President, E&S Excess Casualty Underwriter. The position is located in our Chicago location reporting into the Senior Vice President, E&S Excess Casualty.

Our seasoned U.S. Excess Casualty – E&S team applies significant expertise and creativity to complete placements. Leveraging our relationships with appointed wholesale brokers, we provide meaningful capacity, a consistent underwriting approach and timely coverage and claims responses.

What you’ll be doing:

• Underwrite lead and excess liability business
• Evaluate all individual risk characteristics to properly determine capacity, attachment point, terms and pricing
• Maintain and enhance existing broker relationships and identify and develop new relationships both regionally and outside the territory.
• Adapt underwriting techniques to underwriting guidelines and rating plans to write a wide range of account size and operations
• Develop and execute marketing plan aimed at retaining existing business and producing new business
• Operate and lead in a team-based environment which includes claims, legal and actuarial staff
• Collaborate and cross sell with other lines of business within Sompo

Qualifications include:

• Established relationships with regional wholesale brokers with ability to move business a plus
• 15+ years of casualty underwriting experience
• Bachelor’s Degree from a four-year College or University, preferred
• CPCU designation and/or Surplus Lines license, preferred
• Ability to uncover customer needs, position solutions and close deals
• Demonstrated success in building and growing a profitable book of business and pipeline for future business

Salary Range: $140,000 – 240,000. 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.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.