VP, Underwriter, E&S Excess Casualty

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

Job summary

An established industry player is seeking a Vice President for E&S Excess Casualty Underwriting in Chicago. This role demands a seasoned professional with over 15 years of casualty underwriting experience, adept at managing relationships with brokers and evaluating risk. You will lead a dynamic team, adapting underwriting techniques to diverse business needs while executing marketing strategies to retain and grow the business. Join a forward-thinking company that values integrity and collaboration, offering competitive compensation and comprehensive benefits in a supportive environment. Your expertise will be pivotal in driving success and innovation in our operations.

Benefits

Medical Plans

Dental Benefits

Vision Benefits

401(k) Retirement Plan

Paid Time Off

Parental Leave Benefits

Tuition Reimbursement

Employee Assistance Program

Tax-Free Commuter Benefit

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 existing broker relationships.

Skills

Casualty Underwriting

Relationship Management

Risk Evaluation

Sales Skills

Team Collaboration

Education

Bachelor’s Degree

CPCU designation

Surplus Lines license

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 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.

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

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.