AVP, Underwriter

Sompo International; Birmingham; On-site; GBP 50,000 - 90,000; Full time

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 an Assistant Vice President Underwriter in our Management Liability team in our UK business:

The Management Liability team, established in 2014, boasts a robust network of brokers and provides a comprehensive range of management liability products. The team is committed to expanding its regional presence and aims to grow nationally across the UK and Ireland. We are dedicated to this initiative and are enthusiastic about developing the necessary infrastructure to support it.

Location: This position will be based out of either of Manchester or Birmingham office and report into the Head of National Management Liability UK. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you’ll be doing:

• Underwriting - Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management.
• Profitability - Focus on profitability of portfolio
• Production - heavy focus on regional broker development - Nationally in the UK.
• New Business - strong focus on new business production - main focus to grow regional/national ML portfolio.
• Renewal Retention - focus on renewal retention. Target to be set with unit head.
• Service - Implementation of first class underwriting Service, building a strong reputation that is recognised as superior in the Industry.
• Broker maintenance - continuous engagement with brokers including regular catchups, meetings, entertainment, etc.
• Market material - develop product supporting material including IPID, sales material, website and other product collateral to support marketing and production initiatives.
• Communication - continuous input, feedback and support at ML underwriting meetings.
• Collaboration – to work with other lines of business with a particular focus on Financial Institutions when building out the portfolio.
• Administration – All risks to be filed electronically to the standard set by the unit head.
• Reporting – data analysis and regular review of portfolio as and when required by unit head
• Travel - expectation of national travel where required and necessary

What you’ll bring:

• A minimum of 5 years relevant underwriting experience
• Experience and technical knowledge of underwriting Management Liability
• Experience in underwriting UK Management Liability business
• 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
• Appetite and hunger to learn and grow and ‘go the extra mile’.
• Eye for detail
• Ability to organize 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.

Sompo is an equal opportunity employer committed to a diverse workforce.

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