AVP, Accident & Health Reinsurance Underwriter

Sompo International Holdings Ltd.

$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Accident & Health reinsurance and brokering.
  • Proficient in specialty underwriting and detailed risk analysis.
  • Strong negotiation skills and ability to engage effectively with clients.
  • Preferred industry designations such as ARe or CPCU.
  • Excellent oral and written communication skills, with strong organizational abilities.
  • Demonstrated professional demeanor and commitment to client service.
  • Advanced knowledge of software tools, including AI, Microsoft Office Suite.

Responsibilities

  • Build and manage strong relationships with brokers to foster premium growth.
  • Oversee underwriting and client management for specialty A&H treaty portfolio.
  • Underwrite A&H specialty treaty business while meeting financial growth targets.
  • Represent SompoRe at industry events and engage in networking activities.
  • Deliver timely and professional risk assessments and solutions.
  • Conduct thorough risk analysis using internal models and market data.
  • Contribute to special projects aligning with corporate goals.

Benefits

  • Two medical plan options with employer contributions.
  • Pharmacy benefits and mail order options available.
  • Comprehensive dental and vision benefits, including orthodontia.
  • Health Care and Dependent Care Flexible Spending Accounts.
  • Company-paid life insurance and AD&D coverage, with supplemental options.
  • Competitive disability benefits with salary continuation.
  • 401(k) plan with competitive employer contributions.
  • Generous paid-time-off and company-paid holidays.
  • Parental leave and adoption assistance programs.
  • Employee Assistance Program for various support needs.
  • Tax-Free Commuter Benefit for transportation costs.
  • Tuition reimbursement and support for professional qualifications.
Full Job Description

Job Description

Are you looking for your next opportunity?

SompoRe has a unique opportunity for an AVP, Accident & Health Reinsurance Underwriterin our Reinsurance North America A&H team.

SompoRe’s A&H team offers protection on both a quota share and excess of loss basis, with significant capacity covering products, including but not limited to, Employer Stop Loss; HMO Reinsurance and Provider Excess; Short Term Medical; Special Risk, etc.

Location: This position may be based in our Garden City, NY, New York City, NY, or Morristown, NJ office, with consideration also given to candidates in any of our U.S. office locations. We strive for collaboration which is why we offer a work environmentwhere our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

  • Build, maintain, and manage strong broker relationships to drive organic premium growth and establish SompoRe as a trusted partner.

  • Manage underwriting, client management, and development across a niche specialty A&H treaty reinsurance portfolio in alignment with strategic business plans, underwriting appetite, and growth objectives.

  • Underwrite A&H specialty treaty business within established authority, guidelines, and a collaborative two-headed underwriting approach.Achieve stated financial objectives for growth and profitability within the A&H treaty portfolio.

  • Represent SompoRe’s capabilities through active engagement in on-site visits, industry conferences, and other networking opportunities.

  • Providing timely and professional services, delivering decisions and solutions promptly.

  • Perform risk analysis (exposure, aggregation, and profitability) using internal models and market data.

  • Participate in special projects that support corporate needs and objectives.

What you’ll bring:

  • 5 - 7 years of A&H related experience Broker Market/Direct and Primary.

  • Demonstrated proficiency in specialty underwriting.

  • Proven ability to perform detailed risk analysis and effectively engage in complex negotiations.

  • Industry designations such as ARe and/or CPCU are preferred.

  • Exceptional oral and written communication abilities, coupled with strong organizational skills and the capacity to meet tight deadlines.

  • Professional demeanor with a commitment to delivering outstanding client service and building long-term partnerships.

  • Ability to interact and collaborate with stakeholders across various levels of the organization.

  • Advanced knowledge of relevant software tools, including AI, Microsoft Word, Excel, Outlook, and other applications.

  • Willingness to travel as required to support client relationships and business objectives.

Salary Range:$150,000 - $200,000.  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.

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

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