Job Description
Sompo has a unique opportunity for an Assistant Vice President, South-Central Regional Underwriting Manager as part ofour Commercial Management Liability team.
Our Sompo Commercial Management Liability team offers diverse capabilities targeted at providing Directors & Officers, Employment Practices, Fiduciary, and Commercial Crime Liability coverages for publicly-traded and privately-held companies, as well as not-for-profit organizations. We work through a network of Retail & Wholesale brokers who share our commitment to long-term partnerships built on a strong service proposition.
Location: This position will be based out of our Houston, TX office. 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 will be doing:
• Direct management responsibilities for South Central's Commercial Management Liability Team and providing one point of over-authority for those underwriters.
• Underwriting of Private and Public Company Directors and Officers Insurance, Employment Practices Liability, Fiduciary Liability and Crime.
• Ability to evaluate all individual risk characteristics and properly determine capacity, attachment point, terms and pricing
• Regional Underwriting Managers are responsible for setting / tracking / reporting monthly budgets with Zonal oversight.
• Maintain and enhance existing broker relationships as well as identify and develop new relationship within the South-Central region (mainly Texas, but also includes Oklahoma, Louisiana, New Mexico and Arkansas)
• Develop and execute marketing plan aimed at retaining existing business and producing new opportunities that fit with in the Sompo's Commercial Management Liability Division risk appetite
• Ability to participate in account discussions while exercising discretion and independent judgment in the analysis and evaluation of risk
• Ability to effectively interact, communicate and negotiate with all levels of external and/or internal business partners.
What you will be bring:
• Established relationships with Retail and Wholesale Network in South Central Marketplace
• Minimum of 5 years of Professional lines Underwriting Experience
• Bachelor's Degree
• Excellent oral and written communication skills
• Strong analytical and organizational skills
• Willingness to travel regularly as required by the role, including at least monthly travel to Dallas if based in Houston.
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
