Job DescriptionAre you looking for your next opportunity?Sompo has a unique opportunity for a
Senior Underwriter, Lawyers Professional Liability as part ofour
Sompo Professional Lines team.
Our Sompo Professional Lines Underwriting team offers Lawyers Professional Liability for primary and excess risks. We work through a network of brokers who share our commitment to long-term partnerships built on a strong service proposition.
Location: This position can be based out of our offices in
Chicago, IL, New York City, NY, Purchase, NY, Morristown, NJ, Alpharetta, GA, Charlotte, NC, Miami, FL. We strive for collaboration which is why we offer a work environmentwhere our employees thrive and develop long lasting careers.
What you'll be doing:- Underwriting of Lawyers Professional Liability
- Experience with admitted or non-admitted LPL products, including working within filed rates, forms and rules, and understanding state-specific requirements
- Ability to evaluate all individual risk characteristics and properly determine capacity, attachment point, terms and pricing
- Maintain and enhance existing broker relationships as well as identify and develop new relationships with both retail and wholesale partners.
- Develop and execute marketing plans aimed at retaining existing business and producing new opportunities that fit with in the Sompo Pro 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'll bring:- Minimum of 5-7 years of Lawyers Professional Liability Underwriting Experience; or equivalent
- Bachelor's Degree Preferred
- Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers
- Excellent oral and written communication skills
- Strong interpersonal, analytical, and organizational skills
- Ability to travel approximate 20% of the time
Salary Range: $125,000 - $165,000 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
