Job DescriptionSompo has a unique opportunity for a
Senior Underwriter in our
Commercial Management Liability (D&O) 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
San Francisco 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'll be doing:- Develop and maintain a profitable and highly penetrated Management Liability portfolio in the San Francisco/Pacific Northwest region.
- Identify and build a pipeline of new business opportunities both through new client prospects and existing clients.
- Develop and maintain a marketing plan for each assigned producer/territory; including tactics for individual broker success.
- Underwrite in accordance with underwriting guidelines and individual authority granted by management.
- Work collaboratively with actuarial and claims in the pricing and underwriting of risks.
- Monitor portfolio retention, growth and profitability.
- Create marketing materials to support new production initiatives.
- Participate in national and regional industry events.
- Monitor industry trends through trusted news sources.
- Uphold a field service reputation that is recognized as superior in the industry.
What you'll bring:- 3+ years of underwriting experience, 5+ years of underwriting/insurance experience preferred
- Management liability underwriting background, including D&O, Fiduciary, Crime and EPL products
- Experience in producing and underwriting all sizes of accounts with large brokerage houses, wholesalers, and specialty retailers.
- Strong analytical, marketing and communication skills
- Established relationships with brokers and customers
- Strong attention to detail
- Bachelor's degree preferred
Salary Range: $125,000 - $175,000 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 to our employees drive 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
