AVP, Accident & Health Reinsurance Underwriter
Sompo · Garden City, NY · 1 mo ago
On-siteFinance$150k–$200k/yrFull-time
About the role
SompoRe’s Reinsurance North America 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; and Special Risk.
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.
Responsibilities
- 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.
- Provide 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.
Requirements
- 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.
Pay
Salary range: $150,000 – $200,000. Actual compensation will depend on cost of living associated with your work location, qualifications, skills, competencies, and relevant experience.
Benefits
- Choice of two medical plans (Traditional PPO and Consumer Driven Health Plan with Health Savings Account and employer contribution).
- Pharmacy benefits with mail-order options.
- Dental benefits including orthodontia coverage for adults and children.
- Vision benefits.
- Health Care and Dependent Care Flexible Spending Accounts.
- Company-paid Life and AD&D benefits with optional supplemental life coverage for employee, spouse, and children.
- Company-paid Disability benefits with 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 and Adoption Assistance program.
- Employee Assistance Program.
- Tax-Free Commuter Benefit.
- Tuition Reimbursement and Professional Qualification benefits.