AVP, Accident & Health Reinsurance Underwriter
Sompo · Morristown, NJ · 1 mo ago
On-siteFinance$150k–$200k/yrFull-time
About the role
SompoRe’s Reinsurance North America A&H team is seeking an AVP, Accident & Health Reinsurance Underwriter to underwrite specialty treaty business within established authority and guidelines. This role involves managing underwriting, client relationships, and growth across a niche A&H treaty reinsurance portfolio, with a collaborative two-headed underwriting approach. The position supports SompoRe’s disciplined risk management and multiline underwriting capabilities, leveraging global experience and local market expertise.
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 Accident & Health (A&H) related experience, including broker market/direct and primary markets.
- Demonstrated proficiency in specialty underwriting.
- Proven ability to perform detailed risk analysis and 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
The salary range for this role is $150,000 – $200,000. Actual compensation will depend on factors including cost of living associated with your work location, qualifications, skills, competencies, and relevant experience.
Benefits
- Two medical plans to choose from, including a Traditional PPO and 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, 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 & Adoption Assistance program.
- Employee Assistance Program.
- Tax-Free Commuter Benefit.
- Tuition Reimbursement & Professional Qualification benefits.