Jobs · Finance · New Jersey

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.

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