AVP, Excess Casualty

About the role

Sompo has a unique opportunity for an Assistant Vice President Underwriter in our Retail Excess Casualty Business Unit. Our Excess Casualty team brings extensive expertise and maintains strong, long-standing relationships with a select group of appointed retail brokers. We provide a consistent underwriting approach and efficient turnaround times and are supported by an experienced claims team. We operate through a network of retail brokers who value long-term partnerships supported by a strong and reliable service commitment.

Responsibilities

• Prioritize and evaluate new and renewal submissions to identify profitable opportunities aligned with business and corporate objectives.
• Audit individual risk characteristics to determine capacity, attachment point, terms, and pricing for a book of diverse account sizes and operations.
• Authorize quotes, binders, and invoices within authority limits.
• Ensure underwriting discipline and pricing align with profitability goals and guidelines.
• Build and expand the business portfolio by enhancing relationships and identifying new opportunities.
• Represent the company at broker/client meetings and networking events.
• Collaborate with cross-functional teams, including business development, claims, legal, and actuarial.

Requirements

• Bachelor’s degree preferred with a minimum of 8 years of underwriting experience and authority.
• Strong expertise in Excess Casualty insurance.
• Proven ability to exercise sound judgment, negotiate effectively, and make business decisions within authority limits; this skill set includes strong financial acumen, organizational skills, and accountability with exceptional verbal and written communication abilities.
• Collaborative team player with a proven ability to build and maintain strong relationships with insureds, agents, and brokers, as well as across Sompo’s organization.
• Ability to travel to market assigned territory to include overnight trips (25%).

Qualifications

Salary Range: $125,000 - $200,000 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.

Benefits

• 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.