AVP, Property Facultative Underwriter

About the role

SompoRe has unique opportunities for AVP, Property Facultative Underwriters in our North America Property Facultative team in both the Eastern and Midwest Regions. Our disciplined approach to risk management and claims handling, coupled with strong analytical skills, enables us to provide broad multiline capability to successfully underwrite risks across our clients' insurance portfolios.

What You’ll Be Doing

• Build and maintain strong relationships with brokers and direct clients in your assigned region to drive organic premium growth and establish SompoRe as a trusted partner.
• Underwrite within all Property Facultative guidelines and support other underwriters in our collaborative two-headed approach to underwriting.
• Achieve stated financial objectives for growth and profitability within the property facultative portfolio.
• Represent SompoRe’s capabilities through active engagement in on-site visits, industry conferences, and other networking opportunities.
• Perform risk analysis (exposure, aggregation, profitability) using internal models and market data.
• Participate in special projects that support corporate needs and objectives.

What You’ll Bring

• 5 to 7 years of Property Facultative experience
• Broker Market and Direct
• Demonstrated proficiency in individual risk and automatic underwriting.
• Industry designations such as ARe and/or CPCU are preferred.
• Proven ability to perform detailed risk analysis and effectively engage in complex negotiations.
• 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

SompoRe offers a salary range of $165,000 – $220,000. 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

At Sompo, 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.

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