AVP, Underwriter, Environmental

About the role

Sompo has a unique opportunity for an AVP, Underwriter in our U.S. Environmental Insurance team. The position can be based out of our Houston or Dallas offices.

Responsibilities

• Meet stated financial objectives for growth and profitability for the Environmental elements of the Specialty portfolio.
• Create and maintain relationships to showcase Sompo’s products and capabilities beyond underwriting, including market trends, audits, and claims; represent Sompo through on-site visits, industry conferences, and other engagements.
• Review and resolve premium audit issues.
• Utilize underwriting standards, practices, and tools to determine accurate classifications, rates, and premium charges.
• Review applicable laws and regulations, including cancellation and non-renewal protocols, in assigned locations.
• Perform and/or oversee risk analysis (exposure, aggregation, scenario testing, and profitability) using internal models and market data.
• Support internal and external audits; identify control gaps and drive remediation actions where needed.
• Partner with Claims, Actuarial, Cat/Exposure Management, Finance, and Operations to support underwriting outcomes and portfolio health.

Requirements

• 7+ years of casualty or environmental underwriting experience.
• Familiarity with required forms and coverages.
• Knowledge of relevant laws associated with US Environmental underwriting coverages.
• Experience underwriting non-admitted lines of coverage, and working with wholesale and retail brokers/agents.

Qualifications

• Demonstrates an understanding and ability to effectively engage in the negotiation process.
• Adept at risk selection, exposure evaluation and ability to rate, quote, and sell admitted and non-admitted solutions.
• Excellent organizational skills.
• Very strong analytical, oral and written communication skills required.
• Ability to meet tight deadlines is essential.
• Strong customer service with a professional attitude and approach needed.
• Ability to interact and communicate with various levels of the organization to cross-sell or address processing requirements.
• Demonstrate significant contribution to underwriting profit.
• Proficient in associated computer programs, including Word, Excel, Outlook, etc.

Skills

• Strong negotiation and relationship-building skills.
• Effective risk assessment and management.
• Proactive problem-solving and decision-making abilities.
• Strong analytical and quantitative skills.
• Excellent interpersonal and communication skills.

Benefits

At Sompo, we offer a comprehensive range of benefits designed to support your well-being and career growth. These include:

• 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.
• Tax-Free Commuter Benefit.
• Tuition Reimbursement & Professional Qualification benefits.

Pay

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.

Schedule

The position can be based out of our Houston or Dallas offices.