Jobs · Finance · New York

Senior Underwriter, Middle Market

Sompo · New York, NY · 1 wk ago
On-siteFinance$100k–$170k/yrFull-time

About the role

Sompo has a unique opportunity for a Senior Underwriter in our Middle Market Business Unit. Our Middle Market Underwriting team offers diverse multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, and manufacturing. We work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition.

Location

This position will be based out of our New York, NY or Garden City, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.

What you’ll be doing

  • Demonstrate technical expertise and product knowledge in Middle Market P&C Insurance (Property, General Liability, Workers’ Compensation, Automobile, Umbrella)
  • Use all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed
  • Exhibits technical underwriting skills through strategic, thorough account reviews and file documentation
  • Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory
  • Develops and maintains strong relationships with brokers, serving as the primary underwriting resource and point of contact
  • Attends client/broker meetings, lunches, dinners, and other social outings as applicable and willingness to travel to aggressively market assigned territory

What You’ll Bring

  • Minimum 3 years of underwriting authority/insurance experience
  • Bachelor’s Degree Preferred
  • Experience in working, producing, and underwriting all sizes of accounts with large brokerage houses, agents, and specialty retailers
  • Experience of successfully underwriting, quoting, and binding profitable business
  • Established relationships with brokers and agents on both a regional and national level
  • Strong negotiation skills, Strong attention to detail, and excellent oral and written communication skills
  • Team player with grit, and collaborative by nature

Pay

Salary Range: $100,000 - $170,000

Benefits

Summary We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. 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

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