Jobs · Finance · New York

Senior Underwriter, Private Equity

Sompo · New York, NY · 2 mo ago
On-siteFinance$110k–$170k/yrFull-time

About the role

Sompo has a unique opportunity for a Senior Underwriter in our Middle Market Private Equity Practice. Our Middle Market Private Equity Practice offers diverse multi-line capabilities targeted at select industry verticals including 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. The majority of this role’s focus will be on new business production and building new broker relationships in the Northeast.

Responsibilities

  • Drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards
  • Demonstrate technical expertise and product knowledge in Middle Market Private Equity P&C Insurance (Property, General Liability, Workers’ Compensation, Automobile, Umbrella)
  • Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory while adhering to internal guidelines and strategies
  • Keeps current on state/territory issues, regulations, and trends, in addition to market conditions
  • Develops and maintains strong relationships with brokers, serving as the primary underwriting resource and point of contact by attending client/broker meetings, lunches, dinners, and other social outings with a minimum of 8-10 broker visits per month.

Requirements

Requires a bachelor’s degree or comparable experience, along with 2–3 years of P&C underwriting experience. Prior middle market underwriting or broking experience is strongly preferred.

Qualifications

  • Strong oral and written communication skills, adaptable to different situations, clear, and purposeful.
  • Remains calm under pressure with excellent organizational skills, integrity, and follow-through.
  • Challenges norms while collaborating effectively with colleagues at all levels.
  • Promotes a positive work environment and collaborates with others to achieve common goals.
  • Exhibits leadership skills and is a collaborative team player by nature.
  • Advanced proficiency with the Microsoft suite of products.

Skills

Strong customer service orientation, responsive, with the ability to say no while preserving relationships.

Benefits

See summary above.

Pay

$110,000-170,000. 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.

Schedule

This position will be based out of our New York City office.

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