Jobs · Finance · New Jersey

Senior Underwriter, Private Equity

Sompo · Morristown, NJ · 2 wk 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 by exhibiting leadership skills and being a collaborative team player by nature.
  • Advanced proficiency with the Microsoft suite of products.

Skills

Not specified

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

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

Not specified

Similar jobs

Senior Underwriter

AXA XLChicago, IL· Today
Finance$108k–$209k/yrapply on careers.axa.com

Senior Underwriter

Arrowhead ProgramsIndiana, United States· Yesterday
Financeapply on bbinsurance.wd1.myworkdayjobs.com

Senior Underwriter

Carolina Casualty (a Berkley Company)Jacksonville, FL· Yesterday
Salesapply on careers-berkley.icims.com

Senior Underwriter

QuonticMesa, AZ· 1 wk ago
RemoteFinance$99k–$126k/yrapply on apply.workable.com

Senior Underwriter

PURE InsuranceCharleston, SC· 6 days ago
Sales$75k/yrapply on pureinsurance.wd5.myworkdayjobs.com