Senior Underwriting Assistant
About the role
Sompo has a unique opportunity for a Senior Underwriter Assistant to join our Reinsurance Underwriting Support team. Our team provides underwriting support across Sompo's global reinsurance platform. We partner closely with brokers, underwriters, and cross-functional teams to deliver accurate, timely underwriting execution through technical contract expertise, disciplined data management, and operational excellence.
Responsibilities
- Interpret and analyze reinsurance deals for accurate system entry and program setup.
- Manage underwriting programs by maintaining data integrity, documentation, reports, and portfolio tracking.
- Cook up the renewal process, including gathering prior-year data, experience reports, AM Best information, and accounting items.
- Review slips and contracts for accuracy, compare renewals, maintain diary systems, and ensure complete documentation supporting final contract terms.
- Monitor accounts, premium activity, cash receipts, contract adjustments, and provisional notices of cancellation.
- Partner with brokers, clients, Finance, Claims, IT, and Business Services to support contract administration and account processing.
- Create and maintain management and portfolio reports using underwriting systems, Excel, and reporting tools.
- Support business initiatives through research, financial analysis, presentations, marketing materials, and special projects.
- Identify opportunities to improve processes and systems, participate in user acceptance testing (UAT), and contribute ideas that enhance team effectiveness.
Requirements
- 5+ years of reinsurance industry experience with a broker, reinsurer, or ceded reinsurance department.
- Strong knowledge of reinsurance contract wording and underwriting support processes.
- Bachelor's degree or equivalent combination of education and relevant experience.
- Advanced Excel skills, including PivotTables; experience with Power BI is a plus.
- Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.
- Able to manage multiple priorities, work proactively, and collaborate effectively across teams.
- Experience maintaining accurate data, producing reports, and supporting underwriting operations in a fast-paced environment.
Qualifications
- Ability to work independently and as part of a team.
- Excellent communication and interpersonal skills.
- Proficiency in Microsoft Office Suite.
Skills
- Reinsurance contract knowledge.
- Data management and portfolio tracking.
- Renewal process coordination.
- Contract review and comparison.
- Financial analysis and reporting.
- Project management and special project support.
- Process improvement and UAT participation.
Benefits
At Sompo, we offer a 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.
Pay
Salary Range: $90,000 – $120,000
Schedule
Flexible schedule to accommodate the needs of the role and the team.