Jobs · Finance · New York

Sr. Underwriter, E&S Property

Sompo · New York, NY · 1 mo ago
On-siteFinance$100k–$170k/yrFull-time
We need to output HTML fragment only, with headings

for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. Remove boilerplate etc. We need to parse the posting. Key content: - Intro: "Are you looking for your next opportunity? Sompo has a unique opportunity for a Sr. Underwriter in our E&S Property team." That's about the role. - Description: "Our E&S Property team considers all types of commercial occupancies for catastrophe protection based on individual risk characteristics. We entertain single location risks as well as large schedules of locations and consider risks throughout the US including those located in both catastrophe prone and non-catastrophe prone areas. Location: This position will be based out of our New York, NY offices. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers. Our Business, Your Impact, Our Opportunity" - Then "What you’ll be doing:" list of duties. - Then "What You’ll Bring" list of qualifications/requirements. - Then "Salary Range: $100,000 – $170,000" plus explanation. - Then benefits summary. - Then other fluff about ethics etc which is boilerplate; we should remove. We need sections: About the role (intro), Responsibilities (what you’ll be doing), Requirements (maybe combine qualifications and experience), Skills (maybe from what you bring), Benefits, Pay, Schedule (if any schedule info? Not present). There's no explicit schedule; maybe not include Schedule. We must not create sections with placeholder text. So only include sections with real content. We need to use

for each section heading. Use
  • for any list of duties/requirements/benefits. Use

    for prose. We must not repeat job title as heading. So no heading for Sr. Underwriter. We must not include Job ID etc. We must preserve all substantive information; do not invent or summarize away detail. We need to include location info maybe in About the role. We need to include "Our Business, Your Impact, Our Opportunity" maybe as part of About. We need to include "Location: This position will be based out of our New York, NY offices." We need to include "We strive for collaboration..." etc. We need to include the duties list exactly as given (but we can split into bullet points). The duties list is a long sentence with semicolons. We should break into separate

  • items for each duty. The text: "Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards.Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards; Understands pricing components and rating methodology; prices risk based on financial and competitive analysis;Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed;Exhibits strong 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 in order to drive results within the assigned territory; Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks; Keeps current on state/territory issues, regulations, and trends; and Complete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.Attend client/broker meetings, lunches, dinners and other social outings as applicableWillingness to travel to aggressively market assigned territoryAssist in mentoring Underwriting Trainees and junior underwriters" We need to split at semicolons and periods. Let's parse: 1. Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards. 2. Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards; 3. Understands pricing components and rating methodology; 4. prices risk based on financial and competitive analysis; 5. Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed; 6. Exhibits strong technical underwriting skills through strategic, thorough account reviews and file documentation; 7. Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory; 8. Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks; 9. Keeps current on state/territory issues, regulations, and trends; 10. Complete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc. 11. Attend client/broker meetings, lunches, dinners and other social outings as applicable 12. Willingness to travel to aggressively market assigned territory 13. Assist in mentoring Underwriting Trainees and junior underwriters We need to keep the content exactly; maybe minor punctuation adjustments okay but preserve meaning. Now "What You’ll Bring" list: - Minimum of 5 years of underwriting/insurance experience; - Bachelor’s Degree preferred - Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers; - Established underwriting, quoting, and binding track record of profitable business - Proven track record of building and maintaining strong business relationships with insureds, agents & brokers on both a regional and national level - Strong negotiation skills - Team player and collaborative by nature - Strong attention to detail We could categorize these as Requirements or Qualifications or Skills. The instruction: sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We need to decide which to use. We have responsibilities list. We have qualifications (education, experience). We have skills (negotiation, team player, attention to detail). We could put experience and education under Requirements, and soft skills under Skills. Or we could combine all under Requirements. But better to follow guidance: Use sections only when posting has real specific content. We have content for Requirements (experience, degree), Qualifications (maybe same), Skills (negotiation, teamwork, attention to detail). We could make Requirements for experience and education, Qualifications for track record etc, Skills for soft skills. But we need to avoid thin sections. Perhaps combine into Requirements (experience, education, track record, relationship building) and Skills (negotiation, team player, attention to detail). Qualifications maybe not needed. Let's see: The posting says "What You’ll Bring" includes both experience and skills. We could split: Requirements: Minimum of 5 years of underwriting/insurance experience; Bachelor’s Degree preferred; Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers; Established underwriting, quoting, and binding track record of profitable business; Proven track record of building and maintaining strong business relationships with insureds, agents & brokers on both a regional and national level. Skills: Strong negotiation skills; Team player and collaborative by nature; Strong attention to detail. That seems reasonable. Now Benefits: The summary list of benefits. We need to output as
    • items. Benefits list: - 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 We need to keep all. Pay: Salary Range: $100,000 – $170,000 plus explanation about actual compensation depending on factors. We need to include that as prose under Pay section. Schedule: No explicit schedule info; we should not create Schedule section. Now About the role: We need to include intro paragraphs: "Are you looking for your next opportunity? Sompo has a unique opportunity for a Sr. Underwriter in our E&S Property team. Our E&S Property team considers all types of commercial occupancies for catastrophe protection based on individual risk characteristics. We entertain single location risks as well as large schedules of locations and consider risks throughout the US including those located in both catastrophe prone and non-catastrophe prone areas. Location: This position will be based out of our New York, NY offices. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers. Our Business, Your Impact, Our Opportunity" We should not repeat job title as heading; but we can include the description. We need to output HTML fragment only. Let's craft:

      About the role

      Are you looking for your next opportunity? Sompo has a unique opportunity for a Sr. Underwriter in our E&S Property team. Our E&S Property team considers all types of commercial occupancies for catastrophe protection based on individual risk characteristics. We entertain single location risks as well as large schedules of locations and consider risks throughout the US including those located in both catastrophe prone and non-catastrophe prone areas. Location: This position will be based out of our New York, NY offices. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers. Our Business, Your Impact, Our Opportunity

      Responsibilities

      • Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards.
      • Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards.
      • Understands pricing components and rating methodology.
      • Prices risk based on financial and competitive analysis.
      • Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed.
      • Exhibits strong 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 in order to drive results within the assigned territory.
      • Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks.
      • Keeps current on state/territory issues, regulations, and trends.
      • Complete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.
      • Attend client/broker meetings, lunches, dinners and other social outings as applicable.
      • Willingness to travel to aggressively market assigned territory.
      • Assist in mentoring Underwriting Trainees and junior underwriters.

      Requirements

      • Minimum of 5 years of underwriting/insurance experience.
      • Bachelor’s Degree preferred.
      • Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers.
      • Established underwriting, quoting, and binding track record of profitable business.
      • Proven track record of building and maintaining strong business relationships with insureds, agents & brokers on both a regional and national level.

      Skills

      • Strong negotiation skills

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