Jobs · Finance · Illinois

Sr. Underwriter, Energy Property

Sompo · Chicago, IL · 1 wk ago
On-siteFinance$130k–$160k/yrFull-time

About the role

Sompo has a unique opportunity for a Senior Underwriter in our Energy team. This position supports the North America Energy Property team to develop and implement an underwriting strategy that identifies profitable market opportunities, while working with a select group of wholesale and retail brokers and our experienced specialists to tailor solutions to meet the unique needs of each client.

Responsibilities

  • Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards;
  • Understand pricing components, rating methodology and use of rating tools to price risks based on exposures and risk analysis;
  • Demonstrate technical underwriting skills through strategic, thorough account review and file documentation;
  • Use all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed;
  • Prepare quotes for new and renewal business, service accounts throughout the policy term, provide exemplary service to brokers;
  • Keep current on state/territory insurance issues, trends, and regulations.

Requirements

5-8 years of Energy underwriting experience

Bachelor’s Degree preferred

Experience in working, producing, and underwriting all sizes of accounts with large brokerage houses and specialty retailers

Successfully underwriting, quoting, and binding profitable business

Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint)

Excellent communication (both written and verbal) skills

Strong analytical and organizational skills

Strong negotiation skills

Team player willing to contribute to the whole of the company

Qualifications

Not specified

Skills

Not specified

Benefits

See details in the "Benefits" section below.

Pay

$130,000 – $160,000

Schedule

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

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