Sr. Underwriter, Ocean Marine

Sompo’s U.S. Insurance Ocean Marine practice offers a full portfolio of coverages including Marine Liability, Cargo, Blue Water Hull, Brown Water Hull, and Logistics. Working with a select group of wholesale and retail brokers, our experienced specialists tailor solutions to meet the unique needs of each client, delivering risk solutions effectively and responsively.

Responsibilities

• 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, and provide exemplary service to brokers.
• Keep current on state/territory insurance issues, trends, and regulations.

Requirements

• Minimum of 5 years of insurance underwriting experience preferred.
• Bachelor’s Degree preferred.
• Experience in working, production, and underwriting all sizes of accounts with large brokerage houses and specialty retailers.
• Experience successfully underwriting, quoting, and binding profitable business.
• Relationships with large brokers on both a regional and national level.
• Strong attention to detail and negotiation skills.
• Excellent oral and written communication skills.
• Team player and collaborative by nature.

Pay

Salary Range: $100,000 – $160,000. 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.

Benefits

• Two medical plans to choose from, including a Traditional PPO and 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 and Dependent Care Flexible Spending Accounts.
• Company-paid Life and AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse, and 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 and Adoption Assistance program.
• Employee Assistance Program.
• Tax-Free Commuter Benefit.
• Tuition Reimbursement and Professional Qualification benefits.

This position will be based out of our San Francisco, CA office. We strive for collaboration, offering a work environment where employees thrive and develop long-lasting careers.