Underwriting Technician, Excess Casualty

About the role

Sompo has a unique opportunity for an Underwriting Technician on our Excess Casualty team. Our Excess Casualty team brings extensive expertise and maintains strong, long-standing relationships with a select group of appointed retail brokers. We provide a consistent underwriting approach and efficient turnaround times and are supported by an experienced claims team. We operate through a network of retail brokers who value long-term partnerships supported by a strong and reliable service commitment.

Responsibilities

• Assist underwriters with reviewing submissions, preparing Workbooks, drafting quotes, binders, policies, endorsements, and workflows.
• Prepare, review, and process binders, policies, and endorsements in accordance with final binders and established processing standards.
• Contact external distribution partners to obtain any required or outstanding underwriting information—both pre- and post-binding—to ensure complete and accurate file documentation, while implementing and maintaining a field service reputation recognized as superior in the industry.
• Ensure all underwriting activities comply with company policies, industry standards, and regulatory requirements while monitoring in-office workflow to meet management-defined service level agreements.
• Review and analyze facultative reinsurance certificates as directed by management, while identifying and resolving premium discrepancies by partnering with accounting to address and settle overdue balances.
• Maintain file integrity by ensuring all necessary documents are properly filed in ImageRight, while supporting file audits through ongoing file reviews and QA/QC processes.

Requirements

• 3 years of Insurance Industry experience as a technical/underwriting assistant with similar duties; Bachelor's degree is preferred.
• Ability and willingness to learn and understand terminology, coverages and appetite for specific industry groups and customers.
• Knowledge of and willingness to work as a team, supporting internal and external customers. Comfortable challenging norms while collaborating with colleagues at all levels of the organization.
• Strong problem solving and decision-making abilities. Exceptional oral and written communication skills. Ability to multi-task while demonstrating attention to detail.
• Advanced proficiency with the Microsoft suite of products, Nitro Pro, Image Right and Adobe Acrobat.

Qualifications

• High school diploma or equivalent.
• Valid driver’s license.

Skills

• Proficiency with Microsoft Office Suite.
• Experience with ImageRight and Adobe Acrobat.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong analytical and problem-solving skills.

Benefits

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 get adjusted upfront based on overall Company performance with final awards based on individual performance.

Pay

$55,000 - $100,000. 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

This position will be based out of our New York, NY office.

Summary

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. 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.