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

• Bachelor’s Degree with 5 years of Insurance Industry experience as a technical/underwriting assistant with similar duties 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.
• Advanced proficiency with the Microsoft suite of products, Nitro Pro, Image Right and Adobe Acrobat.

Qualifications

• Ability to work independently and as part of a team.
• Strong attention to detail and organizational skills.
• Experience with insurance underwriting processes and procedures.
• Understanding of insurance policies, coverages, and risk assessment.

Skills

• Proficiency with Microsoft Office Suite.
• Knowledge of insurance industry regulations and compliance.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks simultaneously.

Benefits

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

Pay

Salary Range: $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

Full-time position based out of our New York, NY office.