VP, Engineered Risk

The U.S. Insurance Engineered Risk practice at Sompo provides first-party property coverage for contractor-controlled projects, including Contractor All Risk, Erection All Risk, and Civil infrastructure occupancies. This role is based in Alpharetta, GA; Dallas, TX; Chicago, IL; Houston, TX; New York, NY; Los Angeles, CA; or San Francisco, CA.

About the role

Responsible for developing the Engineered Risk business within their assigned territory. Underwrites complex construction projects, manages and develops producer and client relationships, and creates a reputation as an industry expert.

Responsibilities

• Develops and executes a regional marketing plan to retain existing business and produce new business.
• Provides technical expertise to Sompo's Global Risk Solution and Inland Marine product lines.
• Gathers and evaluates industry trends and competitive intelligence.
• Participates in the development of policy forms, premium rating plans, and underwriting guidelines.
• Maintains files in an orderly manner consistent with company guidelines.
• Works collaboratively with others within a team and contributes to the development of others.
• Attends industry functions.
• Travels nationally 25% of the time.

Requirements

• 12+ years of Engineered Risk/Construction Property underwriting experience.
• Established relationships with regional retail & wholesale brokers.
• Experience in successfully underwriting, quoting, and binding profitable business.
• Bachelor’s Degree with an Engineering discipline preferred.

Qualifications

• Strong attention to detail.
• Excellent oral and written communication skills.
• Strong analytical and organizational skills.
• Strong computer skills, including Microsoft Office applications.

Skills

• Technical expertise in engineered risk and construction property.
• Ability to work with others and contribute to team development.
• Industry knowledge and competitive intelligence gathering.
• Policy form and premium rating plan development.
• File maintenance and organization.
• Effective communication and presentation skills.
• Travel and attendance at industry functions.

Benefits

• Competitive salary range: $190,000.00 – $240,000.00.
• Medical, dental, vision, and pharmacy benefits.
• Flexible spending accounts for health care and dependent care.
• Life and disability insurance.
• 401(k) retirement savings plan with employer contributions.
• Paid time off and parental leave.
• Tuition reimbursement and professional qualification benefits.
• Employee assistance program.
• Tax-free commuter benefit.

Pay

$190,000.00 – $240,000.00, actual compensation depends on location and performance.

Schedule

National travel 25% of the time.