VP, Environmental Underwriter
Sompo · New York, NY · 2 wk ago
On-siteFinance$190k–$250k/yrFull-time
About the role
Sompo has a unique opportunity for a Vice President, Underwriter on our North America Environmental team. The position is open in Conshohocken, PA; New York, NY; Chicago, IL and Denver, CO offices.
Responsibilities
- Agility in underwriting to efficiently and comprehensively review submission documents to determine acceptability of risk in accordance with Sompo guidelines
- Demonstrate a solid understanding of pricing and rating methodology
- Price risk based on underwriting and competitive analysis
- Select, price and craft terms and conditions for risks in an innovative and competitive manner
- Communicate with strong sales and negotiation skills to promote Sompo proposals and brand, that result in positive production results
- Exhibit strong decision-making skills
- Maintain underwriting discipline to minimize exposure
- Select, price and craft terms and conditions for risks in an innovative and competitive manner
- Establish and maintain distribution relationships (Retail and Wholesale) to include regional and national distribution partners with generalist and specialty focus on construction, professional and environmental products
- Identify, qualify, manage and maintain distribution relationships
- Generate new business pipeline for specified classes and manage business renewal book
- Drive new business volume and production, along with marketing and sales responsibility
Requirements
- Preferably 10 years of underwriting/insurance experience in environmental, construction or professional areas
- Bachelor’s Degree, strongly preferred
- Strong market presence and visibility
- Consistent production track record
- Extensive depth of product and market knowledge
- Ability to establish, manage and maintain distribution and clients
- Strong marketing, sales and negotiation skills
- Ability to work as a part of a team with a collaborative communication approach
- Consistent emphasis with attention to detail
- Excellent oral and written communication skills
- Ability to present referrals, products, and capabilities to various audiences in different settings
Qualifications
- Preferably 10 years of underwriting/insurance experience in environmental, construction or professional areas
- Bachelor’s Degree, strongly preferred
- Strong market presence and visibility
- Consistent production track record
- Extensive depth of product and market knowledge
- Ability to establish, manage and maintain distribution and clients
- Strong marketing, sales and negotiation skills
- Ability to work as a part of a team with a collaborative communication approach
- Consistent emphasis with attention to detail
- Excellent oral and written communication skills
- Ability to present referrals, products, and capabilities to various audiences in different settings
Skills
- Agility in underwriting
- Understanding of pricing and rating methodology
- Ability to price risk
- Ability to select, price and craft terms and conditions
- Strong communication and negotiation skills
- Ability to establish and maintain distribution relationships
- Ability to identify, qualify, manage and maintain distribution relationships
- Ability to generate new business pipeline
- Ability to drive new business volume and production
Benefits
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
Pay
Salary Range: $190,000.00 - $250,000.00 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
The schedule for this role is not specified.