VP, Environmental Underwriter
Sompo · Chicago, IL · 2 wk ago
On-siteFinance$190k–$250k/yrFull-time
About the role
The Vice President, Underwriter on our North America Environmental team will underwrite construction risks for environmental and professional exposures on practice and project basis, for contractors and owners and follow form excess opportunities for both contractors and owner exposures.
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
- 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
Qualifications
- 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
Skills
- Agility in underwriting
- Pricing and rating methodology
- Communication and negotiation skills
- Decision-making skills
- Underwriting discipline
- Marketing and sales skills
- Collaborative communication
- Attention to detail
- Oral and written communication skills
Benefits
At Sompo, we offer a comprehensive range of benefits to eligible employees, including:
- 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
$190,000.00 - $250,000.00
Schedule
Full-time