Sompo International

Associate Product Line Manager, Commercial Property & Specialty Lines


Pay$115000.00 - $140000.00 / year
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R2303

      As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

      Job Description

      Are you looking for your next opportunity?

      Sompo has a unique opportunity for an Associate Product Line Manager, Commercial Property & Specialty Lines in our Product Development team.

      Our Product Development team is responsible for managing commercial property and casualty insurance products for Sompo Insurance. As an Associate Product Line Manager, you will be responsible for providing a wide range of support to the Product Development team including corporate governance, product development, and state filings for commercial insurance products across Sompo North America Insurance operations.

      Location: This position may be based out of our Charlotte, NC, New York, NY or Morristown, NJ offices. 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:

      What you’ll be doing:

      • Supporting the Technical Product Line Managers with a focus on Commercial Property, while gaining exposure to Inland Marine, Ocean Marine, and other Specialty products

      • Conducting research to support product maintenance, LCM/rate reviews, development of new products and ongoing updates and enhancements

      • Assisting with state filings process, including the creation and maintenance of forms, templates, manuals, and other required documents

      • Providing operational and underwriting support by assisting in the distribution process for alerts, notices and other materials, developing underwriting guidelines, training, and tools

      • Supporting audit processes to ensure consistency and compliance including audit preparation, monitoring recommendations and updating dashboards

      What you’ll bring:

      • Minimum 4 years of experience in underwriting commercial lines of business such as commercial property, marine, or other specialty products

      • Knowledgeable in insurance underwriting and/or insurance operations

      • Strong verbal and written communications skills

      • Undergraduate degree or industry designation is a plus but not required

      Salary Range : $115,000 – $140,000 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.

      At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer 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 gets adjusted upfront based on overall Company performance with final awards based on individual performance.

      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

      In today’s world, what do we stand for?

      Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.

      Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

  • About the company

      Sompo International is a leading global specialty provider of property and casualty insurance and reinsurance.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at accessibility@talentify.io or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report. NYC applicants may request an alternative process or accommodation at aedt@talentify.io or 407-000-0000.