Sompo International

(Senior) Casualty Underwriter


PayCompetitive
LocationMunich/Bavaria
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R2860

      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

      A re y ou loo k ing for y our ne xt opportun i ty?

      We are seeking a (Senior) Casualty Underwriter for our insurance company in Cologne, Munich or Hamburg . This individual will strengthen the Underwriting team on various European underwriting matters.

      R e sponsi b i l i t i es include:

      • Independently manage and process a portfolio of Casualty contracts including analyzing underwriting information, performing the underwriting including creating offers with appropriate terms and conditions to achieve expected profitability
      • Conduct independent contract negotiations, participate in client meetings, and hold presentations to clients and brokers
      • Maintain existing client and broker relationships as well as develop new business opportunities
      • Contribute actively to the development of underwriting strategies
      • Support the development, introduction and modification of own products/product versions including the monitoring of the local market and product developments
      • Proactive and distinctive sales activities with clients and brokers, as well as participation in market events to promote awareness of the Sompo brand and increase the number of submissions
      • Active cross-selling with other Sompo International Specialty Lines products, in particular identifying insurance needs arising from an insured transaction

      Qua lifi c ati ons, Skil ls and Exp e ri en ce:

      • Adequate examination and /or 5-10 years of technical insurance experience in the local market
      • Enhanced understanding of underwriting basics, including coverage terms and premium rating, concerning classes of business allocated for regular business treatment
      • Enhanced understanding about legal and regulatory guidelines concerning classes of business allocated for regular business treatment
      • Enhanced level of business awareness in line with good negotiating skills
      • Enhanced communication skills in writing and verbal
      • Deep knowledge of corporate underwriting philosophy, techniques, national/local filing regulations and guidelines
      • Ability to effectively assess industrial risk by analytical skills; good judgment and problem-solving ability
      • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
      • Solid knowledge of processing methods and workflow procedures, and basic knowledge of insurance underwriting and regulations for assigned countries/territories abroad
      • Enhanced organizational skills in prioritizing work, multitasking and consistently meeting deadlines
      • Ability to work in a fast-paced, dynamic environment with changing priorities
      • Good language skills in German and English both verbally and in writing;

      O ur Bene f its

      We continuously e valuate and update our benefit prog rams to ens ure that our plans meet the needs of

      our e mplo yees and t heir d ependen t s. Below are a few highlights of our inclusive benefit program s:

      • Expansive Heal th & Wellness Benefits

      Gener ous Re tirement & Savings Plans

      Global Parental Le ave & Adoption Assis tan ce

      I n t oday’s w o r ld, what do we st and fo r?

      We strive to crea te except i onal value for our cl ients and shareholders while mai n taini ng Sompo as an at trac tive place to work. We fos t er an envir onment of ongoing, open dialogue between managers and their direct report s, and believe in an organizational envir o n ment where everyone bel ongs. We proudly are a mul ti-racia l, mul ti-cult ural, global enter prise. We reje ct all forms of racism, bigotry, prejudice and injus tice and continue to inve st in bu ilding out an inclusive and d iverse work environ men t.

      A bout Us

      Expert Pa r tners. Cl ari ty in c o mplex i ty. Unwa v ering com m i t m e n t .

      We’re Sompo, a global provider of prop er ty, casua l ty, and special ty insurance and reinsurance. Building on Sompo Holdings1 30 ye ars of innova tion, were co m mitted to applying all of our experience to simplify yours.

      Our dedica tion to you shows up in t he c are we put in e very detail, working to crea te a fric tionless risk management journey for everyone we s erve.

      We lead wi th yo ur priorit ies, meticulously craf ting solu t i ons, sharing insight s, and under standing your needs.

      Ar ound the world, our 9 , 0 00+ emplo yees use t heir exper tise to learn, im pro ve and find clear answers for your complex challenges.

      Because when you choose S ompo, you choose the ease of exper tise.

      T o l earn m ore abo ut v i s it our w ebs ite at w w w . so mpo - intl .com

  • 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.