• Job Description

  Req#: R2991

  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 as SVP, Head of Property, Energy & Engineering Lines, Continental Europe in our European Leadership Team.

  This role will work closely with the President, Continental Europe focusing on the development and expansion of our client and broker relationships, as well as supporting for the acceleration of profitable growth and retention in achieving profitability targets, in line with our local, regional and global strategies.

  Additionally, the role will require acting as a company ambassador in the marketplace and with other external stakeholders, seeking to develop and maintain relationships with these key constituents and influencers.

  Location: This position will be based out of one of our Continental European offices (Switzerland, France, Spain, Germany, Italy, Netherlands or Belgium). 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, Shared opportunity

  What you’ll be doing:

  • Own full P&L accountability and develop and execute the market strategy for Property across Continental Europe

  • Contribute to the growth and profitability of Sompo International Property portfolio by actively sourcing submissions

  • Meet and negotiate with clients and brokers to build relationships and to develop new and renewal business

  • Contribute to build a well-diversified and balanced book in terms of risk profile and segmentation

  • Actively participate in the development of underwriting strategies within the Property team and create comprehensive and appropriate Underwriting guidelines

  • Perform contract negotiation, attending and travelling to client meetings, presentations to customers and conducting underwriting reviews

  • Launch and maintain Property product versions for the local markets, watch local markets and product developments

  • Be responsible for underwriting document filings, accuracy of data entries to systems and contract integrity for accounts underwritten

  • Effectively interact, communicate and negotiate with all levels of external and/or internal business partners (such as Distribution, Claims, Operations, Finance)

  • Representing Sompo International externally at the highest level including interests with the press and relevant internal & external shareholders, in commercial negotiations and/or through participation in industry forums, corporate communications events, etc to raise Sompo International’s profile within the marketplace

  What you’ll bring:

  • 15+ years of experience working in underwriting and (senior) management positions in Property in Europe, wider experience is a plus
  • Deep insurance industry knowledge, underpinned by relevant qualifications and a strong track record of accomplishment
  • Strong expertise in international large Corporate and heavy industry risk underwriting (ideally including energy) of global insurance programs
  • Ability to manage and drive the regional Property P&L
  • Broad network within the local broker and inhouse risk manager Community
  • A strong visible leader who can carry people with him or her and is able to lead from the front, able to empower others and let them lead where they have the skills and capability to do so
  • A “business building” mindset with a demonstrated track record of success in growing a profitable book of insurance business
  • The highest levels of integrity
  • Strong leadership & interpersonal skills and a team player. Deep knowledge of international management processes and corporate dynamics as well as a thorough understanding of the market and industry environment; Able to provide clear direction through periods of change
  • Strong understanding of economic relationships, business models in the insurance industry and knowledge of strategy development
  • Recognizes opportunities and approaches new trends with an entrepreneurial mindset.
  • Ability to assess strategic issues and deliver tactical solutions. Strong experience in developing and executing annual and long-term strategic plans
  • Good understanding of the insurance regulatory environment in Continental Europe and its influence in business development, underwriting and claims management strategies
  • Naturally connects and builds strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively
  • Language skills: English, any further language is a plus
  • Willingness to travel internationally as required

  Our Benefits

  We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

  • Expansive Health & Wellness Benefits
  • Generous Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance

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

  We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

  About Us

  Expert Partners.
  Clarity in complexity.
  Unwavering commitment.

  We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

  Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

  We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

  Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

  Because when you choose Sompo, you choose the ease of expertise.

  Sompo is an equal opportunity employer committed to a diverse workforce.

  To learn more about visit our website at www.sompo-intl.com

• About the company

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

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