• Job Description

  Req#: R2523

  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 a Vice President, E&S Excess Casualty Underwriter. The position is located in our Chicago location reporting into the Senior Vice President, E&S Excess Casualty.

  Our seasoned U.S. Excess Casualty – E&S team applies significant expertise and creativity to complete placements. Leveraging our relationships with appointed wholesale brokers, we provide meaningful capacity, a consistent underwriting approach and timely coverage and claims responses.

  Our business, your impact, our opportunity:

  What you’ll be doing:

  • Underwrite lead and excess liability business

  • Evaluate all individual risk characteristics to properly determine capacity, attachment point, terms and pricing

  • Maintain and enhance existing broker relationships and identify and develop new relationships both regionally and outside the territory.

  • Adapt underwriting techniques to underwriting guidelines and rating plans to write a wide range of account size and operations

  • Develop and execute marketing plan aimed at retaining existing business and producing new business

  • Operate and lead in a team-based environment which includes claims, legal and actuarial staff

  • Collaborate and cross sell with other lines of business within Sompo

  Qualifications include:

  • Established relationships with regional wholesale brokers with ability to move business a plus

  • 15+ years of casualty underwriting experience

  • Bachelor’s Degree from a four-year College or University, preferred

  • CPCU designation and/or Surplus Lines license, preferred

  • Ability to uncover customer needs, position solutions and close deals

  • Demonstrated success in building and growing a profitable book of business and pipeline for future business

  Salary Range: $140,000 – 240,000. 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.

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