AVP, E&S Property

Role Overview

• Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards
• Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards
• Understands pricing components and rating methodology; prices risk based on financial and competitive analysis
• Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed
• Exhibits strong technical underwriting skills through strategic, thorough account reviews and file documentation
• Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory
• Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks
• Keeps current on state/territory issues, regulations, and trends
• Complete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.
• Attend client/broker meetings, lunches, dinners and other social outings as applicable
• Willingness to travel to aggressively market assigned territory
• Assist in mentoring Underwriting Trainees and junior underwriters

Requirements

• Minimum of 8 years of underwriting/insurance experience
• Bachelor’s Degree preferred
• Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers
• Established underwriting, quoting, and binding track record of profitable business
• Proven track record of building and maintaining strong business relationships with insureds, agents & brokers on both a regional and national level
• Strong negotiation skills
• Team player and collaborative by nature
• Strong attention to detail

Benefits

• 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