AVP-Property Underwriting and Product Specialist (R1972)

Sompo is seeking a Property Underwriting and Product Specialist that would sit in any of the below Sompo Office locations to support the Property Product in the U.S., Canada, Mexico, Bermuda and Globally, where applicable.

• Alpharetta, GA
• Boston, MA
• Charlotte, NC
• Morristown, NJ
• New York City, NY

The Property Underwriting and Product Specialist role will provide product market analysis of Sompo’s Property Product and Technical Support to the Property Underwriters and Underwriting Technicians. This position is a part of the Chief Strategic Officer’s Organization and will directly report into the Senior Vice President, Property Product & Underwriting Leader.

Essential Duties and Responsibilities

• Identify and implement new and revised workflows within existing capabilities and as new functionality is released
• Manage multiple technical responsibilities and identify opportunities for improvement in operational business processes, in the following areas:
• Systems implementation
• Equipment Breakdown workflow and system implementation
• Multinational policy underwriting and workflow management
• Technical Property training and development
• Underwriting communication and documentation through SharePoint and other tools
• Provide counsel and training on general property insurance, technical topics/forms and underwriting best practices across multiple business units, including Legal, Operations and Compliance
• Monitor and liaise various audits (underwriting, internal department audit, treaty reinsurance audit) and identify opportunities for improvement through training, automation, and workflow management
• Identify opportunities to improve or introduce new Property related products and services
• Support Sompo product and underwriting through analysis and management of current/future needs
• Assist in standardization and automation of underwriting tools across global business units
• Assist in development of underwriting strategy and guidance
• Analyze reports to aid in Property portfolio and industry underwriting
• Identify specific growth and loss drivers
• Discover data-driven recommendations for portfolio improvement
• Coordinate with business unit leaders and learning/development teams to develop educational pathways that align with underwriting specializations
• Work closely with Project Managers on strategy/plan, development, and implementation of projects
• Lead communications related to the status of projects and deliverables
• Other duties as required by management

Qualifications

• Bachelor’s degree preferred
• 8-10 years Commercial Property Underwriting preferred
• Ability to communicate and gain buy in from all levels of the organization to include Executive Leadership
• History of coordination and cross collaboration in a matrixed and cross disciplined environment
• Strong negotiating, analytical, written, and organizational skills
• Strong technical aptitude with expert level computer skills
• Experience in policy rating and claims systems preferred
• Guidewire, Genius, Image Right and Claims Center
• Collaborative communication that fosters problem solving and autonomy
• Experience that translates business needs into efficient technology solutions with success measures
• Results driven with an ability to work autonomously as a self-starter

Salary Range: $110,000– $185,000 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 International, 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

Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at www.sompo-intl.com