What are the responsibilities and job description for the Senior Underwriter, Inland Marine position at Sompo?
Senior Underwriter, Inland Marine
Job Description
Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty insurance and reinsurance, established in March 2017 as the result of the acquisition of Endurance Specialty Holdings Ltd. by Sompo Holdings Ltd. (Sompo).
Sompo's core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. In addition, Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world.
Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange. Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance.
Summary :
We are seeking a Senior Underwriter for our Inland Marine business in our San Francisco, CA, Seattle WA, Irvine, CA, Los Angeles office locations. The U.S. Insurance Inland Marine practice offers a full portfolio of inland marine coverage including both mono-line and marine packages. Working with a select group of wholesale and retail brokers, our experienced specialists tailor solutions to meet the unique needs of each client. Providing individual risk policies as well as products for niche classes, we deliver risk solutions effectively and responsively.
Main areas of responsibility :
- Responsible for the underwriting of the Inland Marine business within assigned territory and agency base.
- Evaluates all individual risk characteristics to properly determine capacity, attachment point, terms and pricing to build and underwrite a diverse and profitable book of business.
- Maintains and enhances existing broker relationships and identify and develop new relationships both regionally and outside the territory.
- Develops and executes a marketing plan aimed at retaining existing business and producing new business.
- Keeps abreast of industry trends with regard to pricing, new lines of business, etc.
- Adapts underwriting techniques to underwriting guidelines and rating plans to write a wide range of account size and operations.
- Recommends amendments and enhancements, including coverage, policy forms, premium rate plans and underwriting guidelines, loss control guidelines, and distribution.
- Maintain files in an orderly manner consistent with company guidelines.
- Ability to work with others within a team and contribute to the development of others.
Qualifications, Skills and Experience :
Salary Range : $120,000 – $150,000. 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.
Sompo International is an equal-opportunity employer committed to a diverse workforce. M / F / D / V
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Salary : $120,000 - $150,000
