What are the responsibilities and job description for the Underwriting Technician, Large Casualty position at Sompo?
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Sompo has a unique opportunity for an Underwriting Technician on our Large Casualty Underwriting Support team.
Location: This position will be based out of our Alpharetta, GA, Boston, MA, Charlotte, NC, Chicago, IL, Los Angeles, CA, New York City, or Morristown NJ office. 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, Our Opportunity
What you’ll be doing:
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.
Summary
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:
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.
Sompo has a unique opportunity for an Underwriting Technician on our Large Casualty Underwriting Support team.
Location: This position will be based out of our Alpharetta, GA, Boston, MA, Charlotte, NC, Chicago, IL, Los Angeles, CA, New York City, or Morristown NJ office. 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, Our Opportunity
What you’ll be doing:
- Assist underwriters with quoting, binding, policy issuance, and endorsement workflows
- Prepare rates, and send quote letters to brokers, adhering to workflows and guidelines
- Conduct underwriting analysis and manage risk reports, pricing models, and premium discrepancies
- Prepare and maintain underwriting files, such as underwriting workbooks, ensuring for file integrity
- Review and analyze facultative reinsurance certificates as determined by management
- Ensure all underwriting activities comply with company policies, industry standards, and regulatory requirements
- Proactively communicate with producers for any outstanding information or subjectivities, ensuring prompt responses to calls and emails
- Organize events, meetings, and vendor management and serve as the first point of contact for loss control and claims
- Implement and maintain a field service reputation that is recognized as superior in the industry
- Minimum of 2 years’ experience as a technical/underwriting assistant with similar duties
- Ability to effectively communicate information and ideas to drive our business
- Technical capabilities such as Microsoft Office Suite, ImageRight, and Adobe Acrobat
- Eagerness to learn and understand industry-specific terminology, coverages, and customer needs
- Strong planning and organizational skills with the ability to handle multiple tasks efficiently
- Undergraduate degree or equivalent demonstrable industry 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.
Summary
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
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.
Salary : $60,000 - $90,000