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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.
We are seeking an 2024 Underwriter Trainee for our offices located in New York, NY, and Alpharetta, GA.
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The Sompo International Trainee Program is an 18 month program beginning in Summer 2024 designed to give participants the business and technical skills they need to build a successful career in insurance.
Underwriting Trainees work alongside the most experienced underwriters in the industry to gain in-depth knowledge of our business units and underwriting philosophy. Through on-the-job learning, workplace mentoring and directed self-study, this program prepares trainees to earn underwriting authority at Sompo International.
Trainee participants work directly on their products accounts, building relationships and identifying customers’ needs. This rigorous curriculum also includes training in negotiation, risk analysis and relationship management.
Sompo International’s Trainee Program serves as a launchpad for career advancement, empowering participants to acquire the knowledge and skills essential for success in their respective fields.
What can I expect as a Trainee?
ON-THE-JOB LEARNING
Insurance requires a high degree of experience and expertise – something you can’t learn in the classroom. Sompo International trainees are immersed in the day-to-day activities of their team. They are given a rare opportunity to work alongside experts in the field to review submissions, analyze risks and expand their overall knowledge.
DIRECTED SELF-STUDY
Professional designation courses give new underwriters technical knowledge of insurance operations and industry practices. Sompo International supports employees pursuing continuing educations opportunities by covering the cost for fees and textbooks, offering time off work to take exams and providing additional compensation for successful completion of many courses.
CAREER DEVELOPMENT SUPPORT
At Sompo International, we are committed to developing our people. We encourage employees to strengthen their skills and expand their understanding of the business. Sompo International claims trainees receive professional development training on a variety of topics aligned with their respective business unit.
Qualifications, Skills and Experience:
Sompo International employees are some of the best and brightest in the industry. When recruiting the next generation of Sompo International employees, we consider graduating Seniors and recent college graduates with experience working in insurance, financial services, marketing or sales.
Additional requirements include:
Salary Range: $65,000 – $70,000 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:
Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V
Visit our website at www.sompo-intl.com
Full Time
Insurance
$67k-88k (estimate)
06/09/2024
07/13/2024
sompo.com.sg
SINGAPORE, CENTRAL
100 - 200
1989
Private
TAKANORI ONO
$5M - $10M
Insurance
Sompo Insurance is a provider of commercial and personal insurance products and services for individuals and businesses.
The job skills required for Underwriting Trainee (R1462) include Underwriting, Commitment, Financial Services, Integrity, Building Relationships, Reinsurance, etc. Having related job skills and expertise will give you an advantage when applying to be an Underwriting Trainee (R1462). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Underwriting Trainee (R1462). Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Underwriting Trainee (R1462) positions, which can be used as a reference in future career path planning. As an Underwriting Trainee (R1462), it can be promoted into senior positions as a Health Underwriter that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Underwriting Trainee (R1462). You can explore the career advancement for an Underwriting Trainee (R1462) below and select your interested title to get hiring information.