Vice President, Underwriting And Product Technical Manager (R1323)

Sompo International Holdings Ltd. (Sompo International) is seeking an Vice President, Underwriting and Product Technical Manager. This position can be located in the following Sompo Offices:

• Los Angeles, CA
• New York City
• Chicago, IL
• Boston, MA

The Underwriting and Product Technical Manager will report to the Vice President, Head of Technical Managers in the US and will handle referral business for all lines of business, develop underwriting strategies and guidelines, participate in special projects and provide subject matter expertise for the business.

Job Responsibilities:

• Collaborate with various functional areas across the organization to include Legal, Underwriting, Claims, Actuarial, Audit and Regulatory Compliance
• Educate and reinforce Underwriting strategy and guidelines to applicable team/s
• Work with RC to establish strategies and guidance
• Consult & coordinate with Underwriting, Actuarial, IT and Customer Service to elicit decision making
• Identify process/service improvement opportunities on a continuous basis
• Establish exposure identification, risk assessment, risk response, controls and monitoring of the standard LoB
• Provide product knowledge to Underwriting, Operations, IT, and other functional areas across the organization as needed
• Handle complex queries and referrals within delegated authority
• Subject Matter Expert on related to special projects and new processing system initiatives
• Subject Matter Expert and support for Underwriting team/s
• Review and implement legislative, regulatory, and other mandated changes
• Work collaboratively with Underwriters and Legal when drafting manuscript endorsements
• Participate and provides feedback for CAT modelling and Actuarial models
• Underwriting and Product knowledge of the Commercial Property and Casualty Industry
• Ensure Underwriting Initiatives and Strategies support overall growth, profitability and retention of business
• Provide input supporting the development of strategic business planning activities that align with Underwriting philosophy and practices
• Identify and Lead technical training initiatives and projects
• Communicate industry trends related to coverage, guidelines, and legal issues with Underwriting team/s
• Provide product knowledge to functional areas
• Provide Underwriting insight related to Underwriting tools
• Support the Underwriting team to execute business strategy to include pricing, rate adequacy, terms, and conditions
• Recommend product changes in response to consumer needs and marketplace trends
• Participate in pre-renewal, pipeline, new business pre-qualification meetings
• Partner Actuarial team to review insurance products that support profitability, competitive pricing and legal compliance

Qualifications:

• Experience advising and collaborating with Executive and Senior leadership
• Ability to make decisions with limited information and see issues through to resolution
• Property and/or Casualty knowledge and understanding of the industry
• Excellent analytical reasoning and problem-solving skills
• Excellent spoken and written communication skills, including the ability to communicate effectively to both technical and non-technical audiences that include all levels of management
• Strong commitment to providing superior client service
• Ability to work independently and as part of a cross-functional team
• Minimum of 10 years of in the Commercial P&C Industry
• Exceptional attention to detail
• Strong organizational and time management skills

Salary Range $ 121,000 - $220,000. 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:

• Employee Assistance Program
• Competitive paid-time-off programs, including company-paid holidays.
• Company-paid Disability benefits with very competitive salary continuation payments.
• 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.
• Dental benefits including orthodontia benefits for adults and children.
• Tax-Free Commuter Benefit
• Tuition Reimbursement & Professional Qualification benefits
• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
• Health Care & Dependent Care Flexible Spending Accounts.
• Competitive Parental Leave Benefits & Adoption Assistance program
• Vision benefits.
• 401(k) Retirement Savings Plan with competitive employer contributions.
• Pharmacy benefits with mail order options.

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

Visit our website at www.sompo-intl.com

Job Type: Full-time

Pay: $121,000.00 - $220,000.00 per year

Benefits:

• Vision insurance
• Dental insurance
• Health insurance
• 401(k)

Physical setting:

• Office

Schedule:

• Monday to Friday
• 8 hour shift

Supplemental pay types:

• Bonus pay

Work Location: Hybrid remote in New York, NY 10020