VP - Underwriter Team Lead, Primary Retail Casualty

Are you looking for your next opportunity?Sompo has a unique opportunity for a Vice President - Underwriter Team Leader, on our Primary Retail Casualty underwriting team in our NYC, Garden City, NY, Morristown, NJ or Boston, MA office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.Sompo North America provides a client-centric service approach by offering comprehensive multi-line capabilities. Taking a holistic approach to risk management, the unit offers general liability, commercial auto, and workers' compensation lines of business through a diverse range of program structures including guaranteed cost, SIRs, deductibles, captives, and more. The unit focuses on large accounts across a wide range of industry practices in the U.S., Mexico, and Canada including manufacturing, real estate, hospitality, financial institutions, professional services, life sciences, technology, retail, and Asian-interest accounts. Additionally, engaging in cross-functional collaboration with our property, umbrella/excess, and environmental business units is integral to our organizational identity and success.Our Business, Your Impact, Our OpportunityWhat you’ll be doing:Effectively lead a team of underwriters & manage a book of business that deliver results meeting group long term profitability targetsOversee the team's compliance with corporate and internal audit standards, ensure adherence to the underwriting authority framework, and verify that proper approvals are obtained for risks, including those requiring referral and actuarial reviewIdentify new opportunities through a robust marketing effort in assigned regionsEffectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standardsGood understanding of pricing components and rating methodology; prices risk based on financial and competitive analysisAbility to analyze and underwrite specific risks such as Real Estate, Hospitality, Financial Institutions, Professional Services Firms, Manufacturing, Life Science, Technology, Retail etc.Knowledge in General Liability, Workers Compensation and AutoUses all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followedExhibits strong technical underwriting skills through strategic, thorough account reviews and file documentation on large casualty businessPrepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territoryKeeps current on state/territory issues, regulations, and trendsComplete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.What You’ll BringMinimum of 10+ years of underwriting/insurance experienceBachelor’s Degree preferredWell versed and experienced in working, producing, and underwriting all sizes of accounts with the large brokerage houses, agents, and specialty retailersEstablished underwriting, quoting, and binding track record of profitable businessWell established relationships with brokers and agents on both a regional and national levelStrong negotiation skillsTeam player and collaborative by natureStrong attention to detailExcellent oral and written communication skillsAbility to travel for internal/external meetings and client marketingSalary Range: $145,000 - $240,000 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, 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.SummaryWe 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 optionsDental benefits including orthodontia benefits for adults and children.Vision benefitsHealth Care & Dependent Care Flexible Spending AccountsCompany-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 payments401(k) Retirement Savings Plan with competitive employer contributionsCompetitive paid-time-off programs, including company-paid holidays.Competitive Parental Leave Benefits & Adoption Assistance programEmployee Assistance ProgramTax-Free Commuter BenefitTuition Reimbursement & Professional Qualification benefitsIn today’s world, what do we stand for?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.