Sompo has a unique opportunity for an Underwriting Assistant on our Excess Casualty team.
Our U.S. and Canada Insurance Excess Casualty – Retail team partners with national retail brokers to offer third-party liability coverage for the middle market through national accounts. We assist clients across the U.S. and Canada by providing risk solutions effectively and responsively.
Location: This position will be based out of our New York City 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 quote, binder, policy issuance, and endorsement workflows
Create, register, process and distribute binders, policies, and endorsements within processing standards
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 communication with producers for any outstanding information or subjectivities, ensuring prompt responses to calls and emails
Implement and maintain a field service reputation that is recognized as superior in the industry
What you’ll bring:
Minimum of 2-5 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 and Adobe Acrobat
Strong planning and organizational skills with the ability to handle multiple tasks efficiently
Undergraduate degree or equivalent demonstrable industry experience
Salary Range: $60,000 - $85,000 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.
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
In 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.
