Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for an VP, Delegated Authority Underwriter, in our Delegated SME & Middle Market team.
Our SME & Middle Market Underwriting team offers comprehensive multi-line capabilities targeted at select industry verticals of real estate, hospitality, financial institutions, professional services, technology, and life science. We work through a network of retail brokers and MGAs who share our commitment to long-term partnerships built on a strong service proposition. This role will focus specifically on the delegated authority sector, building our book and working alongside the Head of UK SME & Middle Market, and working with our partner brokers & MGAs in the UK.
Location: This position will be based out of our London 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:
- Manage and develop new and existing delegated relationships.
- Responsibility for the P&L of your delegated partners through active account management.
- Responsibility for ensuring all appropriate LOBs are actively sold to your delegated partners.
- Support the wider delegated team in referrals and account management as appropriate.
- Price and analyze coverage, structure and exposures on individual risks which are referred in from delegated partners.
- Supports our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture. Emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite. Conducts individual account underwriting audits as needed.
What you’ll bring:
- At least 15+ years of underwriting experience.
- Significant experience within the delegated underwriting sector at underwriter and management level.
- Established relationships with existing delegated partners.
- Strong negotiation skills.
- Excellent communication (both written and verbal) skills.
Our Benefits
We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:
- Expansive Health & Wellness Benefits
- Generous Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
In today’s world, what do we stand for?
We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.
About Us
Expert Partners.
Clarity in complexity.
Unwavering commitment.
We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.
Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.
We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.
Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.
Because when you choose Sompo, you choose the ease of expertise.
To learn more about visit our website at www.sompo-intl.com
