Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a Senior Underwriter in our Middle Market Private Equity Practice.
Our Middle Market Private Equity Practice offers diverse multi-line capabilities targeted at select industry verticals including real estate, hospitality, financial institutions, professional services, technology, and manufacturing. We work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition. The majority of this role’s focus will be on new business production and building new broker relationships in the Northeast.
Location: This position will be based out of our New York City office. We strive for collaboration, which is why we offer a work environmentwhere our employees thrive and develop long-lasting careers.
Our business, your impact, our opportunity:
What you’ll be doing:
Drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards
Demonstrate technical expertise and product knowledge in Middle Market Private Equity P&C Insurance (Property, General Liability, Workers’ Compensation, Automobile, Umbrella)
Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory while adhering to internal guidelines and strategies
Keeps current on state/territory issues, regulations, and trends, in addition to market conditions
Develop and maintain strong relationships with brokers, serving as the primary underwriting resource and point of contact by attending client/broker meetings, lunches, dinners, and other social outings with a minimum of 8-10 broker visits per month.
What you’ll bring:
Requires a bachelor’s degree or comparable experience, along with 2–3 years of P&C underwriting experience. Prior middle market underwriting or broking experience is strongly preferred.
Strong oral and written communication skills, adaptable to different situations, clear, and purposeful.
Remains calm under pressure with excellent organizational skills, integrity, and follow-through. Challenges norms while collaborating effectively with colleagues at all levels.
A proven ability to build and maintain strong business relationships with insureds, agents, and brokers.
Strong customer service orientation, responsive, with the ability to say no while preserving relationships.
Exhibits leadership skills and is a collaborative team player by nature.
Advanced proficiency with the Microsoft suite of products
Salary Range: $110,000-170,000. 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
- Tuition Reimbursement & Professional Qualification benefits
Who we are and what we stand for:
At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page
Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.
