AVP, Cyber/E&O Underwriter

Sompo InternationalChicago, IL
1d$135,000 - $190,000Onsite

About The Position

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description Are you looking for your next opportunity? Sompo has a unique opportunity for an Assistant Vice President, Cyber/E&O Underwriter as part of our Sompo Pro team. Our Sompo Pro Liability team offers diverse capabilities targeted at providing Miscellaneous Professional Liability, Technology Errors and Omissions, Cyber Liability, Media Liability, Architects and Engineers Professional Liability, and Insurance Agents and Brokers Errors & Omissions Liability coverages. We work through a network of Retail & Wholesale brokers who share our commitment to long-term partnerships built on a strong service proposition. Location: This position will be based out of our Chicago, IL office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.

Requirements

  • Established relationships with Retail Broker Network
  • Minimum of 7 years of Professional lines Underwriting Experience
  • Excellent oral and written communication skills
  • Strong analytical and organizational skills
  • Ability to travel approximately 10% of the time

Responsibilities

  • Underwriting of Miscellaneous Professional Liability, Technology Errors and Omissions, Cyber Liability, Media Liability, Architects and Engineers Professional Liability, and Insurance Agents and Brokers
  • Lead the Chicago retail team for above products
  • Ability to evaluate all individual risk characteristics and properly determine capacity, attachment point, terms and pricing
  • Maintain and enhance existing broker relationships as well as identify and develop new relationships within the Northeast region with retail partners.
  • Develop and execute marketing plan aimed at retaining existing business and producing new opportunities that fit with in the Sompo Pro division risk appetite
  • Ability to participate in account discussions while exercising discretion and independent judgment in the analysis and evaluation of risk
  • Ability to effectively interact, communicate and negotiate with all levels of external and/or internal business partners.

Benefits

  • 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
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