VP, Environmental Underwriter

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Vice President, Underwriter on our North America Environmental team.

The experienced insurance professional will underwrite construction risks for environmental and professional exposures on practice and project basis, for contractors and owners and follow form excess opportunities for both contractors and owner exposures.

Location: This position will be considered in Conshohocken, PA; New York, NY; Chicago, IL and Denver, CO offices.

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:

• Agility in underwriting to efficiently and comprehensively review submission documents to determine acceptability of risk in accordance with Sompo guidelines

• Demonstrate a solid understanding of pricing and rating methodology

• Price risk based on underwriting and competitive analysis

• Select, price and craft terms and conditions for risks in an innovative and competitive manner

• Communicate with strong sales and negotiation skills to promote Sompo proposals and brand, that result in positive production results

• Exhibit strong decision-making skills

• Maintain underwriting discipline to minimize exposure

• Establish and maintain distribution relationships (Retail and Wholesale) to include regional and national distribution partners with generalist and specialty focus on construction, professional and environmental products

• Identify, qualify, manage and maintain distribution relationships

• Generate new business pipeline for specified classes and manage business renewal book

• Drive new business volume and production, along with marketing and sales responsibility

What you'll bring:

• Preferably 10 years of underwriting/insurance experience in environmental, construction or professional areas

• Bachelor’s Degree, strongly preferred

• Strong market presence and visibility

• Consistent production track record

• Extensive depth of product and market knowledge 

• Ability to establish, manage and maintain distribution and clients

• Strong marketing, sales and negotiation skills

• Ability to work as a part of a team with a collaborative communication approach

• Consistent emphasis with attention to detail

• Excellent oral and written communication skills

• Ability to present referrals, products, and capabilities to various audiences in different settings

Salary Range: $190,000.00 - $250,000.00 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

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.