Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a AVP , Senior Underwriter, Terrorism & Political Violence in our Underwriting team.
We are looking for an ambitious Senior Underwriter to join our Terrorism and Political Violence Team in London. In this role we will be looking for an underwriter with technical underwriting knowledge, strong market presence and relationships, as well as a good understanding of geopolitical affairs to navigate shifting global risks.
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:
Help execute on agreed strategy plan for Crisis Management
Handling renewal and new business within agreed parameters
Underwrite all accounts in accordance with underwriting guideline and individual authority statement
Reporting – data analysis and assist with regular review of portfolio
Dealing with Exposure Management tools and assist exposure analysis team when required
Preparing Frontsheets and UW rationales in readiness for peer review
Attend client presentations and meetings
Compliance with and evidencing of conduct risk requirements, including PBQA
Reporting and tracking of outstanding audit / compliance requirements and liaising with internal audit
Bound premium monitoring through Power BI and Guidewire
Liaising with insurance and reinsurance brokers
Training and educating junior members when required
Ad-hoc tasks & projects
Broker Engagement:
Develop and maintain effective relationships with Lloyd’s and London market brokers, working collaboratively with colleagues to support the team’s broker strategy.
Represent Sompo at broker and client meetings, the box at Lloyd’s and relevant industry events, with support where appropriate.
Monitor competitor activity and market trends to inform pricing and product development strategies.
Programme/Tools Used
Imageright
PowerBI and Guidewire
Front Sheets
Guidewire / Account Log
F Drive / Imageright
EBIX – Exposure Hub
What you’ll bring:
The candidate needs to have:
Minimum 3 years with the following Crisis Management Products Terrorism, Political Violence, Active Assailant
Prior experience underwriting international clients
Strong attention to detail
Strong problem solving and decision-making abilities
Excellent written and oral communication skills
Exceptional interpersonal skills with the ability to work with a team-oriented approach
Ability to work effectively and efficiently in a fast-paced, challenging environment
Numerate and an eye for detail
Ability to organise efficiently
Strong time management
Strong administration skills / file keeping
Comprehensive computer skills, including Microsoft Office Excel etc.
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 some of the benefits we offer, which may vary depending on the country:
Health & Wellness Benefits
Retirement & Savings Plans
Global Parental Leave & Adoption Assistance
Employee Assistance Program
Tuition Reimbursement & Professional Qualification benefits
Who we are and what…