Sr. Underwriter, Middle Market

6 days ago


Houston, United States Sompo International Holdings Ltd Full time
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

We are seeking a Senior Underwriter, Middle Market for our Sompo North America team located in the Houston, TX office (consideration for Dallas office). This position will be responsible for handling a renewal book, generating new business, and marketing for our Middle Market operation in the Southern Texas Area.

Servicing middle market and large accounts domiciled in the US, we work through a network of retail brokers who share our commitment to long-term partnerships.

Sompo North America provides a client-centric service approach by offering comprehensive multi-line capabilities to accounts in select industry verticals including real estate, hospitality, financial institutions, life sciences, technology, and professional services. Taking a holistic approach to risk management, the unit offers commercial property, primary casualty (general liability, commercial auto, workers' compensation), lead umbrella, and environmental coverages, as well as parametric natural catastrophe products to small, middle-market and large accounts across target industry verticals in the U.S., Mexico, and Europe. Sompo North America also offers the same level of sophisticated services and coverages to Asian-interest accounts in the U.S. and Mexico.

Duties and Responsibilities:
  • Ability to drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards;
  • Demonstrated technical expertise and product knowledge in Middle Market P&C Insurance (Property, General Liability, Workers' Compensation, Automobile, Umbrella)
  • Good understanding of pricing components and rating methodology; prices risk based on financial and competitive analysis;
  • Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed;
  • Exhibits technical underwriting skills through strategic, thorough account reviews and file documentation;
  • Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory;
  • Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks;
  • Keeps current on state/territory issues, regulations, and trends; and
  • Basic understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.
Desired Skills & Experience
  • Minimum 5 years of underwriting authority/insurance experience. (Less years of experience will be considered for "the right fit", title will be adjusted)
  • Bachelor's Degree preferred
  • Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, agents, and specialty retailers
  • Experience underwriting Property & Casualty accounts
  • Established underwriting, quoting, and binding track record of profitable business
  • Established relationships with brokers and agents in the Houston area.
  • Strong negotiation skills
  • Strong marketing skills
  • Team player and collaborative by nature
  • Strong attention to detail
  • Excellent oral and written communication skills
At Sompo International, 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.


Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at www.sompo-intl.com

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