Assistant Vice President, Ocean Marine Underwriter

18 hours ago


Chicago, Illinois, United States Sompo International Holdings Ltd Full time
Job Title: Assistant Vice President, Ocean Marine Underwriting

At Sompo International, we are seeking a highly skilled and experienced Assistant Vice President to join our Ocean Marine team. As a key member of our underwriting team, you will be responsible for reviewing applications and financial requirements to determine the acceptability of risk in accordance with Sompo guidelines and standards.

Key Responsibilities:
  • Understand pricing components, rating methodology, and use of rating tools to price risks based on exposures and risk analysis.
  • Demonstrate technical underwriting skills through strategic, thorough account review and file documentation.
  • Use all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed.
  • Prepare quote for new and renewal business, service accounts throughout the policy term, and provide exemplary service to brokers.
  • Keep current on state/territory Insurance issues, trends, and regulations.
Requirements:
  • 8-10 years of Ocean Marine/Cargo underwriting experience.
  • Bachelor's Degree preferred.
  • Experience in working, production, and underwriting all sizes of accounts with large brokerage houses and specialty retailers.
  • Experience successfully underwriting, quoting, and binding profitable business.
  • Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint).
  • Excellent communication (both written and verbal) skills.
  • Strong analytical and organizational skills.
  • Strong negotiation skills.
  • Team player willing to contribute to the whole of the company.
What We Offer:
  • Competitive salary range: $110k - $185k.
  • Market-driven compensation and benefits programs.
  • Excellent family-friendly policies and flexible working provisions.
  • Opportunities for career growth and development.
  • A collaborative and inclusive work environment.

We are an equal opportunity employer and value diversity and inclusion in the workplace. If you are a motivated and experienced underwriter looking for a new challenge, please submit your application.



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