Avp, Underwriting Lawyers Professional Liability, Sompo Pro

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 an Assistant Vice President, Underwriting - Lawyers Professional Liability, Sompo Pro for our Chicago, IL or New York, NY office.

Essential Duties and Responsibilities:

• Experience in admitted Lawyers Professional Liability products, including knowledge of underwriting guidelines, regulatory compliance, and market trends specific to this insurance segment.

• Ability to evaluate and underwrite all individual risk characteristics and properly determine capacity, attachment point, terms and pricing.

• Proficiency in navigating and adhering to the regulatory requirements for admitted Lawyers Professional Liability across different states and jurisdictions.

• Involvement in the development and enhancement of admitted Lawyers Professional Liability products, including collaborating with the project team on creating policy forms, endorsements, and rates that comply with regulatory standards.

• A thorough understanding of the competitive landscape and market dynamics for admitted Lawyers Professional Liability, including knowledge of key competitors and emerging opportunities.

• Maintain and enhance existing broker relationships as well as identify and develop new relationships within the region.

• Ability to effectively interact, communicate and negotiate with all levels of external and/or internal business partners.

Qualifications:

• Established relationships with Retail and Wholesale Network

• 10+ years of Lawyers Professional Liability Underwriting

• Excellent oral and written communication skills

• Strong analytical and organizational skills

• Ability to travel approximate 20% of the time

Salary Range: $100,000- $180,000 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 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.co