Position
Senior Underwriter – Middle Market Private Equity Practice
Location
New York City, New York
What You’ll Be Doing
- Drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards.
- Demonstrate technical expertise and product knowledge in Middle Market Private Equity P&C Insurance (Property, General Liability, Workers’ Compensation, Automobile, Umbrella).
- Prepare or analyze information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory while adhering to internal guidelines and strategies.
- Keep current on state/territory issues, regulations, and trends, and market conditions.
- Develop and maintain strong relationships with brokers, serving as the primary underwriting resource and point of contact by attending client and broker meetings, lunches, dinners, and other social outings with a minimum of 8‑10 broker visits per month.
What You’ll Bring
- Bachelor’s degree or comparable experience, along with 2–3 years of P&C underwriting experience; prior middle market underwriting or broking experience is strongly preferred.
- Strong oral and written communication skills, adaptable to different situations, clear, and purposeful.
- Remains calm under pressure with excellent organizational skills, integrity, and follow-through; challenges norms while collaborating effectively with colleagues at all levels.
- Proven ability to build and maintain strong business relationships with insureds, agents, and brokers.
- Strong customer service orientation, responsive, with the ability to say no while preserving relationships.
- Exhibits leadership skills and is a collaborative team player by nature.
- Advanced proficiency with the Microsoft suite of products.
Salary Range: $110,000-170,000 (actual compensation depends on qualifications, skills, and experience).
The compensation program includes a base salary and incentive awards that are adjusted based on overall company performance and individual performance.
Benefits
- Two medical plans (Traditional PPO and Consumer Driven Health Plan with Health Savings Account and 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; optional supplemental life coverage for employee, spouse & children.
- Company-paid Disability benefits with 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.