VP - Commercial Surety Field Group Leader

Vice President, Commercial Surety Field Group Leader

Sompo has a unique opportunity for a Vice President, Commercial Surety Field Group Leader in our Surety business unit. In collaboration with the Surety Leadership team, this role is responsible for underwriting risks, while developing and nurturing field underwriters career development, and broker relationships across our growing Surety operation.

Location : This position will be based out of our Chicago or Alpharetta Sompo 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 :

• Reviews submissions and financial requirements to determine acceptability of risk in accordance with guidelines and standards
• Understands pricing components and rating methodology as well as use of the predictive modeling tools to price risk based on financial and competitive analysis
• Uses all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed
• Demonstrates 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 to drive results within the assigned territory
• Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price
• Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals
• Prioritizes time and resources to effectively manage and optimize producer performance
• Develops producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results
• Develops and implements distributor specific plans, monitors performance, and adjusts plan to ensure a substantial pipeline for future profitable growth
• Drives effective relationship management, underwriting team management, and client activities to build trust, facilitate negotiation and secure commitment with the customer

What you'll bring :

Salary Range : $200,000-$250,000 Actual compensation for this role will depend on several factors, including the cost of living associated with your work location, qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that our employees' talent, skills, and commitment drive our success. This is why we offer eligible employees competitive, high-quality compensation and benefit programs.

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 :

In today's world, what do we stand for? Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success and that when relationships are held in the highest regard, nothing can be accomplished. At Sompo, our ring is more than a logo; it is a symbol of our promise. To learn more about life at Sompo, click here.

Sompo is an equal-opportunity employer, and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributionswe are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.