AVP, Underwriter, Excess Casualty

AVP, Underwriter

Sompo has a unique opportunity for an AVP, Underwriter on our Excess Casualty Retail team.

Our U.S. Excess Casualty team brings significant expertise and deep-seated relationships with select appointed retail brokers. They offer meaningful in-house capacity, a consistent underwriting approach, timely and efficient turnaround, and an experienced claims team.

Location : This position will be based in our Chicago, IL 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 :

What you'll be doing :

• Prioritize and evaluate new and renewal submissions to identify profitable opportunities aligned with business and corporate objectives
• Collaborate with cross-functional teams, including business development, claims, legal, and actuarial
• Stay informed on state / territory regulations, issues, and market trends
• Represent the company at broker / client meetings and networking events
• Build and expand the business portfolio by enhancing relationships and identifying new opportunities
• Communicate risk appetite and Retail Excess Casualty Value Proposition to brokers
• Develop and execute marketing strategies to retain and grow business
• Ensure underwriting discipline and pricing align with profitability goals and guidelines
• Foster strong customer relationships while maintaining a compliance-driven, risk-focused culture
• Authorize quotes, binders, and invoices within authority limits
• Leverage data analytics to improve underwriting efficiency and workflow
• Analyze and price coverage, structure, and exposures for individual risks
• Apply underwriting techniques within guidelines and rating plans to accommodate diverse account sizes and operations
• Assess individual risk characteristics to determine capacity, attachment point, terms, and pricing

What you'll bring :

Salary Range : $120,000 - $195,000. 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, 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 :

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, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo; it is a symbol of our promise.

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 contributions we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.