Underwriter, CML

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Underwriter, Commercial Management Liability as part of our CML team.

Our Sompo Commercial Management Liability team offers diverse capabilities targeted at providing Directors & Officers, Employment Practices, Fiduciary, and Commercial Crime Liability coverages for publicly-traded and privately-held companies, as well as not-for-profit organizations. We work through a network of Retail & Wholesale brokers who share our commitment to long-term partnerships built on a strong service proposition.

Location: This position will be based out of 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:

• Focuses on the production, underwriting, and servicing of profitable Commercial Management Liability business with an emphasis on properly determining capacity, attachment points, terms, and pricing.
• Maintaining & enhancing existing broker relationships, as well as identifying and developing new relationships within the Mid-Atlantic region with both retail and wholesale partners.
• Developing and executing marketing plans aimed at retaining existing business and producing new opportunities that fit within the CML division risk appetite.
• Interacting, communicating and negotiating with all levels of external and/or internal business partners.
• Monitors all industry and specific account trends by closely monitoring financial news and stock market developments through reading of the WSJ, Capital IQ, SNL, Moody's and other data sources.
• Implements a field service reputation that is recognized as superior in the industry.

What you'll bring:

• Ability to build and foster relationships with brokerage contacts within the Chicago Region Wholesale Network.
• 1-3 years in the financial sector and/or Underwriting & Insurance experience preferred
• Excellent oral and written communication skills
• Strong analytical and organizational skills
• Ability to travel approximate 10% of the time

Salary Range: $80,000 - $125,000 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:

• 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

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. Click here to learn more about life at Sompo.

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.