AVP, Senior Underwriter, Terrorism & Political Violence

Job Description Are you looking for your next opportunity?

Sompo has a unique opportunity for a AVP, Senior Underwriter, Terrorism & Political Violence in our Underwriting team.

We are looking for an ambitious Senior Underwriter to join our Terrorism and Political Violence Team in London. In this role we will be looking for an underwriter with technical underwriting knowledge, strong market presence and relationships, as well as a good understanding of geopolitical affairs to navigate shifting global risks.

Location:

This position will be based out of our London 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 :

Help execute on agreed strategy plan for Crisis Management Handling renewal and new business within agreed parameters

Underwrite all accounts in accordance with underwriting guideline and individual authority statement

Reporting – data analysis and assist with regular review of portfolio

Dealing with Exposure Management tools and assist exposure analysis team when required

Preparing Front sheets and UW rationales in readiness for peer review

Attend client presentations and meetings

Compliance with and evidencing of conduct risk requirements, including PBQAReporting and tracking of outstanding audit / compliance requirements and liaising with internal audit

Bound premium monitoring through Power BI and Guidewire Liaising with insurance and reinsurance brokers

Training and educating junior members when required

Ad-hoc tasks & projects

Broker Engagement:

Develop and maintain effective relationships with Lloyd’s and London market brokers, working collaboratively with colleagues to support the team’s broker strategy.

Represent Sompo at broker and client meetings, the box at Lloyd’s and relevant industry events, with support where appropriate.

Monitor competitor activity and market trends to inform pricing and product development strategies.

Programme/Tools Used Image right Power BI and Guidewire Front Sheets Guidewire / Account LogF Drive / ImagerightEBIX – Exposure Hub What you’ll bring:

The candidate needs to have:

Minimum 3 years with the following Crisis Management Products Terrorism, Political Violence, Active Assailant Prior experience underwriting international clients

Strong attention to detail

Strong problem solving and decision-making abilities

Excellent written and oral communication skills

Exceptional interpersonal skills with the ability to work with a team-oriented approach

Ability to work effectively and efficiently in a fast-paced, challenging environment

Numerate and an eye for detail

Ability to organise efficiently

Strong time management

Strong administration skills / file keeping

Comprehensive computer skills, including Microsoft Office Excel etc.

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 under performs.  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 some of the benefits we offer, which may vary depending on the…