Assistant Vice President, North America Environmental

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe, and Asia, we recognize that our success is derived directly from those who matter the most:
our people
. At Sompo International, our values of integrity, collaboration, agility, execution, and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative, and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world.

Our compensation and benefits programs are market-driven and competitive, with excellent family-friendly policies and flexible working provisions.

We are seeking an Assistant Vice President Underwriter for the North America Environmental team in Chicago, Alpharetta, or New York City. The experienced insurance professional will underwrite construction risks for environmental and professional exposures on a practice and project basis, for contractors and owners. They will also underwrite site environmental liability for specified appetite and follow form excess opportunities for both contractors and owner exposures.

• Agility in underwriting to efficiently and comprehensively review submission documents to determine acceptability of risk in accordance with Sompo guidelines
• Demonstrate a solid understanding of pricing and rating methodology
• Price risk based on underwriting and competitive analysis
• Manage and justify rate changes
• Select, price and craft terms and conditions for risks in an innovative and competitive manner
• Communicate with strong sales and negotiation skills to promote Sompo proposals and brand, resulting in positive production results
• Exhibit strong decision-making skills
• Adhere to guidelines, authority, and referral process
• Maintain underwriting discipline to minimize exposure

• Establish and maintain distribution relationships to include
  • Regional and national distribution partners with generalist and specialty focus on construction, professional, and environmental products
  • Retail and Wholesale
  • Identify, qualify, manage, and maintain distribution relationships
  • Generate new business pipeline for specified classes and manage business renewal book
  • Drive new business volume and production, along with marketing and sales responsibility

• Minimum of 5 years of underwriting/insurance experience in environmental, construction, or professional areas
• Bachelor’s Degree
• Strong market presence and visibility
• Consistent production track record
• Extensive depth of product and market knowledge
• Ability to establish, manage and maintain distribution and clients
• Strong marketing, sales, and negotiation skills
• Ability to work as a part of a team with a collaborative communication approach
• Consistent emphasis with attention to detail
• Excellent oral and written communication skills
• Ability to present referrals, products, and capabilities to various audiences in different settings

Salary Range: $100,000– $180,000 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 International, 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…