Senior Underwriter Financial Lines

Location: Germany

## Senior Underwriter Financial Lines Apply remote type:
Hybrid locations:
Cologne, Germany:
Munich, Germany:
Hamburg, Germ anytime type:
Full time posted on:
Posted Todayjob requisition :
R4125##
** Job Description
**** Are you looking for your next opportunity?
** Sompo has a unique opportunity for a
** Senior Underwriter Financial Lines Germany.
** As Senior Underwriter Financial Lines, you will make a significant contribution to the growth and expansion of a well-diversified, profitable and balanced Financial Lines portfolio.
*
* Location:

** This position will be based out of our
** Cologne, Munich or Hamburg
** 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:
*** Independently manage and process a portfolio of Financial Lines contracts including analyzing underwriting information, performing the underwriting including creating offers with appropriate terms and conditions to achieve expected profitability
* Conduct independent contract negotiations, participate in client meetings, and hold presentations to clients and brokers as part of policy renewals
* Maintain existing client and broker relationships as well as develop new business opportunities and co-operations in the German and Austrian market
* Contribute actively to the development of underwriting strategies
* Support the development, introduction and modification of own products/product versions including the monitoring of the local market and product developments
* Proactive and distinctive sales activities with brokers, in-house brokers and clients as well as participation in Financial Lines events to promote awareness of the Sompo brand and increase the number of submissions
* Active cross-selling with other Sompo International Specialty Lines products, in particular identifying insurance needs arising from an insured transaction
* Support the Head of Financial Lines Germany in the technical and professional training and supervision of (Associate) Underwriters in the team  
** What you’ll bring:
*** A recognized qualification in law, business and/or finance
* 5 to 10 years professional experience in the insurance industry of which at least 5 years in the Financial Lines sector
* Experience in building and growing a profitable business in Financial Lines
* Proven disciplined approach to underwriting
* Experience in a start-up environment or in developing new business and/or new products within an established company is an advantage
* Excellent networking skills and relationships with clients and brokers in Germany/Austria
* In-depth knowledge of the German and European Financial Lines markets
* Strong product knowledge and previous underwriting experience in at least two of the following Financial Lines products:  + Managerial Liability (D&O, Fidelity Insurance (VSV), EPL, PTL/Trustee, POSI),  + Financial Institutions (FI D&O, FIPI, BBB, combined covers, POSI),  + Professional liability (chambered professions)  + Cyber
* Analytical, energetic, creative, adaptable, meticulous, determined, independent, intelligent, disciplined, assertive, proactive, hardworking, resilient, ambitious, team player
* Strong presentation and negotiation skills
* Ability to work under pressure and to meet deadlines
* Ability to contribute, develop and deliver on local business plan and group strategy
* Independent, innovative and solution-driven working attitude
* Excellent market relationships with a well-established broker and client network.
* Flexibility and willingness to travel and provide the highest quality of service
* Business fluent in German and English  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…