AVP, Marine Underwriter

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an AVP, Marine Underwriter in our Regional Marine team.

Our Marine Underwriting team offers a clear and consistent Underwriting appetite with a proven highly profitable track record. We work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition.

Location: This position will be based out of our Manchester 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:

• Assist in growing a profitable Cargo/T&L portfolio in the UK Regions.
• Lead external engagement and business development with Marine brokers in the regional marketplace.
• Support the Head of regional marine in developing and evolving our capabilities and proposition in the sector.
• Prioritisation and evaluation of new submissions to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
• Attend client/broker meetings, as applicable.
• Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
• Expand existing portfolio of business by developing existing relationships and new prospective clients.
• Collaboration within the marine team UK wide.
• Conduct broker and client meetings as required.
• Provide input and feedback at the weekly underwriting meetings.
• Technical input into future product development.
• Full and thorough underwriting of all accounts in accordance with underwriting guidelines and
• individual authority granted by management.
• Completion of all Sompo training/mandatory courses within deadlines stated.
• Attend events and seminars organised by various trade societies and associations, promoting company products.
• Collaboration with other lines of business to identify cross sell opportunities.

What you’ll bring:

· At least 10 years of underwriting experience

· Experience with the Cargo/T&L products

· Strong problem solving, negotiation, and decision making abilities

· Excellent written and oral communication skills, coupled with an analytical skillset.

· Exceptional interpersonal skills with the ability to work with a team orientated approach and forge and maintain long-term relationships

· Ability to work effectively in a fast-paced environment

· Logical thinking

· Strong time management

· Strong administration skills / file keeping

· Ability to organise efficiently

· Competent computer skills – must include Microsoft Excel, Microsoft Word, Microsoft, PowerPoint and Microsoft Outlook as a minimum

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 some of the benefits we offer, which may vary depending on the country:

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

About Us

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™.

“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.

To learn more please follow us on LinkedIn or visit sompo-intl.com.