Endurance

Endurance

Senior Underwriter, Financial Institutions

New York City, New York · Senior · Full-time

Sponsorship not specified$100k-$165kDetected 4 days ago
CommunicationCollaborationActuarial ScienceUnderwriting

About the role

  • Job Description Are you looking for your next opportunity?
  • Sompo has a unique opportunity for a Senior Underwriter in our Financial Institutions (FI) team.
  • We work through a network of Retail & Wholesale brokers who share our commitment to long-term partnerships built on a strong service proposition.

Responsibilities

  • Underwrite and maintain a profitable portfolio of Financial Institution risks with a focus on the Eastern region that will enable maximum penetration of profitable business.
  • Develop a marketing plan for each assigned producer/territory; including tactics for individual broker success at the ground level.
  • Identify and build a pipeline of new business opportunities. Focus on new client prospects as well as expanded business with existing clients.
  • Willingness to travel as needed to support business activities
  • At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success.
  • We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished.

Nice to have

  • 5+ years of underwriting/insurance experience
  • Financial Institutions products underwriting background
  • Experience in working, producing, and underwriting all sizes of accounts with the large brokerage houses, wholesalers, and specialty retailers.
  • Strong analytical, marketing and communication skills
  • Bachelor's degree preferred

Compensation

  • Company-paid Disability benefits with very competitive salary continuation payments
  • $100,000 - $165,000 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.
  • 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.

Benefits

  • 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
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits
  • 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:

Company info

  • Implements a field service reputation that is recognized as superior in the industry.
  • Established relationships including onshore visibility with producers and customers
  • We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.

Equal opportunity

  • Sompo is an equal opportunity employer and we intentionally value inclusion and diversity.

This listing is sourced directly from Endurance's careers page and normalized into a canonical job model.