Endurance

Endurance

Regional Head of Property Facultative - Midwest/West Region

Chicago, Illinois · Full-time

Sponsorship not specifiedDetected 30 days ago
NegotiationExcelLeadershipCommunicationCollaborationMentoringMicrosoft OfficeActuarial ScienceUnderwriting

About the role

  • Job Description Are you looking for your next opportunity?
  • SompoRe has a unique opportunity for the Regional Head of Property Facultative - Midwest/West Region in our U.S. Property Facultative team.
  • SompoRe operates in key markets worldwide, bringing to each account our specialized capabilities for a wide range of reinsurance products and a depth of understanding of local cultures.

Responsibilities

  • o Develop and nurture client relationships to drive organic premium growth and underwrite complex accounts with a focus on profitable outcomes.
  • o Perform and oversee comprehensive risk analyses, including exposure evaluation, aggregation, scenario testing, and profitability assessments using internal models and market data.
  • o Build and maintain strong relationships to highlight SompoRe's capabilities in underwriting, market trends, audits, and claims.
  • o Lead and contribute to special projects, leveraging expertise to deliver impactful results that align with organizational goals.
  • Exceptional analytical abilities, with a demonstrated capacity to perform detailed risk assessments and scenario testing.
  • At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success.

Nice to have

  • Minimum of 10 to 12 years of experience in Property Facultative underwriting, with a strong background in direct and broker-led business.
  • Proven managerial experience, including leading teams and driving performance outcomes.
  • Deep knowledge of individual risk and automatics, retrocessional planning, and relevant laws and terms associated with underwriting coverages.
  • ARe and/or CPCU preferred.
  • Proficiency in Microsoft Office Suite (Word, Excel, Outlook) and other relevant software tools.
  • Strong negotiation skills and the ability to effectively engage with clients and stakeholders at all organizational levels.
  • Excellent oral and written communication skills, with the ability to present complex information in a clear and professional manner.
  • Demonstrated ability to provide outstanding client service with a professional and solutions-oriented approach.

Compensation

  • $200,000 - $330,000 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, 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.
  • Company-paid Disability benefits with very competitive salary continuation payments

Benefits

  • o Partner with Claims, Actuarial, Cat/Exposure Management, Finance, and Operations teams to ensure optimal underwriting results and portfolio health.
  • 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:
  • 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

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