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Sompo · 2 days ago

AVP, Industry Practice Large Property Underwriter

Irvine, CA

Full-time

Onsite

Senior Level, Lead/Staff

$120K/yr - $175K/yr

8+ years exp

Sompo is a client-centric organization providing comprehensive multi-line capabilities in select industry verticals. The Assistant Vice President will support the Large Property team by driving submission activity, assessing risk acceptability, and maintaining strong business relationships within the assigned territory.

Health InsuranceInsuranceRisk Management

H1B Sponsor Likely

Responsibilities

Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards

Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards

Good understanding of pricing components and rating methodology; prices risk based on financial and competitive analysis

Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed

Exhibits strong technical underwriting skills through strategic, thorough account reviews and file documentation

Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory

Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks

Keeps current on state/territory issues, regulations, and trends; and Complete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc

Qualification

Underwriting experienceRisk assessmentPricing methodologyReal estate underwritingNegotiation skillsTeam playerAttention to detail

Required

Minimum 8 plus years of underwriting/insurance experience

Shared and layered experience, preferably in a primary position

Well verse and experienced in working, producing, and underwriting all sizes of accounts with the large brokerage houses, agents and specialty retailers

Experience in underwriting real estate, hospitality, financial institutions and professional services

Established underwriting, quoting, and binding track record of profitable business

Proven track record of building and maintaining strong business relationships with insureds, agents & brokers on both a regional and national level

Strong negotiation skills

Team player and collaborative by nature

Strong attention to detail

Preferred

Bachelor's Degree preferred

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

Company-paid Disability benefits with very competitive salary continuation payments

401(k) Retirement Savings Plan with competitive employer contributions

Competitive paid-time-off programs, including company-paid holidays

Competitive Parental Leave Benefits & Adoption Assistance program

Employee Assistance Program

Tax-Free Commuter Benefit

Tuition Reimbursement & Professional Qualification benefits

Company

Sompo

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance.

Founded in 1999

Hamilton, Hamilton, BMU

5001-10000 employees

https://www.sompo-intl.com/

H1B Sponsorship

Sompo has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (12)

2024 (13)

2023 (19)

2022 (28)

2021 (5)

2020 (12)