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Sompo · 1 day ago

AVP - Underwriter Team Lead, Middle Market

Chicago, IL

Full-time

Onsite

Senior Level, Lead/Staff

$120K/yr - $195K/yr

8+ years exp

Sompo is seeking an AVP - Underwriter Team Lead for their Middle Market team. The role involves managing a team of underwriters, coordinating underwriting activities, and ensuring profitable account evaluations while fostering strong customer relationships.

Health InsuranceInsuranceRisk Management

H1B Sponsor Likely

Responsibilities

Managing a team of local underwriters situated in the Chicago market; coaching and developing a team across a variety of experience levels in both technical and market-facing skills

Coordinating production underwriting activity regarding traveling/marketing and target production plans

Prioritize and evaluate new and renewal submissions with the team to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives

Price and analyze coverage, structure, and exposures on individual risks

Utilize/Drive Data Analytics within team to sharpen underwriting strategy & uncover opportunities both internally & externally to improve process

Authorize quotes/binders/invoices as appropriate within own authority level

Reinforce region-specific product strategies that best align internal and external stakeholders to win

Support our focus of building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture

Focused proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite

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

Utilize broker and distribution resources to identify target opportunities and mobilize team to pipeline and Support growth by strategically pursuing promising opportunities

Attend client/broker meetings, lunches, dinners, and other social outings as applicable

Keeps current on state/territory issues, regulations, and trends

Basic understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, SIRs, deductibles, etc

Qualification

Underwriting experienceData AnalyticsRisk managementMicrosoft SuitePricing modelsCustomer service orientationCommunication skillsOrganizational skillsRelationship building

Required

Bachelor's degree or equivalent experience

Preferred minimum of 8 years of underwriting experience with authority

Deep underwriting experience across all lines of business including Property, Auto, General Liability, Umbrella, and Workers' Compensation

Experience with accounts of all sizes involving large brokerage houses, agents, and specialty retailers

Proven track record in underwriting, quoting, and binding profitable business

Exceptional oral and written communication skills, with clarity and purpose

Excellent organizational skills, integrity, and follow-through

Comfortable challenging norms and collaborating at all organizational levels

Strong sense of accountability

Proven ability to build and maintain strong business relationships with insureds, agents, and brokers

Strong customer service orientation with a reputation for responsiveness and relationship preservation

Willingness to travel to market assigned territory to include overnight trips (25%)

Advanced proficiency in Microsoft suite products

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 include 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 employees, 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)