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- Tasks: Join our Corporate Property team to handle complex international insurance accounts.
- Company: Sompo International is a global leader in insurance and reinsurance with a diverse workforce.
- Benefits: Enjoy flexible working, health benefits, retirement plans, and global parental leave.
- Why this job: Be part of a collaborative culture that values integrity and offers career growth opportunities.
- Qualifications: Minimum 2 years of property underwriting experience and strong communication skills required.
- Other info: Work in a multi-cultural environment committed to diversity and inclusion.
The predicted salary is between 43200 - 72000 £ per year.
As a leading provider of insurance and reinsurance with worldwide operations, we recognise that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry.
Are you looking for your next opportunity? Sompo has a unique opportunity for an Underwriter in our Corporate Property team in our UK Property & Casualty business. Our Corporate Property team write large commercial risks across the UK and International markets. Our clients present challenging and complex risks often with multinational requirements.
This opportunity sits within our International Property segment. Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
What you’ll be doing:
- Handling renewal and new business within agreed parameters for large complex International Property accounts as both a lead and follow insurer.
- Analysis of information for underwriting purposes, specifically regarding account pricing, engineering overviews and account performance analysis.
- Attend client presentations and meetings, with travel when required.
- Adherence to all financial, legal, regulatory and compliance requirements.
- Liaising with insurance and reinsurance brokers, with full client engagement.
- Ad-hoc tasks & projects.
What you’ll bring:
- Minimum 2 years Property underwriting experience within the London market.
- Exceptional interpersonal skills with the ability to work with a team-oriented approach.
- Strong problem solving and decision-making abilities.
- ACII or equivalent qualification.
- Excellent written and verbal communication skills.
- Ability to work effectively and efficiently in a fast-paced, challenging environment.
- Ability to organise efficiently.
- Comprehensive computer skills, including Microsoft Office Excel etc.
Our Benefits:
We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:
- Expansive Health & Wellness Benefits.
- Generous Retirement & Savings Plans.
- Global Parental Leave & Adoption Assistance.
We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.
We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.
Underwriter, Corporate Property London employer: Sompo International
Contact Detail:
Sompo International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter, Corporate Property London
✨Tip Number 1
Familiarise yourself with the latest trends and challenges in the corporate property insurance market. Understanding the complexities of multinational risks will help you stand out during interviews, as you'll be able to discuss relevant issues and demonstrate your industry knowledge.
✨Tip Number 2
Network with professionals in the London insurance market, especially those working in underwriting. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture at Sompo International.
✨Tip Number 3
Prepare for client presentations by practising your communication skills. Since the role involves liaising with brokers and clients, being able to convey complex information clearly and confidently will be crucial in making a positive impression.
✨Tip Number 4
Research Sompo International's values and commitment to diversity and inclusion. Be ready to discuss how your personal values align with theirs, as cultural fit is important to them and can significantly influence their hiring decisions.
We think you need these skills to ace Underwriter, Corporate Property London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in property underwriting, particularly within the London market. Emphasise your problem-solving skills and any qualifications like ACII that align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences that demonstrate your ability to handle complex international property accounts and your interpersonal skills.
Highlight Relevant Skills: In your application, clearly outline your strong written and verbal communication skills, as well as your proficiency in Microsoft Office, especially Excel. These are crucial for the role and should be evident in your documents.
Showcase Your Teamwork: Since the role requires a team-oriented approach, include examples in your application that illustrate your ability to collaborate effectively with colleagues and clients, especially in high-pressure situations.
How to prepare for a job interview at Sompo International
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting principles, especially in relation to corporate property. Be prepared to discuss your experience with large commercial risks and how you've handled complex accounts in the past.
✨Showcase Your Interpersonal Skills
Since this role requires exceptional interpersonal skills, think of examples where you've successfully collaborated with teams or clients. Highlight your ability to build relationships with brokers and clients during the interview.
✨Prepare for Problem-Solving Scenarios
Expect to be asked about challenging situations you've faced in underwriting. Prepare specific examples that demonstrate your problem-solving and decision-making abilities, particularly in fast-paced environments.
✨Familiarise Yourself with Compliance Requirements
Understand the financial, legal, regulatory, and compliance requirements relevant to the role. Be ready to discuss how you ensure adherence to these standards in your previous positions.
