At a Glance
- Tasks: Support underwriting governance and enhance operational efficiency across international markets.
- Company: Join Sompo, a global leader in insurance with a collaborative culture.
- Benefits: Competitive salary, health benefits, tuition reimbursement, and professional development opportunities.
- Other info: Dynamic work environment with a focus on career growth and inclusivity.
- Why this job: Make a real impact in underwriting practices while working with diverse teams globally.
- Qualifications: Experience in underwriting or governance roles and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Are you looking for your next opportunity? Sompo has a unique opportunity for an Underwriting Governance role within the International Markets (IM) division of Sompo Insurance. This critical position reports directly to the Chief Underwriting Officer (CUO) and is designed to support the CUO and the Head of Strategy for IM in delivering the underwriting controls and objectives of the IM CUO Office. The successful candidate will play a key role in ensuring the consistent application of underwriting governance principles and standards across all international markets, fostering collaboration, and driving excellence in underwriting practices.
Location: This position can be based out of the United Kingdom, Switzerland, France, Germany, Italy, and Luxembourg.
What you’ll be doing:
- Support the IM CUO Office: Assist the CUO and Head of Strategy for IM in executing the core responsibilities and strategic objectives of the IM CUO Office. Contribute to the development and implementation of initiatives that enhance underwriting governance and operational efficiency across international markets.
- Collaborate with Key Stakeholders: Work closely with the Strategic Partner IM and the Head of Underwriting Analytics and Pricing to align efforts and achieve shared objectives. Partner with regional CUOs, ensuring alignment with the overarching IM strategy and goals.
- Underwriting Governance Framework: Support the management, maintenance, and enhancement of the Underwriting Governance Framework, ensuring principles and standards are consistently applied across all international markets.
- Management-Initiated Audits (MIAs): Facilitate streamlined processes and provide oversight for underwriting audits initiated by management. Ensure audit findings are effectively addressed and integrated into ongoing governance improvements.
- Underwriting Authorities: Assist with the coordination and management of underwriting authority protocols, including referral and escalation processes, issuance and oversight of Letters of Authority (LoAs), and peer review procedures.
- Delegated Authority Governance: Support the governance of delegated authorities, including establishing and maintaining robust authority structures and coordinating monitoring activities.
- Product Communities: Support the Product Communities to foster collaboration, knowledge-sharing, and best practice dissemination across markets.
What you’ll bring:
- Strong understanding of underwriting governance frameworks and principles.
- Proven ability to work collaboratively across diverse teams and regions, with a global mindset.
- Excellent organizational and coordination skills to manage complex processes and projects.
- Analytical mindset with the ability to interpret data and provide actionable insights.
- Effective communication and interpersonal skills to engage with stakeholders at all levels.
- Experience in underwriting, governance, or strategy roles within the insurance industry is necessary.
At Sompo, we recognise 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 promotes a pay-for-performance culture, resulting in higher incentive awards when the Company does well and lower awards when the Company underperforms.
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 some of the benefits we offer, which may vary depending on the country:
- Health & Wellness Benefits
- Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
- Employee Assistance Program
- Tuition Reimbursement & Professional Qualification benefits
Who we are and what we stand for:
At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organisation, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.
Employment decisions are based on qualifications, merit, and organisational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.
Underwriting Governance, International Markets in London employer: Endurance Business Services
Sompo is an exceptional employer, offering a collaborative work environment in our London office where employees can thrive and build long-lasting careers. We prioritise employee growth through competitive compensation, comprehensive benefits, and a culture that values diversity and inclusion, ensuring that every team member feels respected and empowered to excel. Join us to make a meaningful impact while enjoying opportunities for professional development and a supportive workplace culture.
Contact Details:
Endurance Business Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Governance, International Markets in London
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We think you need these skills to ace Underwriting Governance, International Markets in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
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How to prepare for a job interview at Endurance Business Services
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Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Endurance Business Services to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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