Underwriting Governance, International Markets

Sompo has a unique opportunity for an Underwriting Governance role within the International Markets (IM) division of Sompo Insurance. The role is designed to support the Chief Underwriting Officer (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. Adopt a global perspective, focusing on International Markets as a whole rather than specific regional operations.
• 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. Ensure the framework stands as value-add governance and reduces bureaucracy.
• 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), specifically the rollout of the new LoA system, facultative reinsurance protocols, and peer review procedures to ensure robust decision-making and adherence to governance standards.
• Delegated Authority Governance: Support the governance of delegated authorities, including establishing and maintaining robust authority structures and coordinating monitoring activities in collaboration with local resources.
• Product Communities: Support the Product Communities to foster collaboration, knowledge-sharing, and best practice dissemination across markets. Support the organization and facilitation of Product Communities to drive innovation and alignment in underwriting practices.

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.

Compensation

Sompo offers a competitive compensation program built on a pay-for-performance culture. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives adjusted based on overall Company performance, with final awards based on individual performance.

Benefits

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits

EEO Statement

At Sompo, 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.