At a Glance
- Tasks: Support underwriting governance and collaborate with global teams to enhance operational efficiency.
- Company: Join Sompo, a leading insurance company committed to diversity and collaboration.
- Benefits: Enjoy competitive pay, health benefits, tuition reimbursement, and a supportive work environment.
- Other info: Flexible locations across Europe with opportunities for professional growth.
- Why this job: Make a real impact in international markets while developing your career in a dynamic industry.
- Qualifications: Experience in underwriting or governance roles and strong analytical skills are essential.
The predicted salary is between 60750 - 74250 £ per year.
Are you looking for your next opportunity? Sompo has a unique opportunity in our Underwriting team. The Underwriting Governance role within the International Markets (IM) division of Sompo Insurance is a critical position reporting directly to the Chief Underwriting Officer (CUO). The role 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. 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:
- 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.
- Support the management, maintenance, and enhancement of the Underwriting Governance Framework, ensuring principles and standards are consistently applied across all international markets.
- Facilitate streamlined processes and provide oversight for underwriting audits initiated by management.
- Assist with the coordination and management of underwriting authority protocols.
- Support the governance of delegated authorities, including establishing and maintaining robust authority structures.
- 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 is built on a foundation that promotes a pay-for-performance culture.
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 organization, we embrace diversity and champion equal opportunity.
Employment decisions are based on qualifications, merit, and organizational 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.
Summary
Location: London, United Kingdom; Milan, Italy; Hamburg, Germany; Cologne, Germany; Luxembourg City, Luxembourg; Paris, France; Munich, Germany; Zurich, Switzerland
Type: Full time
Underwriting Governance, International Markets in London employer: Sompo International
Sompo is an exceptional employer that prioritises collaboration and employee development within its London office. With a strong focus on health and wellness benefits, retirement plans, and professional growth opportunities, we create a supportive environment where employees can thrive in their careers while contributing to meaningful value for clients and communities. Our commitment to diversity and inclusion ensures that every team member feels respected and empowered to excel.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Governance, International Markets in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Sompo International). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Sompo International. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
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.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Sompo International.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Sompo International. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Sompo International
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Sompo International to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Sompo International, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Sompo International's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
