Programmes Underwriter

Programmes Underwriter

Full-Time No working from home possible
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Job DescriptionAre you looking for your next opportunity?Sompo has a unique opportunity for a Programmes Underwriter, US Casualty in our Cross-Class Portfolio team.Our Cross Class Portfolio team manages a diverse portfolio of delegated authority business across multiple classes, with a strong focus on disciplined underwriting, portfolio oversight and data-driven decision-making. Working closely with brokers, coverholders and internal stakeholders, the team evaluates new opportunities, monitors performance and drives profitable growth through strong governance, underwriting expertise and market insight.Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environmentwhere our employees thrive and develop long lasting careers.Our business, your impact, our opportunity:What you’ll be doing:Strategy and PlanningUnderstand and contribute to delivery of the divisional business plan, referring to Senior Underwriters or Underwriters where appropriateParticipate in relevant meetings to share insight, develop strategy, and promote knowledge and best practicePromote the department, division, and wider company to maximise brand value and leverageApply the reinsurance strategy to protect the portfolio, referring to Senior Underwriters or Underwriters where appropriatePolicy, Process and ProceduresPerform underwriting activities, where authority is granted, in line with all legal and regulatory requirements to ensure obligations are metFollow underwriting standards, instructions and good practice to minimise risk and maximise efficiencyEnsure insurance risks, including delegated underwriting authorities where relevant, are accurately recorded and measured in line with good practice, while developing understanding of policy wording changesMaintain awareness and understanding of reinsurance requirements to minimise risk and support delivery of business plan objectivesEnvironmental Awareness/Customer FocusEstablish technical knowledge and judgement to support Senior/Underwriters with identifying issues and opportunitiesEstablishes, develops and strengthens relationships with stakeholders including customers, brokers, business partners and colleagues to maximise influence and achieve business objectivesDemonstrate support for market associations and trade bodiesDemonstrates an understanding and awareness of market dynamics and market cycle to drive and enhance business performanceTechnical PerformanceDevelop expertise and technical knowledge by working with Head of/Senior/Underwriters to identify and complete appropriate learning and development activitiesUnderwrite insurance risks, where authority is granted, in line with the business plan and delegated underwriting authority. This includes negotiating rates, terms and conditions for new and existing business, supporting policy wording changes where appropriate, ensuring compliance with internal and external requirements, contributing to business objectives, and assisting credit control with premium collection where requiredMaintain awareness of portfolio review and analysis to monitor progress against business objectivesEnsure all authorised business is appropriately peer reviewed and written in line with company underwriting standards and individual authority limitsPeople ManagementOperate collaboratively with colleagues in the team to acquire knowledge and expertise and understand required standards of performanceActs in accordance with, and is an advocate of, the Sompo ValuesEducation experience up to A-level or equivalent (preferable)Undertaking/Interest in completing industry qualification e.g. CII (preferable)Experience of working in an underwriting environment within a specialised/complex underwriting area (preferable)Experience of resolving underwriting queriesProficient in MS Office applications e.g. Excel and other departmental software packagesGood interpersonal and communication skillsGood negotiation skillsGood customer orientation skillsAbility to analyse dataGood decision-making and underwriting judgementStrong attention to detailStrong level of numeracy and literacy skillsStrong organisational and prioritisation skillsAbility to collaborate effectively within a team environmentUsed risk profiling and pricing tools and loss modelsAt Sompo, we recognize 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, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.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 BenefitsRetirement & Savings PlansGlobal Parental Leave & Adoption AssistanceEmployee Assistance ProgramTuition Reimbursement & Professional Qualification benefitsWho 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. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.Life at Sompo | SompoOur values come to life in how we hire and grow talent. 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.SummaryLocation: London, United KingdomType: Full time

Programmes Underwriter employer: Sompo International

Sompo is an exceptional employer, offering a dynamic work environment in the heart of London where Actuarial Analysts can thrive and develop their careers. With a strong focus on collaboration, employee growth opportunities, and a commitment to diversity and inclusion, we provide competitive compensation and comprehensive benefits that support our employees' well-being and professional development. Join us to make a meaningful impact while working alongside experienced professionals in the exciting field of Specialty Lines insurance.

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Contact Details:

Sompo International Recruitment Team