Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Evaluate and price insurance submissions, build client relationships, and ensure compliance.
- Company: Join Sompo International, a global leader in insurance and reinsurance with a commitment to diversity.
- Benefits: Enjoy flexible working, health benefits, generous retirement plans, and global parental leave.
- Why this job: Be part of a collaborative culture that values integrity and offers career growth opportunities.
- Qualifications: 8+ years of P&C underwriting experience and strong negotiation skills required.
- Other info: Work from our Birmingham office and engage in social outings with clients.
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.
Sompo has a unique opportunity for a Senior Property & Casualty Underwriter in our Middle Market team in our Property & Casualty Underwriting business. Our Middle Market Underwriting team offers diverse multi-line capabilities targeted at select industry verticals such as real estate, hospitality, financial institutions, professional services, technology, and life science. We work through a network of retail brokers who share our commitment to long-term partnerships built on a strong service proposition.
Location: This position will be based out of our Birmingham 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:
- Prioritisation and evaluation of new and renewal submissions to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives.
- Price and analyse coverage, structure and exposures on individual risks.
- Set appropriate terms and conditions per the Company underwriting strategy and guidelines to quote qualified risks.
- Attend client/broker meetings, lunches, dinners and other social outings as applicable.
- Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
- Expand existing portfolio of business by developing existing relationships and new prospective clients.
- Support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.
- Emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite.
- Conduct individual account underwriting audits as needed.
- Complete underwriting referral applications for risks outside of your authority for higher level approval as necessary.
What you’ll bring:
- Undergraduate, Insurance or advanced degree preferred.
- At least 8+ years of P&C underwriting experience.
- Significant experience within the middle market space.
- Established relationships with retail producers.
- Strong negotiation skills.
- Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint).
- Excellent communication (both written and verbal) skills.
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
In today’s world, what do we stand for? 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.
About Us
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. Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve. Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges. Because when you choose Sompo, you choose the ease of expertise.
Sompo is an equal opportunity employer committed to a diverse workforce.
Senior Property & Casualty Underwriter employer: Sompo International
Contact Detail:
Sompo International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Property & Casualty Underwriter
✨Tip Number 1
Familiarise yourself with the specific industry verticals mentioned in the job description, such as real estate and technology. Understanding the nuances of these sectors will help you engage more effectively during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the property and casualty insurance field, especially those who have experience in middle market underwriting. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Prepare to discuss your negotiation skills and past experiences in underwriting during interviews. Be ready to provide examples of how you've successfully managed client relationships and navigated complex risk assessments.
✨Tip Number 4
Research Sompo International's company culture and values, particularly their commitment to diversity and inclusion. Tailor your conversations to reflect how your personal values align with theirs, showcasing your fit within their team-oriented environment.
We think you need these skills to ace Senior Property & Casualty Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in property and casualty underwriting, especially within the middle market space. Use specific examples that demonstrate your negotiation skills and ability to build relationships with retail producers.
Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of Sompo International's values and culture. Emphasise your commitment to integrity, collaboration, and excellence, and explain how your background aligns with their goals.
Showcase Your Skills: In your application, clearly outline your proficiency in Microsoft Office Suite and any other relevant tools. Highlight your communication skills, both written and verbal, as these are crucial for client and broker interactions.
Prepare for Interviews: If selected for an interview, be ready to discuss your underwriting philosophy and how you approach risk assessment. Prepare examples of past successes in expanding business portfolios and maintaining strong customer relationships.
How to prepare for a job interview at Sompo International
✨Understand the Company Culture
Before your interview, take some time to research Sompo International's values and culture. They emphasise integrity, collaboration, and excellence, so be prepared to discuss how your personal values align with theirs.
✨Showcase Your Underwriting Experience
With at least 8+ years of P&C underwriting experience required, be ready to share specific examples from your past roles. Highlight your successes in pricing, risk analysis, and client relationship management to demonstrate your expertise.
✨Prepare for Technical Questions
Expect questions that assess your technical knowledge in property and casualty underwriting. Brush up on your understanding of underwriting guidelines, risk assessment, and market trends to confidently answer these queries.
✨Demonstrate Strong Communication Skills
As excellent communication skills are crucial for this role, practice articulating your thoughts clearly and concisely. Be prepared to discuss how you’ve effectively communicated with clients and brokers in previous positions.
