At a Glance
- Tasks: Manage complex international property accounts and engage with clients and brokers.
- Company: Join Sompo, a global leader in insurance with over 130 years of innovation.
- Benefits: Enjoy health benefits, retirement plans, and global parental leave.
- Other info: Work in a vibrant London office with opportunities for travel.
- Why this job: Be part of a diverse team that values collaboration and personal growth.
- Qualifications: 2+ years in property underwriting and strong communication skills required.
The predicted salary is between 32000 - 48000 £ per year.
Sompo has a unique opportunity for an Underwriter in our Corporate Property team in our UK Property & Casualty business. Our Corporate Property team write large commercial risks across the UK and International markets. Our clients present challenging and complex risks often with multinational requirements. Sompo have the capabilities to participate as both a lead or follow market and we work across our network of brokers to secure long term partnerships with our target customers. This opportunity sits within our International Property segment.
Location: This position will be based out of our London 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:
- Handling renewal and new business within agreed parameters for large complex International Property accounts as both a lead and follow insurer.
- Analysis of information for underwriting purposes, specifically regarding account pricing, engineering overviews and account performance analysis.
- Attend client presentations and meetings, with travel when required.
- Adherence to all financial, legal, regulatory and compliance requirements.
- Liaising with insurance and reinsurance brokers, with full client engagement.
- Ad-hoc tasks & projects.
What You’ll Bring:
- Minimum 2 years Property underwriting experience within the London market.
- Exceptional interpersonal skills with the ability to work with a team-oriented approach.
- Strong problem solving and decision-making abilities.
- ACII or equivalent qualification.
- Excellent written and verbal communication skills.
- Ability to work effectively and efficiently in a fast-paced, challenging environment.
- Ability to organise efficiently.
- Comprehensive computer skills, including Microsoft Office Excel etc.
Our Benefits:
- Expansive Health & Wellness Benefits.
- Generous Retirement & Savings Plans.
- Global Parental Leave & Adoption Assistance.
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.
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.
Underwriter, Corporate Property London employer: Sompo
Sompo is an exceptional employer, offering a collaborative work environment in the heart of London where employees can thrive and build long-lasting careers. With a strong commitment to diversity and inclusion, we provide expansive health and wellness benefits, generous retirement plans, and global parental leave, ensuring that our team members feel valued and supported. Join us to be part of a global enterprise that prioritises your growth and fosters open dialogue, making it an attractive place for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter, Corporate Property London
✨Tip Number 1
Familiarise yourself with the latest trends and challenges in the corporate property insurance market. This knowledge will not only help you during interviews but also demonstrate your commitment to staying informed about the industry.
✨Tip Number 2
Network with professionals in the London insurance market, especially those working in corporate property underwriting. Attend industry events or join relevant online forums to make connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare for potential client presentations by practising your communication skills. Since the role involves liaising with clients and brokers, being able to convey complex information clearly and confidently will set you apart from other candidates.
✨Tip Number 4
Research Sompo's values and culture to align your approach during interviews. Understanding their commitment to diversity and inclusion can help you articulate how you would contribute to their team environment.
We think you need these skills to ace Underwriter, Corporate Property London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in property underwriting, especially within the London market. Use specific examples that demonstrate your skills in handling large commercial risks and your ability to work with complex international accounts.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of Sompo's values and the role. Mention your interpersonal skills and problem-solving abilities, and explain how you can contribute to their Corporate Property team.
Highlight Relevant Qualifications:Clearly state your qualifications, such as ACII or equivalent, and any other certifications that are relevant to the underwriting field. This will help demonstrate your commitment to professional development.
Proofread Your Application:Before submitting, thoroughly proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the underwriting profession.
How to prepare for a job interview at Sompo
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially regarding large commercial risks. Be prepared to discuss your experience in handling complex accounts and how you've approached pricing and performance analysis in the past.
✨Showcase Your Interpersonal Skills
Since this role requires exceptional interpersonal skills, think of examples where you've successfully collaborated with teams or engaged with clients. Highlight your ability to build relationships with brokers and clients during the interview.
✨Prepare for Client Engagement Scenarios
Expect questions about client presentations and meetings. Prepare to discuss how you would handle client interactions, including any travel requirements. Think of specific instances where you've effectively communicated complex information to clients.
✨Demonstrate Problem-Solving Abilities
Be ready to tackle hypothetical scenarios that test your problem-solving skills. Consider challenges you've faced in previous roles and how you resolved them, particularly in a fast-paced environment like underwriting.
