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Job description
Vice President – Engineered Risk
Sompo offers a unique opportunity for a Vice President in our Engineered Risk team. The U.S. Insurance Engineered Risk practice provides first‑party property coverage for owner and contractor controlled projects, including Contractor All Risk, Erection All Risk and civil infrastructure occupancies. The role may be based in selected U.S. locations: Alpharetta, GA; Dallas, TX; Chicago, IL; Houston, TX; New York, NY; Los Angeles, CA; or San Francisco, CA.
Responsibilities
Responsible for the development of the Engineered Risk business within assigned territory.
Underwrite complex construction projects to determine capacity allocation, attachment point, terms and pricing, creating a diverse and profitable book of business.
Manages and develops producer and client relationships.
Develops and executes a regional marketing plan aimed at retaining existing business and producing new business.
Creates and fosters a reputation as an industry expert with peers and producers.
Provides technical expertise to Sompo International’s Global Risk Solution and Inland Marine product lines.
Gathers and evaluates industry trends and competitive intelligence.
Participates in the development of policy forms, premium rating plans and underwriting guidelines.
Maintains files in an orderly manner consistent with company guidelines.
Can work with others within a team and contribute to the development of others.
Can attend industry functions.
Can travel nationally 25% of the time.
Qualifications
12+ years of Engineered Risk/Construction Property underwriting experience.
Established relationships with regional retail & wholesale brokers.
Established relationships with national facultative reinsurers.
Experience successfully underwriting, quoting and binding profitable business.
Bachelor’s Degree, Engineering discipline preferred.
Strong attention to detail.
Excellent oral and written communication skills.
Strong analytical and organizational skills.
Strong computer skills, Microsoft Office applications.
Salary
$190,000.00 – $240,000.00 (Actual compensation depends on location, qualifications, skills, competencies and experience).
Benefits
Two medical plans to choose from, including a Traditional PPO and a Consumer‑Driven Health Plan with a Health Savings account and competitive employer contribution.
Pharmacy benefits with mail‑order options.
Dental benefits including orthodontia for adults and children.
Vision benefits.
Health Care & Dependent Care Flexible Spending Accounts.
Company‑paid Life & AD&D benefits, with option to purchase supplemental life coverage.
Company‑paid Disability benefits with competitive salary continuation payments.
401(k) Retirement Savings Plan with competitive employer contributions.
Competitive paid‑time‑off programs, including company‑paid holidays.
Competitive parental leave benefits & adoption assistance program.
Employee Assistance Program.
Tax‑free commuter benefit.
Tuition reimbursement & professional qualification benefits.
Equal Opportunity Employer
Sompo is an equal opportunity employer and values inclusion and diversity. We do not discriminate based on race, color, religion, sex, sexual orientation, national origin, or age. All qualified applicants will receive consideration for employment.
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.