AVP, E&S Excess Casualty

$110,000 - $180,000/Yr

Endurance Services - Los Angeles, CA

Full-time - Mid Level

Los Angeles, CA

Insurance Carriers and Related Activities

About the position

Sompo International is seeking an Assistant Vice President, E&S Casualty Underwriter to join our team in either our Los Angeles or Irvine, CA office. This position reports to the Senior Vice President, E&S Casualty and is a unique opportunity for a seasoned professional in the insurance industry. The successful candidate will be part of our U.S. Excess Casualty - E&S team, which is known for its expertise and creativity in completing placements. Our team leverages strong relationships with appointed wholesale brokers to provide meaningful capacity, a consistent underwriting approach, and timely coverage and claims responses. In this role, you will be responsible for underwriting lead and excess liability business in accordance with Sompo's established processes, procedures, business philosophy, and appetite. You will evaluate individual risk characteristics to determine capacity, attachment points, terms, and pricing effectively. Maintaining and enhancing existing relationships with wholesale brokers is crucial, as is the ability to identify and develop new relationships both regionally and outside your territory. You will also adapt underwriting techniques to align with underwriting guidelines and rating plans, allowing you to write a wide range of account sizes and operations. Additionally, you will develop and execute a marketing plan aimed at retaining existing business and producing new business, while collaborating and cross-selling with other lines of business within Sompo. This position offers a competitive salary range of $110,000 to $180,000, with actual compensation depending on various factors including cost of living, qualifications, skills, competencies, and relevant experience. At Sompo, we are committed to providing a supportive and engaging employee experience that attracts and retains top talent in the industry.

Responsibilities

• Underwrite lead and excess liability business in accordance with Sompo's processes and procedures.
• Evaluate individual risk characteristics to determine capacity, attachment point, terms, and pricing.
• Maintain and enhance existing wholesale broker relationships.
• Identify and develop new relationships both regionally and outside the territory.
• Adapt underwriting techniques to underwriting guidelines and rating plans.
• Develop and execute a marketing plan aimed at retaining existing business and producing new business.
• Collaborate and cross-sell with other lines of business within Sompo.

Requirements

• 8+ years of casualty underwriting experience.
• Strong established relationships with regional wholesale brokers.
• Bachelor's Degree from a four-year College or University.
• Excellent oral and written communication skills.
• Strong analytical and organizational skills.
• CPCU designation and/or Surplus Lines license preferred.

Nice-to-haves

• Experience in a leadership role within underwriting teams.
• Familiarity with various underwriting software and tools.

Benefits

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account.
• Pharmacy benefits with mail order options.
• Dental benefits including orthodontia benefits for adults and children.
• Vision benefits.
• Health Care & Dependent Care Flexible Spending Accounts.
• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
• Company-paid Disability benefits with very 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.