As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize 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. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.
Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a Senior Underwriter Property and Energy in our Property Underwriting Team Germany.
We are seeking an Underwriter Property and optional Energy in Germany. This individual will strengthen the Underwriting team on various European underwriting matters.
Location: This position will be based out of our Cologne, Munich or Hamburg office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our business, Your impact, Shared opportunity
What you’ll be doing:
* Underwriting of large corporate (and energy) risks in accordance with corporate philosophy and underwriting strategy
* Analysis, evaluation and calculation of Property and Energy risks, preparation of offers (lead and follow business), structuring of insurance programs and multinational business.
* Developing and maintaining strong and effective working relationship with brokers and clients in cooperation with other branch Divisions concerned
* Broaden existing relationships with clients and brokers while also developing new business opportunities where possible.
* Routinely analyze contracts and wordings and ensure appropriate pricing and utilization of capacities
* Providing an appropriate level of day-to-day management of the allocated SI´s Property accounts including risk management activities and maintenance of underwriting data
* Developing and recording of technical underwriting standards and pricing models in respect of the lines of business appointed for regular handling
* Providing support in relation to the branch´s general responsibilities and to represent the Branch on external market forums where appropriate
* Other duties as determined by management, including but not limited to special projects, integrations, etc
* Working on projects
What you’ll bring:
* Adequate examination and /or 5-7 years of technical insurance experience in Property (and Energy) and for multinational business.
* Enhanced understanding of underwriting basics, including coverage terms and premium rating, concerning classes of business allocated for regular business treatment
* Enhanced understanding about legal and regulatory guidelines concerning classes of business allocated for regular business treatment
* Enhanced level of business awareness in line with good negotiating skills
* Enhanced communication skills in writing and verbal
* Deep knowledge of corporate underwriting philosophy, techniques, national/local filing regulations and guidelines
* Ability to effectively assess risk by analytical skills; good judgment and problem-solving ability
* Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
* Solid knowledge of processing methods and workflow procedures, and basic knowledge of insurance underwriting and regulations for assigned countries/territories abroad
* Enhanced organizational skills in prioritizing work, multitasking and consistently meeting deadlines
* Ability to work in a fast-paced, dynamic environment with changing priorities
* Good language skills in German and English both verbally and in writing; any additional language would be considered as a good asset.
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
Expert Partners.
Clarity in complexity.
Unwavering commitment.
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.
We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.
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.
To learn more about visit our website at www.sompo-intl.com
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