SVP, Property Product Lead

SVP, Property Product Lead

Sompo has a unique opportunity for a SVP, Property Product Lead to support our North America Property Underwriting teams.

As an SVP, Property Product Lead, you will oversee and drive the strategic direction, operational efficiency, and technical excellence across the property insurance product lines. You will be responsible for cultivating a high-performing team, fostering innovation, and ensuring the organization's property-related offerings remain competitive and aligned with market demands.

Location : This position may be based out of our New York, NY, Morristown, NJ, Charlotte, NC, Alpharetta, GA, Purchase NY, Garden City NY or Conshohocken, PA 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, our opportunity :

• Define and execute the strategic roadmap for the property insurance product development in alignment with the Property Underwriting team's objectives.
• Establish and enforce underwriting guidelines, standards, and best practices to maintain profitability and manage risk.
• Lead a team of experienced insurance professionals, including specialists in technical property underwriting and equipment breakdown products.
• Drive the development of new initiatives and products and enhancements to existing products.
• Partner with Underwriting leaders and distributions team to support growth initiatives and achieve business targets.

What you'll bring :

Salary Range : $200,000 $325,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs :

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, we intentionally value inclusion and diversity. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.