AVP / VP, Healthcare Underwriter

Job Title

AVP / VP, Healthcare Underwriter at Sompo.

Location(s)

Chicago, IL; Dallas, TX; Alpharetta, GA; Boston, MA; Denver, CO; Los Angeles, CA; Miami, FL; New York, NY.

Overview

Sompo has a unique opportunity for an AVP or VP, Healthcare Underwriting candidate to join our Healthcare team. Our Healthcare Underwriting team offers solutions for hospitals and miscellaneous healthcare facilities writing Healthcare Professional Liability, General Liability, and other ancillary lines for primary, umbrella, and excess risks. We work through a network of brokers who share our commitment to long‑term partnerships built on a strong service proposition.

What you’ll be doing

• Prioritization and evaluation of new and renewal submissions to identify those accounts that provide the greatest opportunity for profit consistent with the business plan and corporate profit objectives. Reviews applications and financial requirements to determine acceptability of risk in accordance with Sompo International’s guidelines and standards.
• Sets appropriate terms and conditions per the Company underwriting strategy and guidelines to quote qualified risks.
• Authorizes quotes, binders and invoices as appropriate.
• Exercises proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
• Attends client, broker meetings, lunches, dinners and other social outings as applicable.
• Expands existing portfolio of business by developing existing relationships and new prospective clients.
• Coordinates production underwriting activity working with the SVP of US Healthcare regarding traveling, marketing and target production plans. Prioritizes time and resources to effectively manage and optimize producer performance. Develops producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results.
• Maintains compliance with all regulatory requirements as well as internal policies, procedures and processing standards. Audits assigned accounts and provides feedback to underwriters. Liaises closely with team to ensure information is input correctly into in‑house systems in an accurate and timely manner.
• Supports our focus on building strong customer relationships balanced with a strong risk mitigating and compliance‑driven culture. Places emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite. Conducts individual account underwriting audits as needed.
• Completes underwriting referral applications for risks outside of authority for higher level approval as necessary.

What You’ll Bring

Salary Range

$150,000 – $250,000. 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.

Benefits Summary

EEO Statement

Sompo is an equal opportunity employer. We intentionally value inclusion and diversity. We are passionately committed to equal opportunities and do not discriminate based on race, color, religion, sex, orientation, national origin, or age.

#J-18808-Ljbffr