Sompo International Holdings Ltd. (Sompo International) is a global specialty provider of property and casualty insurance and reinsurance. Sompo International companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, aviation, marine and energy, financial and political risks and casualty and other specialty and catastrophe lines of insurance and reinsurance. Headquartered in Bermuda, we currently also have offices in the United States, the United Kingdom, Continental Europe, Latin America, the Middle East and Asia. Sompo International is a company driven by its core values, a carrier that holds promise, trust and the commitment to protect at the center of everything we do. We recognize that our success is derived directly from those who matter most: our people. Our culture is defined by a commitment to integrity, teamwork, agility, execution, and excellence; and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work.
This role will work closely with the Regional Head of Property focusing on the development and expansion of our client and broker relationships, as well as supporting for the acceleration of profitable growth and retention in achieving profitability targets, in line with our local, regional and global strategies.
Responsibilities:
- Serve as APAC Regional Property Senior Underwriter, assist the Regional Head of Property in regional referrals, grow APAC P&L and drive development and execution of the market strategy for Property in the Asia Pacific region.
- Contribute to the growth and profitability of Sompo International Property portfolio by actively sourcing submissions and binding accounts.
- Assist the Regional Head of Property in supervising, mentoring, and developing team members to enhance performance and professional growth.
- Meet and negotiate with clients and brokers to build relationships and to develop new and renewal business
- Contribute to build a well-diversified and balanced book in terms of risk profile and segmentation
- Actively participate in the development of underwriting strategies within the Property team
- Analyze underwriting information and ensure appropriate terms and conditions are secured
- Perform contract negotiation, attending and travelling to client meetings, presentations to customers and conducting underwriting reviews
- Responsible for underwriting document filings, accuracy of data entries to systems and contract integrity for accounts underwritten
- Effectively interact, communicate and negotiate with all levels of external and/or internal business partners (such as Distribution, Claims, Operations, Finances)
- Support marketing efforts, creating high quality, original solutions to enhance the reputation and market presence of Sompo International
- Focus on other value add projects, developments, and activities, as required
Skills & Experience:
- 10 years of experience working in underwriting positions in Property in Asia Pacific
- Strong expertise in global insurance programs
- Broad network within the local broker and inhouse risk manager Community
- Strong interpersonal, communication and leadership skills. Able to provide clear direction through periods of change
- The highest levels of integrity
- Strong leadership skills and a team player. Deep knowledge of international management processes and corporate dynamics as well as a thorough understanding of the market and industry environment
- Strong understanding of economic relationships, business models in the insurance industry and knowledge of strategy development
- Good understanding of the insurance regulatory environment in Asia Pac and its influence in business development, underwriting and claims management strategies
