VP – Commercial Surety Field Group Leader Position Available In Fulton, Georgia
Tallo's Job Summary: Sompo International is seeking a Vice President, Commercial Surety Field Group Leader to join their team at the Chicago or Alpharetta office. With a salary range of $200,000-$250,000, this role involves underwriting risks, nurturing field underwriters, and managing broker relationships in the growing Surety operation. Candidates should have 12-15 years of Surety underwriting experience and the ability to drive profitable business growth.
Job Description
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 Vice President, Commercial Surety Field Group Leader in our Surety business unit. In collaboration with the Surety Leadership team, this role is responsible for underwriting risks, while developing and nurturing field underwriters career development, and broker relationships across our growing Surety operation.
Location:
This position will be based out of our Chicago or Alpharetta Sompo 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: What you’ll be doing: Reviews submissions and financial requirements to determine acceptability of risk in accordance with guidelines and standards Understands pricing components and rating methodology as well as use of the predictive modeling tools to price risk based on financial and competitive analysis Uses all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed Demonstrates technical underwriting skills through strategic, thorough account reviews and file documentation Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals 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 Develops and implements distributor specific plans, monitors performance, and adjusts plan to ensure a substantial pipeline for future profitable growth Drives effective relationship management, underwriting team management, and client activities to build trust, facilitate negotiation and secure commitment with the customer What you’ll bring: Bachelor’s degree preferred AFSB preferred Minimum 12-15 years of Surety underwriting experience Strong knowledge of Surety underwriting, techniques, national/local filing regulations and guidelines Knowledge of underwriting processes, coverages, and tools to gather and evaluate information to reach appropriate decisions on renewals and new business Demonstrated ability to build and grow a profitable book of business and pipeline for future business Ability to manage and development underwriting talent Ability to uncover customer needs, position specific solutions, handle objections and close deals Ability to be a subject matter expert/resource and lead others 25%
Travel Salary Range:
$200,000-$250,000 Actual compensation for this role will depend on several factors, including the cost of living associated with your work location, qualifications, skills, competencies, and relevant experience. At Sompo, we recognize that our employees’ talent, skills, and commitment drive our success. This is why we offer eligible employees competitive, high-quality compensation and benefit programs. 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:
Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution 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 In today’s world, what do we stand for? 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, nothing can be accomplished. At Sompo, our ring is more than a logo; it is a symbol of our promise. Click here to learn more about life at Sompo. Sompo is an equal-opportunity employer, and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions—we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age. We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of ExpertiseTM. “Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange. To learn more please follow us on LinkedIn or visit sompo-intl.com.