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AVP, Accident & Health Reinsurance Underwriter
Career Insights for Insurance Underwriter (General)
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Scorecard
Based on New York data
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$88,265 / year median in New York
-11% projected decline
Job Description
Location:
This position may be based in our Garden City, NY , New York City, NY , or Morristown, NJ office , with consideration also given to candidates in any of our U.S. office locations. 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: Build, maintain, and manage strong broker relationships to drive organic premium growth and establish SompoRe as a trusted partner. Manage underwriting, client management, and development across a niche specialty A&H treaty reinsurance portfolio in alignment with strategic business plans, underwriting appetite, and growth objectives. Underwrite A&H specialty treaty business within established authority, guidelines, and a collaborative two-headed underwriting approach.Achieve stated financial objectives for growth and profitability within the A&H treaty portfolio. Represent SompoRe's capabilities through active engagement in on-site visits, industry conferences, and other networking opportunities. Providing timely and professional services, delivering decisions and solutions promptly. Perform risk analysis (exposure, aggregation, and profitability) using internal models and market data. Participate in special projects that support corporate needs and objectives. What you'll bring: 5 - 7 years of A&H related experience Broker Market/Direct and Primary. Demonstrated proficiency in specialty underwriting. Proven ability to perform detailed risk analysis and effectively engage in complex negotiations. Industry designations such as ARe and/or CPCU are preferred. Exceptional oral and written communication abilities, coupled with strong organizational skills and the capacity to meet tight deadlines. Professional demeanor with a commitment to delivering outstanding client service and building long-term partnerships. Ability to interact and collaborate with stakeholders across various levels of the organization. Advanced knowledge of relevant software tools, including AI, Microsoft Word, Excel, Outlook, and other applications. Willingness to travel as required to support client relationships and business objectives.