Job Description: Are you looking for your next opportunity? Sompo has a unique opportunity for a Senior Life Science Development Underwriter, UK for our Middle Market team.
Location: This position will be based out of our Manchester office.
What you’ll be doing
- Support the Head of Life Science in launching a Life Science product, focusing on Casualty, Property, Professional Indemnity and Cyber lines.
- Lead external engagement and business development within the Life Science sector.
- 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.
- Set appropriate terms and conditions per the Company underwriting strategy and guidelines to quote qualified risks.
- Attend client/broker meetings, lunches, dinners and other social outings as applicable.
- Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
- Expand existing portfolio of business by developing existing relationships and new prospective clients.
- Build strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.
- Emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite.
- Conduct individual account underwriting audits as needed.
What you’ll bring
- Cross class underwriting experience within the middle market space.
- Undergraduate, Insurance or advanced degree preferred.
- At least 8+ years of underwriting experience.
- 4+ experience within the Life Science sector.
- Established relationships with specialist Life Science brokers.
- Strong negotiation skills.
- Excellent communication (both written and verbal) skills.
Our Benefits
- Expansive Health & Wellness Benefits
- Generous Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
Sompo is an equal opportunity employer committed to a diverse workforce.
