Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Underwriter Property in our Property Underwriting Team Germany.

We are seeking a Senior Underwriter Property in Germany. This individual will strengthen the Underwriting team on various European underwriting matters.

Location: This position will be based out of our Munich office or alternatively in Cologne or Hamburg. 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, Shared opportunity

What you’ll be doing:

• Underwriting of large corporate clients in accordance with corporate philosophy and underwriting strategy
• Analysis, evaluation and calculation of Property risks, preparation of offers (lead and follow business), structuring of insurance programs and multinational business.
• Developing and maintaining strong and effective working relationships with brokers and clients in cooperation with other branch Divisions concerned
• Broaden existing relationships with clients and brokers while also developing new business opportunities where possible.
• Routinely analyze contracts and wordings and ensure appropriate pricing and utilization of capacities
• Providing an appropriate level of day-to-day management of the allocated SI´s Property accounts including risk management activities and maintenance of underwriting data
• Developing and recording of technical underwriting standards and pricing models in respect of the lines of business appointed for regular handling
• Providing support in relation to the branch´s general responsibilities and representing the Branch on external market forums where appropriate
• Other duties as determined by management, including but not limited to special projects, integrations, etc
• Working on projects

What you’ll bring:

• Adequate examination and /or 7-10 years of technical insurance experience in Property and for multinational business.
• Enhanced understanding of underwriting basics, including coverage terms and premium rating, concerning classes of business allocated for regular business treatment
• Enhanced understanding about legal and regulatory guidelines concerning classes of business allocated for regular business treatment
• Enhanced level of business awareness in line with good negotiating skills
• Enhanced communication skills in writing and verbal
• Deep knowledge of corporate underwriting philosophy, techniques, national/local filing regulations and guidelines
• Ability to effectively assess risk by analytical skills; good judgment and problem-solving ability
• Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
• Solid knowledge of processing methods and workflow procedures, and basic knowledge of insurance underwriting and regulations for assigned countries/territories abroad
• Enhanced organizational skills in prioritizing work, multitasking and consistently meeting deadlines
• Ability to work in a fast-paced, dynamic environment with changing priorities
• Good language skills in German and English both verbally and in writing; any additional language would be considered as a good asset.

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

Sompo is an equal opportunity employer committed to a diverse workforce.

To learn more about visit our website at www.sompo-intl.com