VP Casualty Underwriting

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 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

Sompo Canada Services Corp. is a whollyowned subsidiary of Sompo International Holdings Ltd. a whollyowned subsidiary of Sompo Japan Insurance Inc. and is a member of the Sompo Holdings Inc. (Sompo) group of companies.

Sompo is a financial services holding company organized under the laws of Japan whose shares are listed on the Tokyo Stock Exchange. Sompo through various operating subsidiaries is one of the largest property and casualty insurance groups in the Japanese domestic market. In addition Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world.

Sompo International is the trade name for the global specialty property and casualty insurance and reinsurance operations of Sompo outside of Japan. In Canada Sompo International is the brand under which Sompo Japan Insurance Inc. Canada Branch operates its Canadian insurance business. That trade name is also used by our other offices in Bermuda the United States the United Kingdom Continental Europe and Asia.

Sompo International underwrites agriculture professional lines property marine and energy and casualty and other specialty lines of insurance and catastrophe property casualty professional lines weather risk and specialty lines of reinsurance.

As a leading global provider of insurance and reinsurance we recognize that our success is derived directly from those who matter most: our people. At Sompo International a shared commitment to integrity teamwork agility and excellence define our culture and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work

Join us as we expand our Canadian insurance business! Help build the best commercial underwriting team in Canada. Join an organization where our people have the opportunity to be their best and provide clients with innovative solutions to help support their growth.

We are seeking a Vice President Casualty Underwriting Professional for our Canadian operation located in our Toronto office.

Sompo provides a service approach by offering comprehensive multiline capabilities to accounts in select industries including real estate hospitality financial institutions manufacturing life sciences technology Asianinterest accounts and professional services. Taking a holistic approach to risk management the unit offers primary casualty (general liability commercial auto) excess capacity and commercial package to small middlemarket and large accounts across target industries in the U.S. Mexico and Canada.

Duties and Responsibilities:

• Demonstrate technical expertise and product knowledge in Primary and Excess Casualty Insurance (General Liability Umbrella Excess and Commercial Automobile)

• Evaluate and underwrite casualty insurance risks including conducting risk assessments analyzing data reviewing applications and determining coverage and pricing.

• Use all appropriate underwriting tools disciplines and knowledge of strategies to ensure underwriting guidelines are followed.

• General understanding of and ability to use pricing models participate in rate monitoring and perform market analysis to identify future areas for growth.

• Develop and maintain relationships with clients brokers and other stakeholders to drive new business opportunities and build a strong book of business.

• Stay updated with territory issues industry trends regulatory changes and market conditions to identify potential risks and opportunities.

• Adhere to and assist in developing underwriting strategies guidelines and policies that align with the companys goals and objectives.

• Collaborate with crossfunctional teams such as claims risk engineering and legal to assess and manage risks resolve issues and optimize business outcomes.

• Provide excellent customer service by promptly responding to inquiries addressing concerns and resolving issues in a professional and timely manner.

• Contribute to the achievement of business targets including premium growth profitability and customer satisfaction.

• Participate in training professional development and knowledgesharing activities to stay updated with industry best practices and enhance underwriting skills.

Desired Skills & Experience

• 12 years of experience in casualty underwriting preferably in the Canadian market

• Bachelors Degree preferred. Professional designations (CIP FCIP CRM) would be an asset.

• Excellent communication skills both written and verbal with the ability to interact effectively with clients brokers and internal stakeholders

• Established relationships with brokers and agents on both a regional and national level

• Strong negotiation skills attention to detail and communication skills (Verbal & Written)

• Team player and collaborative by nature

• Knowledge of Canadian insurance regulations and market trends

• Ability to travel as required

• French language is an asset

This job description outlines the general nature and level of work performed by individuals assigned to this position. It does not restrict the managements right to assign or reassign duties and responsibilities to this job at any time.

Sompo International offers a competitive salary comprehensive benefits package and opportunities for professional growth and development.

Sompo International is committed to employment practices including recruitment and hiring practices that are inclusive and accessible. Accommodations for individuals with disabilities are available. Should you require accommodation please contact human resources at .

Visit our website at www.sompointl