Experienced Ocean Marine Underwriting Specialist

2 days ago


Toronto, Ontario, Canada Sompo Full time
About Sompo

Sompo is a leading global provider of insurance and reinsurance services. Our company is organized under the laws of Japan, with shares listed on the Tokyo Stock Exchange.

Our Business

We operate in 32 countries worldwide, offering a range of insurance services including property, casualty, marine, and energy insurance. In Canada, we operate under the brand name Sompo, providing insurance services to clients across the country.

Job Description

We are seeking an Experienced Ocean Marine Underwriting Professional to join our team in Toronto, Canada. This role will be responsible for underwriting ocean marine business within assigned territories and agency bases.

The successful candidate will have a minimum of 10 years' experience in ocean marine or cargo underwriting, with established relationships with local retail brokers. They will also have a track record of developing underwriters who acquire high-level underwriting skills, building agent/broker relationships, and making informed business decisions.

Responsibilities
  • Evaluate individual risk characteristics to determine capacity, attachment point, terms, and pricing for a diverse and profitable book of business
  • Develop and execute a marketing plan to retain existing business and produce new business
  • Adapt underwriting techniques to underwriting guidelines and rating plans to write a wide range of account sizes and operations
Requirements

To succeed in this role, you will need:

  • A minimum of 10 years' experience in ocean marine/cargo underwriting
  • Established relationships with local retail brokers
  • A successful track record of developing underwriters who acquire high-level underwriting skills, build agent/broker relationships, and make informed business decisions
  • Bachelor's degree preferred
  • Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint)
  • Familiarity with French language is an asset
Compensation

Estimated annual salary: $120,000 - $150,000 CAD, depending on experience and qualifications.



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