VP, IP Large Property

Endurance

Vice President Underwriting in Large Property team at Sompo North America managing underwriting of various risks and collaborating across teams. Building long-lasting relationships with brokers and agents, refining risk assessment strategies.

Posted 5/8/2026full-timeNew York City • New York, North Carolina • 🇺🇸 United StatesLead💰 $190,000 - $250,000 per yearWebsite

About the role

Key responsibilities & impact

Effectively drive acceptable submission activity and quickly determine acceptability of risk in accordance with Sompo guidelines and standards
Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards
Good understanding of pricing components and rating methodology; prices risk based on financial and competitive analysis
Uses all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed
Exhibits strong technical underwriting skills through strategic, thorough account reviews and file documentation
Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory
Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks
Keeps current on state/territory issues, regulations, and trends
Complete understanding and ability to use sophisticated pricing models across various structures: guaranteed cost, captives, SIRs, deductibles, etc.

Requirements

What you’ll need

Minimum 10 plus years of underwriting/insurance experience
Bachelor’s Degree preferred
Well verse and experienced in working, producing, and underwriting all sizes of accounts with the large brokerage houses, agents and specialty retailers
Proficient with matrix reporting management
Experience in underwriting reverse flow business, manufacturing, wholesale/retail, food processing, technology, and life sciences risks
Risk engineering experience is preferred
Established underwriting, quoting, and binding track record of profitable business
Proven track record of building and maintaining strong business relationships with insureds, agents & brokers on both a regional and national level
Strong negotiation skills
Team player and collaborative by nature
Strong attention to detail

Benefits

Comp & perks

Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
Pharmacy benefits with mail order options
Dental benefits including orthodontia benefits for adults and children
Vision benefits
Health Care & Dependent Care Flexible Spending Accounts
Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
Company-paid Disability benefits with very competitive salary continuation payments
401(k) Retirement Savings Plan with competitive employer contributions
Competitive paid-time-off programs, including company-paid holidays
Competitive Parental Leave Benefits & Adoption Assistance program
Employee Assistance Program
Tax-Free Commuter Benefit
Tuition Reimbursement & Professional Qualification benefits

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

underwritingpricing methodologyfinancial analysisrisk assessmentaccount reviewsfile documentationpricing modelsmatrix reporting managementrisk engineeringquoting

Soft Skills

negotiationattention to detailcollaborationrelationship buildingstrategic thinkingcommunicationteam playerproblem solvinganalytical skillsadaptability

Certifications

Bachelor’s Degree