Underwriter Assistant, Financial Lines

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Underwriting Assistant in our Financial Lines team.

Our Financial Lines Underwriting team provides coverages including, but not limited to, Directors & Officers, Errors and Omissions, Cyber, Employment Practices Liability and Lawyers Professional Liability. Our clients are global Fortune 1000 companies, domiciled in North America, UK, Western Europe and Australia. We work through a network of wholesale brokers who share our commitment to long-term partnerships built on a strong service proposition.

Location: This position will be based out of our Bermuda office. 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, our opportunity

What you’ll be doing

• Support Financial Lines Underwriters throughout the policy lifecycle, including quoting, binding, registration (SAP), policy issuance, and post-bind processing.
• Enter, maintain, and validate submission data for new and renewal business, ensuring accuracy of expiring structures, endorsements, and related policy records.
• Create, organize, and maintain underwriting files for new and renewal accounts, ensuring all required documentation is complete, accurate, and compliant with company standards.
• Coordinate with external distribution partners and internal underwriters to obtain outstanding underwriting information and documentation, including workups, referrals, rating tools, quotes, binders, and related correspondence.
• Maintain account diaries and proactively track outstanding action items to ensure timely completion of underwriting and policy processing requirements.
• Generate loss information and supporting account data for underwriting reviews and renewal preparation and prepare and maintain rating models to support pricing and analysis.
• Provide additional support to the Financial Lines Underwriting team including premium payment tracking, calendar management and client meetings.

What you’ll bring

• 2 years of relevant experience, preferably within the P&C insurance industry
• Strong computer skills including proficiency in Microsoft Word, Excel, and Outlook
• Ability to multi-task and prioritize assignments whilst maintaining a high degree of accuracy
• Highly organized with strong attention to detail and a methodical, process-driven approach
• Ability to deliver consistent, high-quality work while managing deadlines, shifting priorities and periods of increased operational intensity
• Strong communication and interpersonal skills
• Demonstrates curiosity, initiative, and proactive approach to developing new skills
• Bachelor’s degree or equivalent professional experience

Salary Range: $85,000 – $115,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive Bermuda benefit programs:

• Comprehensive health plan offering Medical and prescription coverage
• Dental benefits including orthodontia benefits for adults and children
• Vision benefits
• Company-paid Life & AD&D benefits
• Company-paid Disability benefits with very competitive salary continuation payments
• Defined Benefit Pension Plan with competitive employer contributions
• Competitive paid-time-off programs, including company-paid holidays
• Competitive Parental Leave Benefits & Adoption Assistance program
• Employee Assistance Program
• Monthly Parking Reimbursement Allowance
• Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.