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Sompo International

VP, Delegated Authority Underwriter

London
Posted 12 days ago
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VP, Delegated Authority Underwriter – SME & Middle Market Team

Are you looking for your next opportunity? Sompo has a unique opportunity for an VP, Delegated Authority Underwriter, within our Delegated SME & Middle Market team. Our SME & Middle Market Underwriting team offers comprehensive multi-line capabilities tailored to the following industry verticals:

  • Real estate
  • Hospitality
  • Financial institutions
  • Professional services
  • Technology
  • Life sciences

We partner with a network of retail brokers and MGAs committed to long-term relationships built on a strong service proposition. This role will focus specifically on the delegated authority sector, helping to grow our book of business and collaborate with the Head of UK SME & Middle Market. You’ll work closely with partner brokers & MGAs in the UK.

Location

This position is based at our London office. We foster a collaborative work environment where employees thrive and build long-lasting careers.


About the Role

Our business relies on your impact. Here’s what you’ll be responsible for:

Key Responsibilities

  • Manage and develop new and existing delegated relationships
  • Take accountability for the P&L of delegated partners through active account management
  • Ensure all appropriate lines of business (LOBs) are actively sold to delegated partners
  • Support the wider delegated team in referrals and account management
  • Price and analyze coverage, structure risks, and exposure for individual delegated partner referrals
  • Balancing strong customer relationships while maintaining a risk-mitigating, compliance-driven culture
  • Proactive monitoring, governance, risk identification, and escalation
  • Making sound risk decisions aligned with the business unit’s risk appetite
  • Conducting individual account underwriting audits as required

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£35,000/yr

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Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

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Requirements

To excel in this role, you must bring:

  • At least 15+ years of underwriting experience
  • Significant delegated underwriting sector experience at underwriter and management levels
  • Established relationships with existing delegated partners
  • Strong negotiation and communication skills (written & verbal)
  • Proven ability to build and sustain client relationships

Benefits

We continuously enhance our benefits to support employees and their dependents. Key highlights include:

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  • Expansive health & wellness benefits
  • Generous retirement & savings plans
  • Global parental leave & adoption assistance

Why Sompo?

Our Vision & Values

We stand for exceptional value for clients and shareholders by maintaining Sompo as an attractive and inclusive workplace. Our organizational culture values: ✔ Open dialogue between managers and team members ✔ Diversity and belonging as core principles ✔ Rejection of racism, bigotry, and prejudice ✔ A commitment to widespread workplace inclusivity

About Sompo

For 137 years, Sompo Holdings has delivered commercial and consumer property, casualty, and specialty insurance and reinsurance solutions. With 10,000+ employees globally, we combine expertise and innovation to simplify clients' risk management challenges.

“At Sompo, you choose The Ease of Expertise™.”

🌐 Learn more: www.sompo-intl.com

Sompo is part of Sompo Holdings, Inc. (Tokyo Stock Exchange), one of the world’s leading property and casualty groups.

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Jessica, London

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Skills

Underwriting
Delegated Authority
Account Management
P&L Management
Risk Analysis
Negotiation
Communication
Governance
Compliance
Risk Identification
Auditing

Location

London, England, United Kingdom

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