Sompo has a unique opportunity for a Senior Underwriter, Contract Surety in our Surety Business Unit. 

In collaboration with the Surety Leadership team, you'll be responsible for underwriting risks in a book of Contract business, while developing and nurturing agency and broker relationships across our growing Surety operation.  

Location: This position will be based out of our Denver, CO 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: 

• Reviews submissions and financial requirements to determine acceptability of risk in accordance with guidelines and standards  
• Understands pricing components and rating methodology as well as use of the predictive modeling tools to price risk based on financial and competitive analysis  
• Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations to drive results within the assigned territory  
• Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals  
• Develops producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results  
• Develops and implements distributor specific plans, monitors performance, and adjusts plan to ensure a substantial pipeline for future profitable growth  
• Drives effective relationship management and client activities to build trust, facilitate negotiation and secure commitment with the customer  

What you’ll bring: 

• Minimum 3+ years of Surety underwriting experience 
• Strong knowledge of Surety underwriting, techniques, national/local filing regulations and guidelines  
• Knowledge of underwriting processes, coverages, and tools to gather and evaluate information to reach appropriate decisions on renewals and new business  
• Demonstrated ability to build and grow a profitable book of business and pipeline for future business 
• Ability to uncover customer needs, position specific solutions, handle objections and close deals  
• Bachelor’s degree and AFSB designation preferred