Head of Underwriting Governance

New Yesterday

Head of Underwriting Governance Are you looking for your next opportunity? Sompo has a unique opportunity for a Head of Underwriting Governance in our CUO team. We aim to have a suite of Underwriting Controls that, when combined, should contribute towards providing a robust underwriting control framework. The control framework needs to respond dynamically to a changing environment, so these controls are intended as a foundation to be built upon as the organisation grows and expands into different product lines. The individual should have extensive experience in Underwriting Control and Management, be able to assist with pragmatic and efficient solutions. They should have an eye for detail and be able to present solutions in a clear, digestible fashion. Be prepared to operate in a collegiate manner, as it is important that Underwriters feel supported and empowered within clearly defined limits. Location: This position will be based out of our London office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long‑lasting careers. What you’ll be doing:
Collation of Letters of Authority into a central database capturing individual authority levels and any caveats. Working with and delivering information to Operations, Risk, I.T. and others to help develop a means of automatic compliance checks of authority breaches, escalations and Peer Review(s). Deliver underwriting appetite(s) and guidelines through a clear, systematic process that is a) scalable, b) dynamic (to allow for appropriate change with oversight), c) transferable to and easy to compare against other Sompo legal entities, d) transparent and clear to management, independent observers, regulators, reinsurers, internal audit, or as say part of management‑initiated audits (MIAs). Review and help update Underwriting Policy and Procedures, ensuring Underwriters are familiar with key, salient aspects for annual attestation and attest to any mid‑term changes. Assimilate MIAs, identifying and informing respective stakeholders of cross–class trends, gaps, lessons learned. Manage and document an onboarding process to ensure new hires’ awareness of forementioned‑Underwriting Controls, Processes and Procedures. Proven ability to lead teams, driving collaboration and alignment with strategic goals. Manage and oversee Product governance and delegated underwriting frameworks. Management of Product governance, Exposure Management and Delegated Underwriting teams. Deliver reporting metrics for review and discussion in various committees.
Key Competencies
Strategic Thinking and Decision-Making Regulatory and Governance Acumen Leadership and Team Development Data-Driven Insights and Innovation Stakeholder and Relationship Management
Our Benefits
Expansive Health & Wellness Benefits Generous Retirement & Savings Plans Global Parental Leave & Adoption Assistance
In today’s world, what do we stand for? We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organisational environment where everyone belongs. We proudly are a multi‑racial, multi‑cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment. About Us We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours. Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve. We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs. Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges. Because when you choose Sompo, you choose the ease of expertise. To learn more about visit our website at www.sompo‑intl.com #J-18808-Ljbffr
Apply
Location:
City Of London, England, United Kingdom
Job Type:
FullTime

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