Head of Financial Lines

1 week ago


Hong Kong Island, Hong Kong SAR China Sompo International Full time
Head of Financial Lines (Hong Kong), Underwriting

Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange. Through our operating subsidiaries, Sompo International underwrites agriculture, Financial lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, Financial lines, weather risk and specialty lines of reinsurance.

As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people. Sompo International's headquarters are in Bermuda, and we currently have offices in the U.S., U.K., Continental Europe, and Asia. At Sompo International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work.

To learn more about Sompo International visit our website at www.sompo-intl.com

Sompo has a unique opportunity for a Head of Financial Lines Hong Kong as part of our Financial Lines team in our APAC.

Our Financial Lines APAC team offers capabilities to underwrite across different industries. We work through a network of retail and wholesale brokers, along with our local commercial team in the region to build a sustainable and long-term value proposition.

Location: This position will be based out of our Hong Kong 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:

  • Establish and build a sustainable portfolio of profitable Financial Lines business in HK.
  • Contribute to the profitable growth of Financial Lines APAC portfolio.
  • Conduct broker and client meetings including presentations as required.
  • Provide input and feedback at the weekly underwriting meetings.
  • Develop Financial Lines products for HK in line with the APAC region and Global Financial Lines' overall product strategy and guidelines.
  • Create and utilize marketing materials and other product collateral to support marketing and production initiatives.
  • Develop a broker and distribution plan for each assigned producer/territory; and manage the relationship in terms of analysis, catch-up meetings, and entertainment.
  • Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management.
  • Monitor all industry and specific account trends. Implement a field service reputation that is recognized as superior in the industry.
  • Experience in portfolio management of a product within Financial Lines.

What you'll bring:

  • Bachelor's Degree minimum.
  • Minimum 10 years underwriting experience.
  • Ability to speak multiple languages/dialects will be an added advantage.
  • Experience in underwriting and have technical knowledge of underwriting at least one Financial Lines product.
  • Ability to build relationships with local business partners.
  • Self-starter with initiative to solve problems and make decisions.
  • Excellent written and oral communication skills.
  • Exceptional interpersonal skills with the ability to work in a team environment.
  • Strong analytical skills.
  • Ability to work effectively in a pressured environment.
  • Appetite and hunger to learn and grow and 'go the extra mile'.
  • Eye for detail and ability to organize efficiently.
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Management, Business Development, and General Business

Industries

Insurance

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