Multinational Issuing Office Specialist

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

We are seeking a Multinational Issuing Office Specialist to support our Multinational business in our Charlotte, NC office.

Sompo's Multinational Business Unit offers companies with business operations in multiple countries an industry-leading platform for managing risk. Leveraging licensing capabilities from Sompo companies around the world and a growing network of third-party partners, our Multinational platform offers a convenient, consistent approach to accessing global coverage that is compliant with local regulations in 150 countries. As a North American Issuing Office Specialist, you will play a key part in the growth of our business, liaise with stakeholders, and quickly assess and create the needs of the client and enterprise.

Responsibilities:

• Ownership of pre-bind and post-bind processes for multinational business pertaining to Issuing Office activities.

• Assists in the document management and recording of multinational transactions to ensure consistent policies and procedures are followed for consistent handling of global business.

• Liaise with local and foreign Underwriters and Producing Office teams to ensure adequate and compliant pricing for US risks across the relevant lines of business.

• Execute the issuance of local policy and invoice documentation.

• Communicate with local US brokers on account-bearing matters including but not limited to pre-bind activities, expectation settings on deliverables, as well as status updates to ensure alignment and a high level of overall account servicing.

• Work with internal Finance and Collection teams to ensure premium flow - resolving discrepancies between expected and remitted premium. Keep stakeholders updated on uncollected premium and escalate where appropriate.

• Liaise with local Regulatory and Product teams to ensure the Issuing Office is concurrent with form alignment and changes in risk requirements or coverage details.

• Participate and/or lead account specific meetings with Producing Office and UW teams to ensure optimal workflow.

• Other similar duties as assigned which are required in support of company and department objectives.

• There will be limited delegated Underwriting Authority associated to this role as defined by Product.

Qualifications:

• Minimum 5+ years of UW Support experience required including 2+ years MULTINATIONAL account handling.

• Bachelor's Degree preferred.

• Commercial insurance experience required.

• Proficiency in Windows, Microsoft Office Suite (Word, Excel, Power Point), Adobe / Nitro, Share Point

• Good Analytical ability, business judgement, sense of urgency & ability to meet deadlines and handle multiple priorities.

• Excellent written & verbal communication skills.

At Sompo International, 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 U.S. benefit programs:

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution

• Pharmacy benefits with mail order options

• Dental benefits including orthodontia benefits for adults and children

• Vision benefits

• Health Care & Dependent Care Flexible Spending Accounts

• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children

• Company-paid Disability benefits with very competitive salary continuation payments

• 401(k) Retirement Savings Plan with competitive employer contributions

• Competitive paid-time-off programs, including company-paid holidays

• Competitive Parental Leave Benefits & Adoption Assistance program

• Employee Assistance Program

• Tax-Free Commuter Benefit

• Tuition Reimbursement & Professional Qualification benefits

Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at www.sompo-intl.com