Excess & Surplus - Specialty Underwriter Specialist (Remote / Hybrid)

The Hanover Insurance Group; Shrewsbury Street (MA); Remote; USD 80,000 - 120,000; Full time

Job summary

A leading insurance company is seeking an E&S Casualty Underwriter Specialist to join their growing team. This full-time role involves analyzing and underwriting E&S casualty business, collaborating with trading partners, and driving business development activities. Ideal candidates will have 3-7 years of experience in commercial E&S casualty insurance and possess strong communication and analytical skills. The company offers comprehensive benefits and career development opportunities.

Benefits

Medical, dental, vision, life, and disability insurance

401K with a company match

Cultural Awareness Day in support of IDE

On-site medical / wellness center (Worcester only)

Qualifications

• 3-7 years of commercial E&S casualty insurance experience.
• Strong analytical and quantitative skills.
• Excellent organizational and desk management skills.

Responsibilities

• Analyze, evaluate, decline, accept, rate, quote, and bind new and renewal E&S casualty business.
• Develop and maintain professional relationships with wholesale trading partners.
• Drive production and marketing activities to achieve individual goals.

Skills

Communication

Negotiation

Analytical

Relationship Management

Customer Focus

Education

Relevant professional designation (ASLI, CPCU, ARM preferred)

Tools

Microsoft Office

Job description

Merit Specialty, a division of The Hanover Insurance Group, is seeking to add an Excess and Surplus Lines (E&S) Casualty Underwriter Specialist to its growing Team. Merit Specialty transacts business with appointed wholesale trading partners and the position will be responsible for reviewing new and renewal mono-line commercial general liability and supported excess liability risks to determine acceptability for quoting and binding business within the underwriting authority granted by the Company. This position is a market facing role with frequent interaction with appointed wholesale trading partners. This position requires strong communication, negotiation, relationship development and analytical skills to transact business within the fast-paced wholesale E&S environment. We are seeking an experienced E&S professional with a high technical acumen and a strong casualty underwriting skill set.

This position works in a team environment and will collaborate to underwrite and service accounts for assigned wholesale trading partners. Business development activities include identifying key wholesale firms / brokers, executing on sales and marketing activities that demonstrate and support a strong customer focus that ultimately reinforces Merit Specialty’s E&S casualty appetite and strategy.

This is a full-time, exempt role.

IN THIS ROLE YOU WILL :

• Analyze, evaluate, decline, accept, rate, quote and bind new and renewal E&S casualty business according to underwriting authority granted by the Company.
• Review mid-term endorsement requests and loss control reports.
• Drive production and marketing activities to achieve individual goals while maintaining underwriting integrity and overall profitability.
• Develop and maintain professional relationships with appointed wholesale trading partner firms and brokers to generate a strong flow of quality new business opportunities, as well as execute on portfolio management objectives to manage the overall quality of the book of business handled.
• Exhibit thorough working knowledge of sound underwriting principles, policies, procedures, and controls.
• Keep current on issues affecting the casualty lines of business, as well as competitors and the overall marketplace.
• Coach and mentor other team members on the team as needed, as well as support and contribute to the development of more junior underwriters.
• Provide a high level of customer service by timely response to wholesale broker requests and deadlines.
• Create, drive, and execute on strategies for new and / or renewal accounts (prospective book management, executing on the territorial and wholesale trading partner plans, etc.).
• Ability to sell the Merit Specialty value proposition to wholesale trading partners.
• Further the Merit Specialty brand by attending and representing Merit Specialty at Industry sponsored events and / or conferences.

WHAT YOU NEED TO APPLY :

• A minimum of 3 years, but ideally 5-7 years, of commercial E&S casualty insurance experience required.
• Excellent organizational and desk management skills with the ability to work independently and as part of a team.
• Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills.
• Possess strong technical, analytical, and quantitative skills.
• Excellent oral and written communication skills.
• Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
• Must be customer focused.
• Proficient in Microsoft Office products to include Word, Excel, and Outlook.
• Strong organization and prioritization skills.
• ASLI, CPCU, ARM or other relevant professional designation preferred, but not required.
• Some travel will be required.

CAREER DEVELOPMENT :

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.

BENEFITS :

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include :

• Medical, dental, vision, life, and disability insurance
• 401K with a company match
• Cultural Awareness Day in support of IDE
• On-site medical / wellness center (Worcester only)