Senior Specialty Underwriter: Growth & Risk Leader

The Hanover Insurance Group; Illinois; On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, dental, vision, life, and dis

401K with a company match

Tuition reimbursement

PTO

Company paid holidays

Flexible work arrangements

Cultural Awareness Day

On-site medical/wellness center (Worc)

Job summary

The Hanover Insurance Group seeks an Underwriter for Hanover Specialty Insurance to identify, solicit and underwrite renewal specialty accounts with high technical complexity. You’ll apply advanced underwriting concepts, pricing, risk analysis, and portfolio management to drive profitable growth within defined appetites and segments.

This is a full-time exempt role focused on collaboration with agencies, cross-functional partners and specialty departments to optimize coverage, terms and results

Qualifications

• Bachelor’s Degree or equivalent experience.
• 3+ years Underwriting experience.
• 3+ years’ experience driving agency relationships resulting in profitable renewal business.
• Proficient in identifying, analyzing and solving problems and managing multiple concurrent projects.

Responsibilities

• Thorough knowledge and understanding of business strategy (segments, general; coverage differentials; partner/non partner, etc.).
• Knows and applies advanced underwriting concepts including risk selection, exposure and hazard identification and control, coverage implications, and loss analysis.
• Advanced knowledge of pricing components and rating methodology and correlates pricing to exposure, financial and competitive analysis.
• Adheres to CAT guidelines and applies increased knowledge of CAT aggregation strategies to decision making.
• Can identify types of coverages including gaps in coverages typically provided within given operations, can explain coverages and correlating exposures and controls to agents to complete our value-added proposition.
• Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, industry and LOB mix, new business and portfolio management goals.
• Demonstrates ability to properly leverage competencies, act as a resource, and build long-term, profitable and mutually beneficial relationships with agencies, internal management, and external resources.

Skills

Underwriting

Agency relationships

Risk analysis

Pricing

Education

Bachelor’s Degree or equivalent experience

Job description

The Hanover Insurance Group seeks an Underwriter for Hanover Specialty Insurance to identify, solicit and underwrite renewal specialty accounts with high technical complexity. You’ll apply advanced underwriting concepts, pricing, risk analysis, and portfolio management to drive profitable growth within defined appetites and segments.

This is a full-time exempt role focused on collaboration with agencies, cross-functional partners and specialty departments to optimize coverage, terms and results