Specialty Lines Underwriter Lead

Munich Re Group; Hartford (CT); Hybrid; USD 170,000 - 250,000; Full time

Job summary

The Hartford Steam Boiler, a subsidiary of Munich Re, is seeking an experienced energy property underwriter to lead engineering lines and risk underwriting for large, complex commercial and energy programs in Hartford or Remote, USA.

The role focuses on underwriting terms, risk-sharing acceptances, and portfolio profitability, while mentoring others and partnering with leadership, business development, operations, and engineering to grow revenue with energy clients.

Qualifications

• Bachelor's degree in Business Administration, Risk Management or Finance or equivalent work experience.
• 10+ years relevant experience, preferably on an Underwriting team.
• 5+ years casualty and/or property underwriting experience, preferably within the large property space.
• Experience with single carrier and shared & layered business.
• 3+ years broker relationship energy experience.
• P&C, Mechanical or Facilities Engineering experience is a plus.
• CPCU, ARM or ARe or other industry designations are a plus.

Responsibilities

• Underwrite large and complex commercial and energy property programs.
• Lead engineering lines and risk underwriting teams.
• Develop terms and conditions and assess risk-sharing acceptances.
• Partner with leadership to oversee profitable portfolios.
• Drive account underwriting, presentations, and revenue growth for energy clients.
• Mentor and train team members across underwriting, BD, operations and engineering.
• Manage highly complex client relationships including brokers.

Skills

Underwriting

Energy underwriting

Leadership

Broker relationships

CAT modeling (RMS)

Energy knowledge

Education

Bachelor's degree in Business Administration, Risk Management or Finance

CPCU, ARM or ARe certification (or equivalent)

Job description

Location: Hartford, CT or Remote, USA

Job Description

Key contributor to emerging energy property team and lead for engineering lines and risk underwriting team. Responsible for underwriting corporate property programs focusing on large and complex commercial and specialty lines, including energy clients. Develops and determines terms and conditions applicable and considers risk-sharing acceptances. Partners with leadership to oversee portfolios to ensure profitability. Responsible for account underwriting, presentation, sales and revenue growth for assigned clients primarily in the renewable and conventional energy segment. Acts as a training mentor for team members and works with Underwriting, Business Development, Operations, and Engineering. Responsible for clients with highly complex risks.

Education and Experience

• Bachelors degree in Business Administration, Risk Management or Finance or equivalent work experience
• 10+ years relevant experience, preferably on an Underwriting team
• 5+ years casualty and/or property underwriting experience, preferably within the large property space
• Experience with single carrier and shared & layered business
• 3+ years broker relationship energy experience
• P&C, Mechanical or Facilities Engineering experience is a plus
• CPCU, ARM, ARe or other industry designations are a plus

Knowledge and Skills

• Excellent underwriting, marketing and analytical skills
• Strong knowledge of energy all-risk underwriting. Ability to understand machinery and equipment exposures and coverages
• Strong knowledge and understanding of structure and layer programs including quota-shares and excess placements
• Working knowledge of CAT modeling including RMS
• Knowledge of Energy, Renewable Energy and Green Energy a plus
• Strong knowledge of various policy forms and coverages in the marketplace
• Ability to work independently and in a team environment
• Able to efficiently manage and prioritize workload
• Relationship building skills in the marketplace, including broker relationships
• Effective leadership skills
• Good communications skills (verbal and written)
• Strong interpersonal skills
• Highly skilled negotiator
• Solid training/mentoring skills

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.