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Life Sciences Sr Underwriter

2 months ago

Boston, United States Hanover Insurance Company Full time

Life Sciences Sr Underwriter - Northeast Thursday, August 22, 2024 For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey. Our Commercial Lines Underwriting team is currently seeking a Small CL Sr. Life Sciences Underwriter to join our new business team in the Northeast. This is a full time, exempt role. This role is eligible for a hybrid or fully remote arrangement. POSITION OVERVIEW: Senior Life Sciences Underwriters are responsible for driving the growth of Small and Middle Market CL business by underwriting new business across all lines and sizes of POS and Non-POS accounts. Also responsible for building and maintaining strong agency relationships partnering with Agency staff and SCSMs. The Senior Life Sciences UW should work closely with and direct the activities of their UT partner(s) following established workflows. IN THIS ROLE, YOU WILL: Categorize and direct UT on next steps to be taken based on assessment and categorization. Document underwriting decisions within standards and expectations in Underwriting systems. Communicate coverages including coverage advantages to highlight in the quoting process, account rounding opportunity, and identify cross-sell opportunity for Specialty businesses on accounts being quoted. Communicate proactively with Agents to convey a sense of ownership and service during all interactions. Instill confidence with agents in their decision to place new business with The Hanover. WHAT YOU NEED TO APPLY: Ideally 2+ years in Small or Middle Market Underwriting capacity. Strong underwriting skill and coverage knowledge; ability to make underwriting decisions on POS and CPP accounts. Sales orientation: able to solicit, qualify, negotiate and close accounts in a manner that promotes deeper partnership with Agents. Demonstrated commitment to service and partners; high level of responsiveness to UTs, SCSMs, and renewal UWs demonstrating strong relationship building. This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform. 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. PTO. Cultural Awareness Day in support of IDE. On-site medical/wellness center (Worcester only). The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law. #J-18808-Ljbffr