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Underwriting Specialist

2 months ago

Worcester, Massachusetts, United States The Hanover Insurance Group Full time
About the Role

The Hanover Insurance Group is seeking a highly skilled Underwriting Specialist to join our team. As an Underwriting Specialist, you will be responsible for identifying, soliciting, and underwriting renewal Specialty accounts that drive profitable growth and align with Industry Segments, appetite, and mix goals.

Key Responsibilities
  • Underwriting and Risk Management
    • Apply advanced technical, sales, and analytical skills to provide insurance solutions that help Hanover's customers manage risk.
    • Demonstrate a thorough understanding of Hanover's strategies and appetites and use internal and external data to make appropriate individual and portfolio risk decisions.
  • Portfolio Management and Financial Acumen
    • Manage assigned portfolio to achieve gross written premium, profitability, rate, retention, industry, and LOB mix, new business, and portfolio management goals.
    • Demonstrate 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.
  • Sales Management
    • Operate with a franchise perspective to identify and drive enhanced sell opportunities and create growth within other lines of business and customer segments.
    • Utilize our value proposition to enhance agency economics, partner conversion, and product specialization in partnership with local management.
Requirements
  • Bachelor's Degree or equivalent experience.
  • 3+ years Underwriting experience.
  • 3+ years' experience driving agency relationships resulting in profitable renewal business.
  • Consistently demonstrates high-level proficiency across LOB UW core competencies.
  • May specialize/certify in 1-2 specialty areas.
About The Hanover Insurance Group

The Hanover Insurance Group is a leading provider of property and casualty insurance to individuals and businesses. We are committed to delivering on our promises and being there when it matters most. Our values of CARE (Compassion, Accountability, Respect, and Excellence) guide everything we do.

Benefits
  • Medical, dental, vision, life, and disability insurance.
  • 401K with a company match.
  • Tuition reimbursement.
  • PTO.
  • Company-paid holidays.
  • Flexible work arrangements.