Management Liability - Senior Underwriting Specialist Job at The Hanover Insurance Group

The Hanover Insurance Group Texas

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 Management Liability department is seeking a collaborative, dynamic, and strategic Senior Underwriting Specialist to join our high performing team. This role may be based in Dallas, Texas, or in the Metro Dallas area to allow for periodic in person collaboration and face to face sales calls. We offer hybrid work arrangements and will consider 100% remote arrangement for the right candidate.

The Hanover is a diverse and inclusive organization focused on hiring the best talent and we encourage all qualified professionals to apply. At the Hanover we also understand that life and the workplace have changed so we are reimagining the workplace and provide flexible work arrangements to allow for greater work life balance.

The Hanover is a diverse and inclusive organization focused on hiring the best talent and we encourage all qualified professionals to apply. We believe that an inclusive, diverse and equitable workplace make us a better organization and creates a stronger community.

The actual job title and level may be flexible dependent on candidate qualifications and experience (Underwriting Specialist or Executive Underwriter).

We will consider all qualified applicants.

Position Overview:
The Senior Underwriting Specialist has direct responsibility for new business production, agency management, and key renewals with assigned agencies. The primary focus is to drive Management Liability middle market business with agents, and to build strong relationships with key specialty and multi-line agents to identify and write new middle market management liability accounts.

Operates semi autonomously regarding core competencies including but not limited to tech underwriting, sales, renewal and portfolio management, within a broad, earned, letter of authority. Demonstrate broad knowledge and expertise across most ML coverages while providing informal leadership through coaching and team-based encouragement. Manage and grow assigned book of business, general with highly technical complexity and coordination within a broad grant of authority

This is a Full-time, Exempt role.

IN THIS ROLE YOU WILL:
  • Responsible for the execution of Hanover Professionals Partner’s strategy within the Management Liability team. This may include building on distribution strategy, triage of submission flow, review of risks to ensure Hanover is using capacity wisely and maintaining agency relationships and attaining profit and growth goals for the unit.
  • Develop relationships with agents. Assist with driving new business flow using a solid understanding of the agents’ business plans and Hanover’s value proposition and strategy.
  • Ensure that multi-line agents understand the direction of the management liability market and underwriting standards and the Hanover’s new business risk profile to generate quality new business.
  • Manage a portfolio of renewal business including underwriting and pricing, with a focus on retention.
  • Achieve goals as outlined in the business plan for assigned agents around loss ratio, total written premium, new business, and renewal retention.
  • Serve in a collaborative and open manner on a team consisting of other Underwriters, Field Executives, Technicians, Customer Service personnel, etc. Proactively communicate with team members to achieve optimum business results and support positive collaboration.
WHAT YOU NEED TO APPLY:
  • Bachelor’s Degree or equivalent experience
  • Generally, 5+ years Professional Lines Underwriting experience & driving agency relationships resulting in profitable new and renewal business.
  • Proficient in ability to identify, analyze and solve problems and manage and prioritize multiple concurrent projects.
  • Viewed as an informal leader. Open to and proactively shares knowledge and expertise with peers, management and leadership.
  • Consistently demonstrates high level of proficiency across core competencies.
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
  • Tuition reimbursement
  • PTO
  • Company paid holidays
  • Flexible work arrangements
  • Cultural Awareness Day in support of IDE
  • On-site medical/wellness center (Worcester only)
  • Click here for the full list of Benefits
EEO statement:
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.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:
To view our privacy policy and online privacy statement, click here.

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.


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