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, Sustainability initiatives and inclusive corporate culture.
Senior Field Underwriter
Location
United States
Posted
6 days ago
Salary
$70K - $90K / year
Seniority
Senior
No structured requirement data.
Job Description
Senior Field Underwriter
The Hanover Insurance Group
Role Description Small Commercial Senior Field Underwriters are responsible for driving the growth of Small 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 Field 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. Key Measures of Success: - New Business Production (approx. $2 Million annually). - Quality of audits/file reviews and achievement of mix goals aligned with workflows. Qualifications - Strong underwriting skill and coverage knowledge; ability to make underwriting decisions on POS and CPP accounts up to $50,000 premium size. - 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. - Knowledge of competition and current marketplace; apply to all aspects of performing the role responsiveness and willingness to bring appropriate level of understanding to each opportunity. Benefits - 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).
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