The Hanover Insurance Group
Professional Liability - Specialty Underwriting Specialist (Hybrid)
The Hanover Insurance Group, Hartford, Connecticut, United States
Overview
The Hanover Insurance Group is seeking a dynamic, collaborative, and results-driven
Specialty Underwriting Specialist
to join our
Architects & Engineers Professional Liability Select team . This is an exciting opportunity for a high-energy professional who thrives in a fast-paced environment and is passionate about cultivating strong relationships and delivering exceptional outcomes. Position Highlights
Flexible Work Arrangement: Primarily remote with an expectation of onsite presence two days per week in local office. Location Requirement: Candidates must reside in Connecticut or Illinois. What We Value
At Hanover, we recognize the evolving nature of the workplace and are committed to supporting both professional growth and personal well-being. We take pride in fostering a diverse and inclusive culture that values the unique perspectives and experiences of every individual. We welcome all qualified professionals to apply and become part of a forward-thinking organization dedicated to innovation, excellence, and community. THIS IS A FULL-TIME, EXEMPT ROLE. Position Overview
Responsible for underwriting Architects & Engineers Professional Liability Select new and renewal accounts that drive profitable growth and align with Industry Segments and line of business mixed goals. Apply technical, sales and analytical skills to provide insurance solutions that help Hanover’s customers manage risk. Demonstrates a thorough understanding of Hanover’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions. Operates with limited daily supervision, seeks technical direction for matters outside one’s authority and general expertise. Operates within a standard letter of authority for all underwriting decisions while managing a book of business, generally with moderate to high technical complexity and coordination. In This Role, You Will
Technical Underwriting
Knows and applies underwriting concepts including risk selection, exposure and hazard identification and control, coverage implications, and loss analysis. Uses all appropriate underwriting tools, disciplines and strategies to ensure underwriting guidelines are followed. Understands pricing components and rating methodology and correlates pricing to exposures. When presented with minimal information on a risk, asks the key questions to ascertain the full scope of operations and the key exposures and needed controls. Completes file documentation according to best practices guidelines and can clearly explain account decisions. Provides clear and concise rating instructions for quotes prior to generating proposal for presentation to the agent.
Portfolio Management & Financial Acumen
Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals, by using proven pipeline and marketing practices. Develops an understanding of various financial reporting information and insurance performance measures in risk management. Demonstrates understanding of market factors that affect pricing and how it correlates to the individual book, agency’s book, region, and countrywide. Prepares or analyzes information on underwriting decisions, rate, underwriting requirements, company appetite, status, and declinations to drive results within the assigned territory. Familiarizes with other Hanover departments for leveraging growth in areas of business where portfolio could be more balanced. Identifies, solicits, pipelines, negotiates, and closes accounts aligned with business strategy; profiles agency plant and markets capabilities to agents. Keeps current on state/territory issues, regulations, and trends. Uses market and competitor information to enhance relationships and decision making. Prioritizes and develops effective relationship management and producer activities to build trust and secure commitment to improve yield and retention. Opens opportunities to grow within other lines of business and customer segments. Partners with other business units to deliver comprehensive insurance solutions. Demonstrates in-depth knowledge of Hanover’s products and appetite and clearly communicates Hanover’s position at the point of sale. Builds and maintains rigorous sales practices using all systems, tools and disciplines outlined in sales best practices. Makes presentations to agents and customers; collaborates with Claims and Loss Control to display service and technical expertise.
What You Need To Apply
Bachelor’s Degree or equivalent experience Generally, 3–7+ years of Specialty or standard commercial lines experience 3–4+ years’ experience driving agency relationships resulting in profitable new and renewal business as well as complex accounts Ability to adapt quickly to change, analyze problems, and be open to new ways of thinking Strong communication skills with internal and external partners Judgment and decision-making: ability to exercise sound business judgment and take informed risks Agile and adaptive: ability to learn rapidly, adapt to change, influence others, and manage multiple projects Teamwork and collaboration: fosters idea sharing and respects diverse viewpoints Prioritization and desk management: manages workload against timelines and deliverables Career Development
It’s not just a job, it’s a career, and we are here to support you every step of the way. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you to grow and develop at every level. 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) Full benefits list available 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, or any other status protected by law. The Hanover is committed to an equal opportunity workplace free of discrimination and harassment. If you require a reasonable accommodation during the application or interview process, contact HRServices@hanover.com with the job posting link. Privacy Policy: To view our privacy policy and online privacy statement, please visit our site. Applicants who are California residents: details on data collection can be found in our policy. Compensation: The target hiring range varies by location and experience; additional compensation may include bonuses or other incentives. The posted range reflects flexibility in position titles and levels. Additional Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Insurance
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The Hanover Insurance Group is seeking a dynamic, collaborative, and results-driven
Specialty Underwriting Specialist
to join our
Architects & Engineers Professional Liability Select team . This is an exciting opportunity for a high-energy professional who thrives in a fast-paced environment and is passionate about cultivating strong relationships and delivering exceptional outcomes. Position Highlights
Flexible Work Arrangement: Primarily remote with an expectation of onsite presence two days per week in local office. Location Requirement: Candidates must reside in Connecticut or Illinois. What We Value
At Hanover, we recognize the evolving nature of the workplace and are committed to supporting both professional growth and personal well-being. We take pride in fostering a diverse and inclusive culture that values the unique perspectives and experiences of every individual. We welcome all qualified professionals to apply and become part of a forward-thinking organization dedicated to innovation, excellence, and community. THIS IS A FULL-TIME, EXEMPT ROLE. Position Overview
Responsible for underwriting Architects & Engineers Professional Liability Select new and renewal accounts that drive profitable growth and align with Industry Segments and line of business mixed goals. Apply technical, sales and analytical skills to provide insurance solutions that help Hanover’s customers manage risk. Demonstrates a thorough understanding of Hanover’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions. Operates with limited daily supervision, seeks technical direction for matters outside one’s authority and general expertise. Operates within a standard letter of authority for all underwriting decisions while managing a book of business, generally with moderate to high technical complexity and coordination. In This Role, You Will
Technical Underwriting
Knows and applies underwriting concepts including risk selection, exposure and hazard identification and control, coverage implications, and loss analysis. Uses all appropriate underwriting tools, disciplines and strategies to ensure underwriting guidelines are followed. Understands pricing components and rating methodology and correlates pricing to exposures. When presented with minimal information on a risk, asks the key questions to ascertain the full scope of operations and the key exposures and needed controls. Completes file documentation according to best practices guidelines and can clearly explain account decisions. Provides clear and concise rating instructions for quotes prior to generating proposal for presentation to the agent.
Portfolio Management & Financial Acumen
Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals, by using proven pipeline and marketing practices. Develops an understanding of various financial reporting information and insurance performance measures in risk management. Demonstrates understanding of market factors that affect pricing and how it correlates to the individual book, agency’s book, region, and countrywide. Prepares or analyzes information on underwriting decisions, rate, underwriting requirements, company appetite, status, and declinations to drive results within the assigned territory. Familiarizes with other Hanover departments for leveraging growth in areas of business where portfolio could be more balanced. Identifies, solicits, pipelines, negotiates, and closes accounts aligned with business strategy; profiles agency plant and markets capabilities to agents. Keeps current on state/territory issues, regulations, and trends. Uses market and competitor information to enhance relationships and decision making. Prioritizes and develops effective relationship management and producer activities to build trust and secure commitment to improve yield and retention. Opens opportunities to grow within other lines of business and customer segments. Partners with other business units to deliver comprehensive insurance solutions. Demonstrates in-depth knowledge of Hanover’s products and appetite and clearly communicates Hanover’s position at the point of sale. Builds and maintains rigorous sales practices using all systems, tools and disciplines outlined in sales best practices. Makes presentations to agents and customers; collaborates with Claims and Loss Control to display service and technical expertise.
What You Need To Apply
Bachelor’s Degree or equivalent experience Generally, 3–7+ years of Specialty or standard commercial lines experience 3–4+ years’ experience driving agency relationships resulting in profitable new and renewal business as well as complex accounts Ability to adapt quickly to change, analyze problems, and be open to new ways of thinking Strong communication skills with internal and external partners Judgment and decision-making: ability to exercise sound business judgment and take informed risks Agile and adaptive: ability to learn rapidly, adapt to change, influence others, and manage multiple projects Teamwork and collaboration: fosters idea sharing and respects diverse viewpoints Prioritization and desk management: manages workload against timelines and deliverables Career Development
It’s not just a job, it’s a career, and we are here to support you every step of the way. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you to grow and develop at every level. 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) Full benefits list available 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, or any other status protected by law. The Hanover is committed to an equal opportunity workplace free of discrimination and harassment. If you require a reasonable accommodation during the application or interview process, contact HRServices@hanover.com with the job posting link. Privacy Policy: To view our privacy policy and online privacy statement, please visit our site. Applicants who are California residents: details on data collection can be found in our policy. Compensation: The target hiring range varies by location and experience; additional compensation may include bonuses or other incentives. The posted range reflects flexibility in position titles and levels. Additional Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Insurance
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