This listing was posted on InsuranceJobs.
Inland Marine Executive Underwriter
Location:
Dallas, TX
Description:
Inland Marine Executive Underwriter Dallas, TX, USA * Fort Worth, TX, USA Req #17904 Thursday, June 6, 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. Hanover Marine is seeking a market facing, sales-minded Executive Underwriter in our Specialty Division to join our growing Inland Marine team in Dallas, TX. This is a full time, exempt role. At the Hanover we understand that life and the workplace have changed so we are reimagining the workplace and provide flexible work arrangements. This position will be a hybrid role. We encourage all Inland Marine Underwriting professionals looking to join a dynamic & collaborative team to apply. POSITION OVERVIEW: This role operates as the most experienced underwriter position and depending upon the business function may focus on production goals or supporting territories in driving underwriting excellence. Typically holds highest level of underwriting authority and works closely with leadership to drive underwriting and portfolio quality, sales and operations excellence, talent development, strategy development and execution. Provides technical insight and guidance to local team and leaders on accounts and execution of the strategy within the territory. This role may also lead a specific class of business. IN THIS ROLE, YOU WILL: Underwrite new business, renewal business, and endorsement referrals. Achieve financial targets for overall growth and profitability. Drives execution of plans to achieve results. Collaborate with and provide oversight to the junior underwriting staff on portfolio management and strategic underwriting decisions to ensure production, financial and underwriting objectives with respect to profitability are achieved. Assure compliance with corporate and regulatory requirements and ensures the integrity of underwriting discipline by identifying underwriting issues. Develop new business opportunities with new and existing agents. Build strong partnerships and promote the Hanover franchise Provide input and may assist in broader strategy formulation with primary focus on execution of strategies. Business Development: Identify and drive enhanced business 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. Prioritize and drive effective relationship management and producer activities to build trust, facilitate negotiation, and secure commitment in order to improve yield and retention ratios. Engage at the customer level for the most complex and prominent accounts within their territory. Independently implement territory business plans, monitors performance, adjusts plan to ensure a substantial pipeline for future profitable growth. Actively engage with distribution and field leadership to develop business opportunities. Regularly liaise with BDM function. Coach field underwriters on top selling techniques specific to the industry space. Collect market intelligence (price, product, services); advocate for change as needed. Assist in the development of new product capabilities, emerging market opportunities, and identifying growth opportunities. Portfolio Management: Manage portfolio for assigned territory with guidance from Leader. Provides input to and feedback on Portfolio, Distribution and Infrastructure strategy. Analyze industry financial performance and proactively manages the performance of portfolio, recommending corrective action as needed. Gather critical local intelligence that will aid in the development product, service and appetite improvements. Proactively respond to regulatory and legal environment. Maintain keen understanding of industry competitors, Identifies trends and emerging issues. Closely monitor underwriting results for assigned regions and recommends actions to improve profitability. Underwriting Development and Support: Assist managers and underwriters with the most challenging technical underwriting situations. Provide additional support to managers in the areas of portfolio management, underwriting quality, reinsurance referrals and business planning Periodically be involved in complex underwriting referrals that fall outside of other UW team members Assist in development and delivery of training. Develops and maintains relationships with Operations, Loss Control, and Claims to operationalize underwriting decisions WHAT YOU NEED TO APPLY: Bachelor's degree required; professional designations preferred. 7+ years of Marine underwriting experience, with broad underwriting experience across numerous classes of business. Strong proficiency with specific knowledge requirements in the areas of underwriting, book management, marketing and product development. Ability to effectively coach Underwriters and balance multiple priorities in a dynamic and very fast-paced environment. Excellent communication skills are essential; effective face-to-face interactions and presentations to groups, as well as strong phone skills, along with sound written communications, including impeccable follow through. Demonstrated ability to effectively collaborate and influence across multiple levels of the organization within senior and field management and underwriters. High degree of business, insurance and marketplace knowledge. Judgement and Decision Making. Agile and Adaptive. Teamwork and collaborative. Project Management skills. Ability to travel as needed. 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: XXXX@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 .Requisition #: 288526ahf9io63
Company:
The Hanover Insurance Group
Posted:
June 7 on InsuranceJobs
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to InsuranceJobs
Important Safety Tips
- Always meet the employer in person.
- Avoid sharing sensitive personal and financial information.
- Avoid employment offers that require a deposit or investment.
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Inland Marine Executive Underwriter
Inland Marine Executive Underwriter is a Insurance Jobs Underwriter Job at The Hanover Insurance Group located in Dallas TX. Find other listings like Inland Marine Executive Underwriter by searching Oodle for Insurance Jobs Underwriter Jobs.
Inland Marine Executive Underwriter is a Insurance Jobs Underwriter Job at The Hanover Insurance Group located in Dallas TX. Find other listings like Inland Marine Executive Underwriter by searching Oodle for Insurance Jobs Underwriter Jobs.