Underwriter ML - TX
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POST DATE 9/12/2016
END DATE 10/18/2016
JOB DESCRIPTIONUnderwriter ML - TXJob ID #:
Houston, TXFunctional Area:
49000 - Management LiabilityPosition Type:
Full - Time Education Required:
Bachelors DegreeExperience Required:
5 - 7 Years Relocation Provided:
Job DescriptionThe Hanover is seeking a Senior Management Liability Underwriter to join our growing team in the West based in Houston, TX or Dallas, TX.Recognized as one of America's Best Employers by Forbes and as one of the Best Places to Work in Insurance by Business Insurance, The Hanover is proud to be among the top property and casualty insurers in the United States. The Hanover offers a collaborative environment where you'll gain new experiences and grow your career. The Hanover offers comprehensive benefits to help you stay healthy, build financial security, and maintain work/life balance. At The Hanover, you'll enjoy what you do and have the support you need to succeed.Join our winning culture and help us advance our journey to be the best company in our business.Position summary:
This individual will be responsible for developing and growing assigned agency relationships, soliciting new business opportunities and handling assigned renewal accounts. He/she will evaluate, underwrite and price business submitted to the Company within ML guidelines. He/she will be accountable for achieving financial targets for overall growth and profitability. New Business goals and underwriting authority level is commensurate with experience level.Primary Responsibilities:
- Under limited direction, ability to work within broad limits and authority on highly complex assignments requiring specialized knowledge in breadth and/or depth in area of expertise.- Viewed as senior product resource/subject expert on one or more product lines by peers and colleagues; provides technical advice to lower level underwriters.- Develop new business and new target agents by building & maintaining strong, productive, ongoing relationships with new and existing agents.- Ability to manage portfolio based on risk trends, market conditions, and P&L.- Highly accountable for meeting department goals as well as revenue and profit goals.- Act as an ambassador for ML with all levels of core commercial colleagues on behalf of ML/F&C capabilities- .- Capability to lead various projects and represent the larger team, both internally and externally.- Broader territory management accountabilities including participating in the analysis, development and execution of a territory plan.Key Measures of Success- Highly proficient in underwriting highly complex business across all expected lines.- Referrals submitted are succinct, detailed and provide a clear, decisive opinion; thought process is transparent and the risk is clearly outlined allowing for quality handling of referral.- Adheres to Business Unit, Compliance and Regulatory guidelines.- Maintain file and underwriting integrity which adhere to the ML departmental guidelines.Required Skills and Competencies:
- Bachelor's degree- A minimum of years ML underwriting experience- Advanced agency management skills- Advanced product knowledge and underwriting expertise- Advanced negotiation skills- Advanced relationship building skills, both internally and externally- Excellent analytical skills- Strong communication skills, including ability to deliver effective presentations internally and externally in front of large groups- Influencing skills- Strong sales focus and marketing perspective; demonstrates proficiency in all sales best practices- Ability to mentor lower level Underwriters- Ability to demonstrate leadership on an informal basis- Travel requiredBenefits to joining The Hanover's team:
- Competitive pay and benefits, including medical, dental, life and disability insurance, generous time off with pay and adoption assistance- Retirement/401(k) program, including 100 percent company match up to first six percent of pay- Employee Stock Purchase Plan (ESPP) with 10 percent discount on company stock- Wellness programs, including non-smoker discount, weight loss programs and one-on-one counseling- Employee development/education assistance and professional/industry designation programs and reimbursementThe Hanover Insurance Group, Inc. (NYSE:
THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester, Citizens Insurance Company of America, headquartered in Howell, Michigan, Chaucer Holdings PLC, based in London and their affiliates.The Hanover offers a wide range of property and casualty products and services to businesses, individuals, and families through a select group of independent agents across the U.S., and has been meeting its obligations to its agent partners and their customers for over 160 years. The company maintains excellent ratings from A.M. Best, Standard & Poor's and Moody's.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.'The Hanover Insurance Group does not accept unsolicited Agency resumes. The Hanover Insurance Group will not pay fees to any third party agency or firm that does not have a signed 'Employment Agency Agreement' already on file with Human Resources - The Office of Talent Management.Position Requirements .