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1 Small CL Sr Portfolio Underwriter Job in Roanoke, VA

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The Hanover Insurance Group
Roanoke, VA | Full Time
$61k-81k (estimate)
2 Weeks Ago
Small CL Sr Portfolio Underwriter
$61k-81k (estimate)
Full Time | Insurance 2 Weeks Ago
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The Hanover Insurance Group is Hiring a Small CL Sr Portfolio Underwriter Near Roanoke, VA

Our Small Commercial Underwriting department is seeking a Sr Portfolio Underwriter to join the team focused on the Carolina's and Virginia.This is a Full-time, Exempt role. This position is eligible for a hybrid work arrangement to Roanoke, VA or a fully remote work arrangement.POSITION SUMMARY: Small Commercial Underwriters are responsible for underwriting and retention on accounts for Commercial Lines business. During the course of executing on this responsibility, the Underwriter is expected to partner with Production Underwriters and Field (SCSMs and RVPs); investigate and promote franchise value opportunities including but not limited to cross sell and up sell for renewal accounts handled; engage in producer management as necessary and appropriate; and act as the owner of individual renewal portfolio (book and agency) profit and loss. The Underwriter should work closely with their UT partner to ensure all policies are underwritten in the most efficient and effective manner while meeting service standards and performance goals. IN THIS ROLE, YOU WILL:Underwrite and manage CL renewal business handled by the Renewal Center for respective agency assignmentsBe responsible for individually underwriting and servicing the non-bypass accounts in their assigned portfolio, including adequately pricing the exposures to attain desired profit returns.Handle endorsements on Renewal Center book of business that fall outside of the endorsement authority letter of Rating or Renewal Center UTs.Handle cancellations on Renewal Center book of business that fall outside of the scope of Renewal Center UTs.Effectively deliver renewal quotes at appropriate threshold in a professional manner, including quote proposals, cross sells, up sells, and segment expertise awareness as appropriate. Operate within the scope of assigned authority statementCoordinate with New Business UWs and SCSMs to present a united front on account/agency strategies and decisions. Participate in agency reviews, agency planning and agency profiling.Participate in agency results management and results reporting.WHAT YOU NEED TO APPLY:Bachelor’s degree preferred and 3 years of underwriting experienceStrong underwriting skill and coverage knowledge; ability to make underwriting decisions on POS and CPP accounts up to $50,000 premium sizeDemonstrated commitment to service and partners; high level of responsivenessAbility to build and maintain close working relationships with Agents, UTs, SCSMs, and New Business UWs, demonstrating strong relationship building, teamwork and collaboration skillsExcellent time management skills, responsiveness and willingness to bring appropriate level of underwriting to those accounts needing a more thorough review; aligned with retention and distribution goalsMust understand Small CL goals and strategies (often changing) and execute on them effectively and have a positive track record of achievement.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$61k-81k (estimate)

POST DATE

05/16/2024

EXPIRATION DATE

05/30/2024

WEBSITE

hanover.com

HEADQUARTERS

WORCESTER, MA

SIZE

3,000 - 7,500

FOUNDED

1852

CEO

FREDERICK EPPINGER

REVENUE

$3B - $5B

INDUSTRY

Insurance

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