What are the responsibilities and job description for the Underwriter II - Equipment Breakdown position at HSB - Hartford Steam Boiler?
HSB, a Munich Re company, is a specialty insurer and risk solutions provider known for its industry-leading equipment breakdown coverage. We combine deep engineering expertise with cutting-edge technology to help clients prevent loss and ensure operational resilience. Our offerings include equipment breakdown insurance and other specialty coverages (cyber, EPLI, service line, home appliances), along with a suite of risk management services powered by 1,200 engineers and inspectors, IoT sensors, AI, and predictive analytics. HSB is redefining insurance by focusing on prevention—not just protection.
Are you decisive, detail-oriented, and skilled at building relationships? Join our team as a Client Company Underwriter II, where you’ll partner with assigned client company underwriters to provide equipment breakdown coverage for new and renewal business. You’ll manage a diverse portfolio, evaluate and quote risks, and play a key role in maintaining a profitable reinsurance business.
Position located in Hartford, CT and open to Remote Options
Key Responsibilities
- Renewal Management: Oversee and service renewal accounts, ensuring all necessary reviews, data collection, and customer communications are completed. Prepare and send quotes, follow up with customers, and process policies for issuance.
- New Business Management: Identify and pursue new business opportunities. Assess submissions, coordinate with engineering as needed, prequalify accounts, and manage the quoting and issuance process.
- Market Knowledge & Customer Focus: Participate in internal training to expand your underwriting expertise and binding authority. Attend customer meetings and ensure accuracy in rated instructions for assigned client companies.
- Client Relationship Development: Foster and develop relationships with assigned client companies through virtual calls and client visits. Prepare for meetings by reviewing account activities and addressing key topics.
Education & Experience
- Bachelor’s degree in Business Administration, Risk Management, Finance, or equivalent work experience.
- 5 years of experience in the insurance industry.
- Experience in P&C, Mechanical, or Facilities Engineering is a plus.
Knowledge & Skills
- Excellent verbal and written communication skills, with the ability to negotiate effectively.
- Strong interpersonal, organizational, and analytical skills.
- Attention to detail and sound decision-making abilities.
- Sales and customer service orientation.
- Knowledge of machinery, equipment breakdown exposures, and coverages.
- Understanding of underwriting and marketing concepts.
At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.