Associate Underwriter, Hanover Specialty Industrial

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.

Our Specialty Property Underwriting department is seeking an Associate Underwriter to join our growing team. 

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Position summary:** The Associate Underwriter serves as integral member of the underwriting team by handling routine underwriting responsibilities including renewals within authority, new business data collection/input, new business submission management, account analysis and file documentation. Provide day to day agent servicing and manage territory workflows. Primary service contact ensuring prompt responses to underwriting needs, coverage interpretations, and account inquiries. Responsible for delivery of a superior service experience to our agents. Supports territory team by enabling the underwriter to focus on agency relationships and business development. The position reports to the Underwriting management. 

This is a Full-time, Non-Exempt role.

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Responsibilities/Essential Functions:**

Estimated time allocation (subject to change):

• Renewal and/or endorsement management (40%)
• Preparation of new business underwriting submissions including initial underwriting (45%)
• Data entry including new business tracking (15%) 

Core responsibilities:

• Review new business submissions to ensure that proper documentation and data collection is in the file prior to referring to Underwriting/Loss Control

• Process renewals and endorsements for assigned accounts and determines appropriate pricing

• Develops specialized language for special provisions and policy modifications

• Deliver timely and accurate policies and endorsements to agents

• Ensure accurate database input

• Take on additional tasks as needed

Key Measures of Success:

• New business, renewal and endorsement service metrics
• Renewal retention and agency relationship based on renewal book
• Productivity metrics
• Quality and accuracy of output
• Timely and efficient support of underwriting activities
• Underwriter feedback

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Position Requirements:**

• 3+ years of related insurance experience
• Bachelors Degree preferred
• Basic understanding of insurance concepts, practices, and procedures 
• Functional knowledge of property insurance product offerings
• Analytical skills
• Strong organizational and time management skills
• Attention to detail
• High comfort level using Microsoft Access & Excel
• Industry training and/or certifications (such as CPCU) are a plus.

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: [email protected] 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**.
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