Director of Underwriting, Commercial Property

Responsibilities/Essential Functions:

• Develop and maintain commercial property underwriting guidelines that align with business strategies , support profitable underwriting , and protect the organization. Work with business partners on communication and training of new and updated underwriting guidelines.

• Identify underwriting improvement opportunities and create and deliver targeted training to improve underwriting execution and profitability of the property line.

• Support the development, maintenance and enhancement of underwriting tools and vendor applications (e.g. - ISO/Verisk, CoreLogic, e tc. ).

• Monitor the performance of the commercial property line and recommend portfolio management and pricing initiatives.

• Participate in state rate review meetings and influence rate filings, pricing targets, mix management (geography / industry) and appetite.

• Provide underwriting insights that support superior product innovation, development and maintenance.

• Scan the environment for emerging issues that could impact the performance of the property line and make recommendations on potential responses from both an offensive and defensive perspective.

• In partnership with Corporate Risk, support the effective monitoring and management of aggregations for catastrophe perils including all windstorm , earthquake, flood, terrorism and wildfire.

• Monitor property loss frequency and severity and review large losses to identify lessons learned and provide appropriate guidance to the field.

• Partner with all the business units that write property to help support or develop individual initiatives.

Position Requirements:

• 10 + years of experience in an underwriting role with strong property underwriting and pricing acumen .

• Strong leadership, collaboration, negotiation and influencing skills .

• Solid analytical and critical thinking skills with the ability to effectively assimilate information and develop insights that drive underwriting strategy .

• Ability to identify and evaluate issues/problems and drive pro-active solutions .

• Self-motivated and independent and can effectively prioritize and deliver quality work in a timely fashion .

• Ability to communicate effectively at all levels of the organization .

• Bachelor's degree or higher .

• CPCU and other designations desirable but not required .

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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Other details

• Job Family Underwriter
• Job Function Underwriting
• Pay Type Salary