Captives Executive Underwriter

The Hartford

4.5

(70)

Chicago, IL

Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.5/5 in supportive management
  • 76% say women are treated fairly and equally to men
  • 87% would recommend this company to other women
  • 90% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • The Professional Women’s Network (PWN) provides professional support, growth, advancement and networking to enable greater gender balance.
  • The Hartford offers diversity awareness training known as Appreciating Differences and Managing Inclusion.
  • Employees will be provided with leave of up to four weeks and paid at a rate of 100 percent of their base pay.
  • #R2522152_Chicago

    Position summary

    s the client manager and is responsible for influencing internal and external partners to achieve positive program results. Authority levels will vary, and Gross Written Premium will average in the $45M - $50M range.

    Attendance at Board meetings and client seminars with some international travel possible (Less than 10%).

    Responsibilities:

    Technical Underwriting and Risk Selection

    • Rigorously analyzes underwriting information in assessing risk for each account.

    • Is creative in the use of underwriting tools and techniques to write profitable business while maintaining disciplined adherence to underwriting standards.

    • Is able to communicate rationale for underwriting decisions.

    • Exhibits a commitment to finding ways to write business without sacrificing quality.

    Program Management

    • Participation in all aspects of program management such as actuarial pricing, claim or TPA oversight, reinsurance accounting and collateral management.

    • Possesses a deep understanding of the business.

    • Demonstrated responsiveness and dedication to customers and follow through on service commitments

    • Manage program to achieve underwriting excellence, pricing adequacy and targeted ROE's.

    Production Underwriting and Sales

    • Exhibits a commitment to finding ways to write profitable new business.

    • Works with Business Development Manager to achieve growth objectives.

    • Takes ownership and accountability for growth of assigned Captive Programs.

    • Leverages relationships to drive new business and renewal retention opportunities.

    Relationship and Team skills

    • Demonstrates excellent working relationships with all internal business associates leading to a high level of customer satisfaction.

    • Builds strong relationships with Captive customers and Captive Managers.

    • Closely manages results and implements specific actions to address shortfalls.

    Qualifications:

    • BS/BA degree, advanced degree preferred and /or relevant industry designation (i.e. CPCU, ARM, etc.)

    • 5 + years underwriting commercial casualty lines underwriting experience

    • Experience with Captive insurance programs is desirable

    • Experience underwriting construction accounts is preferred

    • Strong loss responsive or captive program and pricing knowledge

    • Strong coverage knowledge

    • Superior relationship building skills including influencing and negotiation skills

    • Robust problem solving and critical thinking skills

    • Outstanding at providing Customer Service

    • Ability to travel approximately 10%

    Location:

    This role can have a Hybrid or Remote work arrangement. Candidates who live near one of our listed office locations will have the expectation of working in an office three days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.

    Compensation

    The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

    $123,200 - $184,800

    Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

    About Us | Our Culture | What It's Like to Work Here | Perks & Benefits

    Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.5/5 in supportive management
  • 76% say women are treated fairly and equally to men
  • 87% would recommend this company to other women
  • 90% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • The Professional Women’s Network (PWN) provides professional support, growth, advancement and networking to enable greater gender balance.
  • The Hartford offers diversity awareness training known as Appreciating Differences and Managing Inclusion.
  • Employees will be provided with leave of up to four weeks and paid at a rate of 100 percent of their base pay.