Talent.com
No longer accepting applications
Sr Sales Underwriting Specialist, Middle Market

Sr Sales Underwriting Specialist, Middle Market

The Hanover Insurance GroupRoseville, CA, United States
10 days ago
Job type
  • Full-time
Job description

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, Sustainability initiatives and inclusive corporate culture.

Our Middle Market department is seeking a Sr. Sales Underwriter to join our growing team for our Southern California territory.

This is a Full-time, Exempt role. This is a Hybrid position.

Position Overview / Summary :

  • Responsible for identifying, soliciting, underwriting and selling new and renewal Middle Market accounts that drive profitable growth and align with Industry Segments, appetite and mix goals.
  • Apply advanced technical, sales and analytical skills to provide insurance solutions that help Hanover's customers manage risk. Demonstrates a thorough understanding of Hanover's strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions.
  • Operates within a broad Letter of Authority for all underwriting decisions and with limited direction while managing an assigned book of business, generally with high technical complexity and coordination.

Responsibilities / Essential Functions :

Technical Underwriting

  • Knows and applies advanced underwriting concepts including risk selection, exposure and hazard identification and control, coverage implications, and loss analysis.
  • Uses all appropriate underwriting tools (e.g. RQI, WC RST, UWWS, and CLAY.), disciplines and knowledge of strategies to ensure underwriting guidelines are followed.
  • Advanced knowledge of pricing components and rating methodology and correlates pricing to exposure, financial and competitive analysis.
  • Completes file documentation according to best practices guidelines and state regulations and can clearly explain account decisions.
  • Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price individual risks. Applies increased knowledge of CAT aggregation to decision making. Portfolio Management & Financial Acumen :
  • Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, industry and LOB mix, new business and portfolio management goals.
  • Reviews key metrics and uncovers trends that may lead to new business opportunities with agents while achieving profitable growth in accordance with business strategies.
  • Demonstrates an understanding of the market factors and trends that can affect pricing (i.e. distribution channels, competition, organization's growth / profit strategy, regulation, reinsurance costs and branding).
  • Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory.
  • Supports the implementation of profit improvement initiatives with key agents.
  • Sales Acumen & Customer Advocacy :

  • Can identify, solicit, pipeline, negotiate, and close accounts aligned with MM branch strategy.
  • Ability to profile assigned agency plant and to strategically market our capabilities to agents.
  • Operates with a franchise perspective to identify and drive enhanced sell opportunities and create growth within other lines of business and customer segments.
  • Utilize our value proposition to enhance agency economics, partner conversion and product specialization in partnership with local management.
  • Prioritizes and drives effective relationship management and producer activities to build trust, facilitate negotiation, and secure commitment in order to improve yield and retention ratios.
  • Keeps current on state / territory issues, regulations and trends. Utilizes market and competitor information to enhance agent relationships by becoming a trusted advisor.
  • Through stewardship process engage at the customer level for the most complex and prominent accounts within their territory.
  • Independently implements territory business plans, monitors performance, adjusts plan to ensure a substantial pipeline for future profitable growth.
  • Makes sales presentations to agents and customers on a regular basis and participants in more complex accounts :
  • Utilize Industry Solutions partners to augment sales process through enhanced knowledge transfer, strategic producer visits / sales calls, and effective training sessions for both agents and customers.
  • Effectively utilize Claims, Risk Solutions and Operations to display service and / or technical expertise to build confidence in customers to further secure business opportunities.
  • Required Skills, Key Competencies and Experience :

  • Bachelor's Degree or equivalent experience
  • 3-7+ years Underwriting experience, with a minimum of 3 years of experience underwriting MM accounts.
  • 3+ years of experience driving agency relationships resulting in profitable new and renewal business.
  • May specialize / certify in one or more Industry Segments.
  • 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 : HRServices@hanover.com 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

    Compensation :

    The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.

    Create a job alert for this search

    Underwriting Specialist • Roseville, CA, United States

    Related jobs
    • Promoted
    Commission-Based Insurance Sales Agent

    Commission-Based Insurance Sales Agent

    Platinum Supplemental InsuranceWoodland, MN, US
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 7 days ago
    Underwriting Account Manager

    Underwriting Account Manager

    WCF InsuranceRoseville, CA, USA
    Full-time
    Quick Apply
    WCF is an A Rated insurance carrier that is growing and is looking for an applicant that wants to join a company with a great culture, great benefits, and great employees.We have an immediate openi...Show moreLast updated: 30+ days ago
    • Promoted
    Outside Sales Agent – Insurance Products

    Outside Sales Agent – Insurance Products

    Platinum Supplemental InsuranceWoodland, MN, US
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 6 days ago
    • Promoted
    Work from Home

    Work from Home

    HomeJobFinderPlymouth, CA
    Remote
    Full-time
    Remote Opportunity : Link Posting Marketing Rep (No Experience Needed!) Are you self-driven, reliable, and ready to earn from anywhere? We’re looking for motivated individuals to jo...Show moreLast updated: 30+ days ago
    • Promoted
    Freelance Market Survey Contributor (Hiring Immediately)

    Freelance Market Survey Contributor (Hiring Immediately)

    Earn HausFlorin, California, US
    Full-time +1
    We are urgently looking for people interested in taking online surveys for Fortune 500 brands.If you are a self-starter, looking for flexible hours throughout the week, this may be for you! Earn up...Show moreLast updated: 30+ days ago
    • Promoted
    Underwriter

    Underwriter

    TradeJobsWorkForce94258 Sacramento, CA, US
    Full-time
    Underwriter Job Duties : Analyze financial data related to loan requests.Evaluate loan...Show moreLast updated: 30+ days ago
    • Promoted
    Newly Licensed Real Estate Agent

    Newly Licensed Real Estate Agent

    Culbertson and Gray GroupLincoln, CA, US
    Full-time
    Elevate Your Real Estate Career with The Culbertson Gray Group.Are you prepared to take your real estate career to the next level with a vibrant team that thrives on growth and innovation? The Culb...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Earn $50,000–$100,000 as a Surrogate – Must Have Healthy Prior Delivery

    Earn $50,000–$100,000 as a Surrogate – Must Have Healthy Prior Delivery

    Ivy SurrogacyIone, CA, US
    Full-time +1
    Becoming a surrogate mother is one of the greatest gifts of life!.Ivy Surrogacy is a third-party reproductive agency for parents all over the world seeking. At Ivy Surrogacy, we genuinely believe we...Show moreLast updated: 22 hours ago
    • Promoted
    Underwriter - Remote

    Underwriter - Remote

    TradeJobsWorkForce94297 Sacramento, CA, US
    Remote
    Full-time
    Underwriter Job Duties : Analyze financial data related to loan requests.Evaluate loan do...Show moreLast updated: 30+ days ago
    • Promoted
    Loan Sales Specialist

    Loan Sales Specialist

    OneMain FinancialElk Grove, CA, US
    Full-time
    At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. In this role, our team members ...Show moreLast updated: 15 days ago
    • Promoted
    Loan Acquisition Specialist

    Loan Acquisition Specialist

    OneMain FinancialElk Grove, CA, US
    Full-time
    At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. In this role, our team members ...Show moreLast updated: 15 days ago
    • Promoted
    Remote Brand Influence Contributor (Hiring Immediately)

    Remote Brand Influence Contributor (Hiring Immediately)

    Earn HausElk Grove, California, US
    Remote
    Full-time +1
    We are urgently looking for people interested in taking online surveys for Fortune 500 brands.If you are a self-starter, looking for flexible hours throughout the week, this may be for you! Earn up...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Market Underwriter

    Market Underwriter

    USA JobsSacramento, CA, US
    Full-time
    This job serves as the single-point-of-contact for sales teams and assigned customers, delivering insights and recommendations to sales in order to aid customer acquisition / retention while maintain...Show moreLast updated: 14 hours ago
    • Promoted
    Outside Sales Representative

    Outside Sales Representative

    Platinum Supplemental InsuranceWoodland, MN, US
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 7 days ago
    • Promoted
    Outside Sales Representative

    Outside Sales Representative

    Core & MainWest Sacramento, CA, United States
    Full-time
    Louis, Core & Main is a leader in advancing reliable infrastructure with local service, nationwide.As a specialty distributor with a focus on water, wastewater, storm drainage and fire protection p...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Sr. Manager, Growth Marketing

    Sr. Manager, Growth Marketing

    RFgen Software, A Division of the DataMAX Software Group, Inc.Cameron Park, CA, United States
    Full-time
    Fully Remote • El Dorado Hills (In Office or Remote), CA.Senior Manager, Growth Marketing.This is a high-impact role for a hands-on marketing leader who will drive full-funnel campaign strategy, fr...Show moreLast updated: 18 hours ago
    • Promoted
    Field Sales Consultant – Insurance Solutions

    Field Sales Consultant – Insurance Solutions

    Platinum Supplemental InsuranceWoodland, MN, US
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 7 days ago
    • Promoted
    Insurance Sales Representative – Uncapped Bonus Potential

    Insurance Sales Representative – Uncapped Bonus Potential

    Platinum Supplemental InsuranceWoodland, MN, US
    Full-time
    Ready to jump-start your career and take charge of your earning potential?.At Platinum Supplemental Insurance, we’re looking for motivated individuals ready to learn, grow, and thrive in a fast-pac...Show moreLast updated: 7 days ago