Talent.com
Middle Market Sr Sales Underwriting Specialist
Middle Market Sr Sales Underwriting SpecialistThe Hanover Insurance Group • Phoenix, AZ, United States
Middle Market Sr Sales Underwriting Specialist

Middle Market Sr Sales Underwriting Specialist

The Hanover Insurance Group • Phoenix, AZ, United States
19 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 Arizona 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 • Phoenix, AZ, United States

    Related jobs
    Underwriting Manager, Renewal

    Underwriting Manager, Renewal

    Berkley • Scottsdale, AZ, United States
    Full-time
    Berkley Aspire is passionate about making excess and surplus lines business easy to transact.We differentiate ourselves by continually innovating to bring market-leading technology and services to ...Show more
    Last updated: 10 days ago • Promoted
    Senior TPO Mortgage Underwriter

    Senior TPO Mortgage Underwriter

    VIP Mortgage Inc • Scottsdale, AZ, United States
    Full-time
    Competitive bonus structure available.If you're analytical, detail-oriented, and thrive on ensuring smooth, compliant loan closings, we'd love to meet you. This is a high-energy, collaborative role ...Show more
    Last updated: 26 days ago • Promoted
    Military Sales Training Program Underwriter / Broker

    Military Sales Training Program Underwriter / Broker

    SeaCoast Underwriters, Inc. is now Risk Placement Services • Scottsdale, AZ, United States
    Full-time
    Military Sales Training Program Underwriter / Broker.Introduction : At Risk Placement Services, we\'re a collaborative team that values creativity and tackling challenges head-on.We design robust cove...Show more
    Last updated: 12 days ago • Promoted
    Market Facing Underwriting Trainee

    Market Facing Underwriting Trainee

    Zurich Insurance Company • Phoenix, AZ, US
    Full-time
    Market Facing Underwriting Trainee.If you enjoy building relationships and possess an analytical mindset, Zurich's Underwriting Training Program offers the opportunity to leverage both skill sets i...Show more
    Last updated: 23 days ago • Promoted
    Senior TPO Mortgage Underwriter

    Senior TPO Mortgage Underwriter

    V.I.P. Mortgage Inc. • Scottsdale, AZ, USA
    Full-time
    Quick Apply
    Competitive bonus structure available.If you're analytical, detail-oriented, and thrive on ensuring smooth, compliant loan closings, we'd love to meet you. This is a high-energy, collaborative role ...Show more
    Last updated: 30+ days ago
    Large Acct Underwriting Specialist - Hybrid

    Large Acct Underwriting Specialist - Hybrid

    Selective Insurance • Scottsdale, AZ, United States
    Full-time
    At Selective, we don't just insure uniquely, we employ uniqueness.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards a...Show more
    Last updated: 24 days ago • Promoted
    Sr. Underwriter

    Sr. Underwriter

    Core Specialty • Scottsdale, AZ, United States
    Full-time
    The Specialty Products Senior Underwriter will work independently with minimal supervision to support and manage the profitability and premium growth of assigned the assigned specialty products as ...Show more
    Last updated: 15 days ago • Promoted
    Large Acct Underwriting Specialist - Hybrid

    Large Acct Underwriting Specialist - Hybrid

    Selective Insurance Company of America • Scottsdale, AZ, United States
    Full-time
    At Selective, we don't just insure uniquely, we employ uniqueness.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards a...Show more
    Last updated: 19 days ago • Promoted
    Sr. Underwriter, Cyber / Tech / E&O

    Sr. Underwriter, Cyber / Tech / E&O

    Markel • Scottsdale, AZ, US
    Full-time
    What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it.The work we do at Markel gives people the confidence to move forward and seize opp...Show more
    Last updated: 30+ days ago • Promoted
    Contract Binding Underwriter

    Contract Binding Underwriter

    South Bay Search • Phoenix, AZ, United States
    Full-time
    MGA seeking a dynamic Commercial P&C Underwriter to join a technology advanced and growing carrier.This is an insuretech environment with some automated underwriting processes.The Underwriter is pr...Show more
    Last updated: 19 days ago • Promoted
    Life & Annuity Sales Leader – Own Your Success

    Life & Annuity Sales Leader – Own Your Success

    Griffin Agency • Campo Bello, AZ, US
    Full-time +2
    Quick Apply
    We are an insurance technology and distribution platform that is transforming the industry.We have developed a paperless, data driven underwriting process that allows us to issue policies in less t...Show more
    Last updated: 25 days ago
    Sales Manager in Training Role - Remote

    Sales Manager in Training Role - Remote

    Global Elite • Maricopa, Arizona, United States, 85138
    Remote
    Full-time
    Sales Manager in Training Role - Remote.Exciting Opportunity for Experienced Professionals : Sales Manager Role - Remote and Flexible!. Are you a seasoned professional with a wealth of experience in ...Show more
    Last updated: 2 hours ago • New!
    Inbound Sales Representative - Unlimited Commission

    Inbound Sales Representative - Unlimited Commission

    EchoStar • MARICOPA, Arizona, United States
    Full-time
    Are you highly competitive, motivated by results, and looking for a role where your earning potential has no limits? Our award-winning Inside Sales & Retention teams excel at driving customer decis...Show more
    Last updated: 7 days ago • Promoted
    Senior Underwriter, SLM Specialist, West Coast

    Senior Underwriter, SLM Specialist, West Coast

    Chubb • Phoenix, AZ, United States
    Full-time
    The Digital Cyber Team is looking for a Senior Underwriter, SLM Specialist.This will be a high impact position that supports Digital growth efforts via Panel Relationships, Batch, and API channels....Show more
    Last updated: 18 days ago • Promoted
    E&S Brokerage Renewal Underwriting Specialist (AZ / PA)

    E&S Brokerage Renewal Underwriting Specialist (AZ / PA)

    Genesis Resources • Scottsdale, AZ, United States
    Full-time
    Our client, a leading specialty insurance provider with a collaborative and growth-oriented culture, is seeking an experienced E&S Brokerage Renewal Underwriting Specialist to join their dynamic Br...Show more
    Last updated: 19 days ago • Promoted
    Underwriter II

    Underwriter II

    Western Alliance Bank • Phoenix, AZ, United States
    Full-time
    As a Mortgage Underwriter II you'll be accountable for underwriting Agency Conventional loans by reviewing the credit, capacity and collateral characteristics of loan files to ensure it meets compa...Show more
    Last updated: 14 days ago • Promoted
    Mortgage Underwriter

    Mortgage Underwriter

    Rhode Island Staffing • Phoenix, AZ, US
    Full-time
    Mortgage Fulfillment Underwriter.SolomonEdwards, LLC ("SolomonEdwards") is a full-service professional services firm offering financial, operational, and technology consulting and operations suppor...Show more
    Last updated: 30+ days ago • Promoted
    Licensed Insurance Sales Representative - P&C - (Uncapped Bonus)

    Licensed Insurance Sales Representative - P&C - (Uncapped Bonus)

    CONNECT, powered by American Family Insurance • Paradise Valley, AZ, United States
    Full-time
    This position is responsible for quoting and selling insurance policy premiums to incoming sales prospects from advertising ad purchased leads while providing excellent customer service to new and ...Show more
    Last updated: 30+ days ago • Promoted