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Senior Production Underwriter - EB

Senior Production Underwriter - EB

Munich RESchaumburg, IL, United States
23 hours ago
Job type
  • Full-time
Job description
  • All locations Hartford, United States; Schaumburg, United States;
  • HSB, a Munich Re company, is a specialty insurer and risk solutions provider known for its industry-leading equipment breakdown coverage. We combine deep engineering expertise with cutting-edge technology to help clients prevent loss and ensure operational resilience. Our offerings include equipment breakdown insurance and other specialty coverages (cyber, EPLI, service line, home appliances), along with a suite of risk management services powered by 1,200 engineers and inspectors, IoT sensors, AI, and predictive analytics. HSB is redefining insurance by focusing on prevention-not just protection.

    Are you a decisive, detail-oriented professional who thrives on building strong relationships and driving results? Join our team as a Senior Production Underwriter , where you'll collaborate with agents and brokers to provide tailored equipment breakdown coverage for both new and renewal business..

    Open to all HSB / Munich Re Offices + Remote Options

    About the Role

    As a Senior Production Underwriter, you'll manage a diverse portfolio of equipment breakdown accounts across various occupancies. You'll be responsible for evaluating, quoting, and underwriting risks within your binding authority, while also cultivating agency and broker relationships to support growth and retention goals.

    Key Responsibilities

    • Underwrite and manage a portfolio of equipment breakdown business, including renewals and new submissions.
    • Evaluate risks and make sound underwriting decisions in alignment with company guidelines.
    • Partner with Business Development, Engineering, Claims, and other internal teams to deliver exceptional service.
    • Conduct virtual and in-person client visits to strengthen relationships and identify opportunities.
    • Prepare for sales calls by reviewing account history, claims, and renewal activity; document key discussion points.
    • Mentor team members and help resolve communication challenges internally and externally.
    • Drive new business growth and renewal retention; performance measured by premium targets and hit ratios.
    • What We're Looking For

    • Bachelor's degree in Business Administration, Risk Management, Finance, or equivalent experience.
    • Minimum of 5 years of underwriting experience, preferably in Property & Casualty.
    • Background in mechanical or facilities engineering is a plus.
    • Skills & Expertise

    • In-depth knowledge of P&C insurance products and underwriting practices.
    • Strong financial acumen and data-driven decision-making skills.
    • Proficiency with digital tools, platforms, and prioritization modeling.
    • Exceptional communication, negotiation, and relationship-building abilities.
    • At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

      We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

      The Company is open to considering candidates in numerous locations.

      The salary range for this position is $99,000 - $146,000 plus opportunity for company bonus. In addition, the company provides a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off (PTO).

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    Senior Underwriter • Schaumburg, IL, United States

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