Experience:
5+ years of experience
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Employment Type:
Full time
Posted:
6/12/2019
Job Category:
Finance
Excess and Surplus Lines (E& S) Casualty Underwriter
(This job is no longer available)
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Job Description

Our Merit Specialty, a division of The Hanover Insurance Group, is seeking to add an Excess and Surplus Lines (E&S) Casualty Underwriter to its growing Team.

As an E&S Casualty Underwriter, you will be responsible for reviewing new and renewal mono-line commercial general liability, supported excess liability and package submissions including limited to light property exposures to determine acceptability for quoting and binding business within the underwriting authority granted by the Company. This position is a market facing role with frequent interaction, both over the phone and in-person, with appointed wholesale trading partners. This position requires strong communication, negotiation, relationship development and analytical skills to transact business within the fast-paced wholesale E&S environment. We are seeking an experienced E&S professional with a high technical acumen and a strong casualty and basic property underwriting skill set that can strike the proper balance between price and terms within the E&S market. This position works in a team environment and will collaborate to underwrite and service accounts for assigned wholesale trading partners, identify key wholesale firms/brokers, implement sales and marketing activities, and demonstrate a strong customer focus and understanding of Merit Specialty's E&S casualty and property appetite and strategy. The actual job title (Underwriter, Senior Underwriter, etc.) may be flexible and would be dependent on the specific qualifications and experience of an individual candidate. This is a Full-time Exempt role.

Responsibilities:

* Analyze, evaluate, accept, decline, rate, quote and bind new and renewal casualty and package E&S business according to underwriting authority granted by the Company.
* Review mid-term endorsement requests and loss control reports.
* Meet production and marketing goals while maintaining underwriting integrity and overall profitability.
* Obtain approval from the appropriate referral source on submissions falling outside of granted authority.
* Develop and maintain professional relationships with appointed wholesale trading partner firms and brokers to generate a strong flow of quality new business opportunities, as well as manage the overall quality of the book of business handled.
* Exhibit thorough working knowledge of sound underwriting principles, policies, procedures, and controls.
* Keep current on issues affecting the casualty and property lines of business, as well as competitors and the overall marketplace.
* Coach and mentor other team members on the team as needed, as well as support and contribute to the development of more junior underwriters.
* Provide a high level of customer service by timely response to wholesale broker requests and deadlines.
* Create, drive and execute on strategies for new and/or renewal accounts (prospective book management, executing on the territorial and wholesale trading partner plans, etc.).
* Assist in the day-to-day operations as required.
* Ability to sell the Merit Specialty value proposition to wholesale trading partners.
* Further the Merit Specialty brand by attending and representing Merit Specialty at Industry sponsored events and/or conferences.

Requirements:

* A minimum of 3 years, but ideally more than 5 years, of commercial E&S casualty and property insurance experience required.
* Excellent organizational and desk management skills with the ability to work independently and as part of a team.
* Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills.
* Possess strong technical, analytical and quantitative skills.
* Excellent oral and written communication skills.
* Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
* Must be customer focused.
* Proficient in Microsoft Office products to include Word, Excel and Outlook. Strong organization and prioritization skills.
* ASLI, CPCU, ARM or other relevant professional designation preferred, but not required.
* College degree required.
* Some travel will be required.

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. If you require a reasonable accommodation, as a candidate for employment, please inform The Hanover Talent Acquisition office.