Demo

Manager of Middle Market Sales Underwriting

The Hanover Insurance Group
Glastonbury, CT Full Time
POSTED ON 2/5/2025
AVAILABLE BEFORE 4/4/2025
Our Middle Market team is currently seeking a Manager of Middle Market Underwriting in our Connecticut Branch Office.    This is a Hybrid full time exempt role.      POSITION OVERVIEW: Responsible for managing and coaching Underwriters and/or Underwriting Technicians in assigned territory to assure the team meets production, profitability, and service goals with support and guidance from branch management. In partnership with management, develops and implements strategies based on current trends, underwriting results, opportunities and directives. Provides coaching and oversight in day-to-day underwriting operations. Generally operates as an individual contributor with respect to an assigned book of business or agency plant meeting all underwriting responsibilities and functions for that assignment. Consistently demonstrates enterprise values.   IN THIS ROLE, YOU WILL: Managing, coaching and mentoring the territory team of Underwriting Technicians and in some cases Underwriters, driving UW actions towards our business objectives. In partnership with local leadership provides ongoing team leadership including: performance coaching, development, and engagement, talent hiring (including pipeline), selection and progressive performance management if needed. Conducts formal/informal training sessions on coverage enhancements or emerging issues in order to help elevate the level of underwriting expertise in the branch/department. Drives underwriting quality and adherence to corporate standards through the Self Review Process. Drives operational efficiency through execution of best practices, including but not limited to: maximizing productivity and managing service and quality. Technical Underwriting Knows and applies advanced underwriting concepts including risk selection, exposure and hazard identification and control, coverage implications, and loss analysis. Able to break down complex accounts and apply sound underwriting principles. Understands pricing components and rating methodology and correlates pricing to exposure, financial and competitive analysis. Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price.   Participates in referrals and consultations from UTs and UWs within assigned territory.  Assesses technical skills of direct reports (UT, UW’s), delegating underwriting authority based on demonstrated skills, and creates a plan to increase underwriting technical capabilities. Portfolio Management & Financial Acumen: Reviews key metrics and uncovers trends that may lead to new business opportunities with agents while achieving profitable growth in accordance with business strategies. Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory. Understands the relationship between changes in lines of business and industry strategies and financial results (e.g. loss ratio’s, premium, retention, and non-rate and book mix strategies). Keeps current on state/territory issues, regulations and trends. Supports local leadership in development of the MM PDI. • Supports execution of profit improvement initiatives with key agents. Sales Acumen & Customer Advocacy: Operates with a franchise perspective to identify 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. Independently implements territory business plans, monitors performance, adjusts plan to ensure a substantial pipeline for future profitable growth. Builds mutually beneficial business relationships that improve yield and retention ratios. Manage effective pipelining process through coaching for direct reports, including utilization of Agency insights information. Ability to uncover customer needs, position specific solutions, handles objections and close deals. Makes sales presentations to agents and customers: 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. Through stewardship process, engage at the customer level for the most complex and prominent accounts within their territory. Required Skills, Key Success Factors and Experience: Bachelor’s Degree or equivalent experience 7 years Underwriting experience, with a minimum of 5 years of experience underwriting MM accounts. 7 years of experience driving Agency relationships resulting in profitable new and renewal business. Ability to effectively coach and develop talent.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Manager of Middle Market Sales Underwriting?

Sign up to receive alerts about other jobs on the Manager of Middle Market Sales Underwriting career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$101,074 - $145,513
Income Estimation: 
$155,094 - $219,530
Income Estimation: 
$127,593 - $180,574
Income Estimation: 
$173,898 - $215,349
Income Estimation: 
$175,869 - $224,608
Income Estimation: 
$226,328 - $346,983
Income Estimation: 
$181,348 - $253,947
Income Estimation: 
$69,261 - $91,404
Income Estimation: 
$88,031 - $110,533
Income Estimation: 
$94,544 - $118,022
Income Estimation: 
$87,462 - $118,395
Income Estimation: 
$90,329 - $120,891
Income Estimation: 
$90,329 - $120,891
Income Estimation: 
$125,552 - $162,907
Income Estimation: 
$115,496 - $142,565
Income Estimation: 
$96,188 - $130,586
Income Estimation: 
$106,030 - $150,547
Income Estimation: 
$102,768 - $148,010
Income Estimation: 
$125,552 - $162,907
Income Estimation: 
$132,934 - $172,880
Income Estimation: 
$133,026 - $172,136
Income Estimation: 
$127,593 - $180,574
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at The Hanover Insurance Group

The Hanover Insurance Group
Hired Organization Address Bedford, NH Full Time
For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters th...
The Hanover Insurance Group
Hired Organization Address Glastonbury, CT Full Time
Our Middle Market department is seeking a Production Underwriter to join our growing team in our Connecticut territory. ...
The Hanover Insurance Group
Hired Organization Address Worcester, MA Full Time
Our claims department is seeking a Regional Liability Adjuster-Specialty Claims to join our growing team. This person ca...
The Hanover Insurance Group
Hired Organization Address Detroit, MI Full Time
Our Property Claims department is seeking Senior Outside Property Adjusters in the Michigan territories of Detroit, Howe...

Not the job you're looking for? Here are some other Manager of Middle Market Sales Underwriting jobs in the Glastonbury, CT area that may be a better fit.

Middle Market Sr Sales Underwriting Specialist

The Hanover Insurance Group, Glastonbury, CT

AI Assistant is available now!

Feel free to start your new journey!