What are the responsibilities and job description for the Regional Multinational Underwriter position at The Hanover Insurance Group?
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, ESG initiatives and IDE journey.
Our Global Solutions Underwriting team is seeking a Regional Multinational Underwriter to join our growing team.
POSITION OVERVIEW:
Reporting directly to the Head of International, this position is primarily responsible for the profitable underwriting, management, growth, and retention of an assigned book of complex business within an assigned territory, the facilitation and coordination of the entire pre- and post-sale account activity with our global network partner(s) in support of our Controlled Master Program business. This role will have accountability to underwrite, price and support our customers with complex foreign exposures. You will have the responsibility to cultivate, build and maintain relationships internally within the business unit, across enterprise business units as well as externally with agents, brokers, and our global network partners to achieve business objectives and goals. This will be accomplished through the development and execution of territory plans and successful collaboration with Hanover domestic business units as well as agent/broker partners to provide a total global solution to Hanover customers, supporting the positioning of Hanover as a full capability provider to our Partner agents. This position will assist with improvements to our current Global capabilities and ongoing development of business procedures for the acquisition and servicing of Controlled Master Program business that differentiates Hanover from competitors.
This is a Full-time, Exempt role.
IN THIS ROLE, YOU WILL:
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:
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.
Our Global Solutions Underwriting team is seeking a Regional Multinational Underwriter to join our growing team.
POSITION OVERVIEW:
Reporting directly to the Head of International, this position is primarily responsible for the profitable underwriting, management, growth, and retention of an assigned book of complex business within an assigned territory, the facilitation and coordination of the entire pre- and post-sale account activity with our global network partner(s) in support of our Controlled Master Program business. This role will have accountability to underwrite, price and support our customers with complex foreign exposures. You will have the responsibility to cultivate, build and maintain relationships internally within the business unit, across enterprise business units as well as externally with agents, brokers, and our global network partners to achieve business objectives and goals. This will be accomplished through the development and execution of territory plans and successful collaboration with Hanover domestic business units as well as agent/broker partners to provide a total global solution to Hanover customers, supporting the positioning of Hanover as a full capability provider to our Partner agents. This position will assist with improvements to our current Global capabilities and ongoing development of business procedures for the acquisition and servicing of Controlled Master Program business that differentiates Hanover from competitors.
This is a Full-time, Exempt role.
IN THIS ROLE, YOU WILL:
- Admitted Business: Territory management, acquisition, implementation, and ongoing servicing of Controlled Master Program business.
- Admitted Business: Responsibility for the delivery of expert multinational account services within assigned territory and assist in minimizing impact on operations, workflow, and other functional area with implementing global program business, manage the placement of locally compliant placements with our global network and execute best practices for implementation.
- Building Relationships: Build and foster strong internal and external relationships within our Global Solutions team, Hanover field underwriting business groups, agents/brokers, and our global network partners.
- Underwriting: Responsible for the underwriting and pricing of Controlled Master Program and GlobalReach business.
- The individual filling this position will work independently, utilizing their acquired skills and industry knowledge to help Hanover develop a strategic positioning of admitted and non-admitted international capabilities.
- The individual will be expected to exercise keen judgment when interacting with internal and external customers as the Hanover’s reputation and institutional knowledge will be on display.
- The individual is expected to make informed and well thought out decisions on best approaches for Hanover to pursue, as well as maintain a strong partnership with the network to enhance the Hanover’s capabilities and reputation.
- The individual must possess great collaboration and communication skills, be self-motivated, highly organized, respected within the insurance community for their exhibited expertise and adept at evaluating alternatives and coming to fact-based conclusions.
- 5 years of active experience in handling international coverage for a major insurance company.
- Ability to understand and establish corporate strategic thinking and programs.
- Ability to interact with Senior Level executives.
- Experience with and understanding of International Insurance requirements.
- Experience in placing admitted insurance and working with foreign insurers.
- Understanding of internal workings of foreign insurance placements – i.e., reinsurance implications, financial/currency implications, workflow/operational impacts, agency/customer implication.
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
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.
