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, ESG initiatives and IDE journey.

Merit Specialty, a division of The Hanover Insurance Group, is seeking to add an Excess and Surplus Lines (E&S) Property, Underwriting Specialist to its dynamic team.

The Hanover is reimagining the workplace and provides flexible work arrangements to meet your work & life demands. This role may hybrid or fully remote work arrangement (excluding, CA, CO, NY, and WA) with occasional business travel as needed.
The Hanover provides a diverse and inclusive work environment and encourages all qualified professionals to apply.

The actual job title and level may be flexible dependent on candidate qualifications and experience.

Come Discover The Hanover Difference!

POSITION OVERVIEW:
As an E&S Underwriting Specialist, you will be responsible for reviewing new and renewal commercial E&S property submissions 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 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 property appetite and strategy. The actual job title (Specialty Underwriter, Senior Underwriting Specialist, etc.) and role may be flexible and would be dependent on the specific qualifications and experience of an individual candidate.

This is a Full-time, Exempt role.

IN THIS ROLE YOU WILL:
Analyze, evaluate, accept, decline, rate, quote and bind new and renewal property 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 property line of business, as well as competitors and the overall marketplace.
• Provide a high level of customer service via timely responses to wholesale broker requests.
• 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.

WHAT YOU NEED TO APPLY:

• A minimum of 3 years or more commercial E&S property insurance experience desired.
• 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.

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.

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