Regional Multinational Underwriter (Remote)

The Hanover Insurance Group
Alabama, CT Remote Full Time
POSTED ON 3/27/2023 CLOSED ON 4/2/2023

What are the responsibilities and job description for the Regional Multinational Underwriter (Remote) position at The Hanover Insurance Group?

Our Global Solutions Underwriting team is seeking a Regional Multinational Underwriter to join our growing team.  This role may be based near any Hanover office or fully remote with business travel as needed (excluding, CA, CO, NY, and WA).    The Hanover provides a diverse and inclusive work environment and encourages all qualified professionals to apply.  Additionally, The Hanover recognizes that we live in a fast paced and demanding world and as such we are reimagining the workplace and provide flexible work arrangements and remote opportunities.   The actual job title and level may be flexible dependent on candidate qualifications and experience.    We encourage all qualified International Underwriters to apply.   Come Discover The Hanover Difference!   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 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. 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 Global Reach 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. WHAT YOU NEED TO APPLY: 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 and regulations. Experience in placing local admitted insurance coverages 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 implications.

Salary : $0

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