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.
The Hanover Insurance Group is looking for a sales-minded and collaborative Allied Healthcare – Specialty Underwriting Specialist to develop agent relationships and grow our Allied book in the Midwest. This role may be hybrid or remote and based anywhere in the United States, with ability for regular business travel to key specialty locations as needed. Location of position is flexible. Our teams have presence across the country.
The Hanover is a diverse and inclusive organization focused on hiring the best talent and we encourage all qualified professionals to apply. We believe that an inclusive, diverse, and equitable workplace make us a better organization and creates a stronger community. At the Hanover we also understand that life and the workplace have changed so we are reimagining the workplace and provide flexible work arrangements.
POSITION OVERVIEW :
The Specialty Underwriting Specialistwill be Responsible for identifying, soliciting, underwriting and selling new and renewal Specialty accounts that drive profitable growth and align with Industry Segments and LOB mix goals. Apply technical, sales and analytical skills to provide insurance solutions that help Hanover’s customers manage risk. Demonstrates a thorough understanding of Hanover’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions. Operates with limited daily supervision, seeks technical direction for matters outside one’s authority and general expertise. Operates within a standard letter of authority for all underwriting decisions while managing a book of business, generally with moderate to high technical complexity and coordination.
The Specialty Underwriting Specialist is expected to maintain a thorough understanding and knowledge of Allied Healthcare admitted and non-admitted products and to sell and underwrite the unique features of these products. They will work closely with Healthcare leadership and respective field colleagues to execute business plans.
This is a full time, exempt role.
IN THIS ROLE YOU WILL:
- Underwrite Allied Healthcare new business, leading with GLPL coverage, but may include package, property, and auto policies.
- Proactively engage with agents on new business, prospecting, and pipelining.
- Work collaboratively with healthcare team, sharing competitor benchmarking, customer feedback, risk appetite, and other underwriting opportunities.
- Participate actively in team meetings to discuss risk quality, flow of business, renewal strategies, and agency management.
- Stay current with Allied Healthcare underwriting strategies related to appetite and pricing.
- Recognize cross-sell opportunities beyond Allied Healthcare capabilities and ensure account is handled appropriately across all coverage lines.
- Utilize market and competitor information to enhance relationships and individual account decision making
- Operate within scope of Letter of Authority for all underwriting decisions.
- Maintain organized file documentation according to best practices guidelines.
- Provide clear and concise communication internally and externally.
WHAT YOU NEED TO APPLY:
- Bachelor’s Degree or equivalent experience
- Generally, 3-7+ years Specialty or standard commercial lines experience.
- 3-4+ years’ experience driving agency relationships resulting in profitable new and renewal business as well as complex accounts.
- Demonstrates ability to adapt quickly to change, identify, analyze, and solve problems and willingness to being open to new and different ways of thinking.
- Communication - ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment. Demonstrating ability to consult with internal and external parties on underwriting matters.
- Judgment and Decision Making - Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority. Demonstrates confidence in own abilities and is comfortable taking informed risk.
- Agile and Adaptive - Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence, and manage and prioritize multiple concurrent projects.
- Team Work and Collaboration - Openly encourages other team members to share ideas and voice concerns. Shows respect for differences and diversity in ideas and views. Involves other team members to achieve optimal performance.
- Prioritization and Desk Management - Understands and seeks ways to improve the quality and results of one’s work. Monitors progress against agreed upon timeline and deliverables. Raises awareness if achievement of committed work may be compromised and actively engages in mitigating the situation.
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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