Note: The job is a remote job and is open to candidates in USA. The Hanover Insurance Group has been committed to delivering on promises for over 170 years. They are seeking a Renewal Underwriter to manage and grow a portfolio of Allied Healthcare business, responsible for underwriting, retaining, and expanding existing accounts while driving profitable growth.
Responsibilities
- Evaluate and qualify risks by identifying exposures, hazards, and appropriate controls
- Apply underwriting guidelines, tools, and strategies to ensure disciplined decision-making
- Assess pricing adequacy by understanding rating methodologies and correlating pricing to exposure
- Ask targeted questions to fully understand risks, even with limited initial information
- Document underwriting decisions clearly and thoroughly
- Provide precise rating instructions to support accurate quote development
- Manage a renewal book to achieve goals related to profitability, retention, rate, and product mix
- Leverage pipeline management and marketing practices to drive consistent results
- Utilize financial metrics and portfolio insights to inform underwriting decisions
- Understand and respond to market trends, competitive pressures, and regional dynamics
- Identify opportunities to rebalance the portfolio and drive growth across business segments
- Partner internally to optimize outcomes and expand coverage offerings
- Proactively manage agency relationships to drive retention and uncover growth opportunities
- Negotiate and position accounts to improve hold ratio and overall portfolio performance
- Profile agency partners and align underwriting strategies with business goals
- Stay informed on regulatory, market, and competitive dynamics
- Maintain a franchise mindset, identifying cross-sell opportunities across lines of business
- Deliver presentations and collaborate with Claims, Risk Management, and Specialty teams to enhance the value proposition
- Utilize sales tools, systems, and best practices to drive disciplined execution
Skills
- Bachelor's Degree or equivalent experience
- 3-7+ years of Allied Healthcare underwriting experience
- 3+ years of experience driving agency relationships resulting in profitable new and renewal business
- Strong analytical, decision-making, and problem-solving skills
- Ability to adapt quickly, think critically, and embrace new approaches
- Excellent prioritization and desk management skills, with a focus on execution and accountability
Benefits
- 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)
Company Overview