Overview
Location: Hartford, CT | Job type: Full-Time | Work mode: Hybrid | Job level: Professional | Job ID: 12345 | Company: HSB | Employment type: Regular | Area of expertise: Claims & Underwriting
Responsibilities
- Oversee and grow HSB's portfolio offerings for the company's largest and most strategic client relationships, with a focus on driving profitability and growth.
- Act as a catalyst for introducing new products and monitor the performance of existing client accounts.
- Serve as a client thought leader, crafting innovative solutions by leveraging HSB's data, products, and services to strengthen partnerships.
- Collaborate with Product Managers and the Underwriting Lead to apply diagnostic and predictive analytics that illuminate product performance and guide corrective actions, rate adequacy, price segmentation, and loss trend detection; review claims, engineering reports, expenses, exposure data and profile shifts, pure premium trends, and third-party data.
- Develop and deliver externally facing client presentations that communicate financial results, data analyses, rate assessments, and evolving loss trends, establishing the Senior Portfolio Underwriter as the technical authority for clients and the Client Integration Team.
- With binding authority, make underwriting decisions that directly influence the financial results and P&L of the assigned portfolio.
Education and Experience
- Bachelor's degree or equivalent work experience required.
- 7+ years of property and casualty insurance or reinsurance experience required; 5+ years in underwriting preferred.
- Demonstrated understanding of commercial and personal lines insurance and reinsurance coverage, concepts, exposures, and processes to drive profitable results.
- Ability to translate large data analyses into actionable decisions.
- Understanding of rate development (pure premium), price segmentation, and detecting leading loss trends.
- Past experience with responsibility for achieving profit and growth targets for a book of business.
- Demonstrated experience with negotiation and conflict resolution.
- Exhibited ability to develop creative and unique solutions.
- HSB product knowledge and previous familiarity with HSB is desired.
Knowledge and Skills
- Financial statement (business finance) knowledge and analysis.
- General insurance/reinsurance industry knowledge.
- Presentation skills and strong interpersonal, written and verbal communication abilities.
- Portfolio analysis and HSB product knowledge.
- Organizational and time management capabilities.
- Consultative and strategic negotiation skills; strong project management to handle multiple concurrent projects.
- PC skills including Excel, PowerPoint, Power BI, and Word; detail oriented and action oriented.
- Actuarial skills, statistical analysis, innovation, and the ability to persuade to influence change.
- Curiosity and resourcefulness to identify issues, research, and propose underwriting solutions.
Diversity and Inclusion
Hartford Steam Boiler, a Munich Re subsidiary, views diversity and inclusion as a key driver for addressing opportunities and challenges in our markets. We strive to cultivate an inclusive culture and a workforce that reflects the customers and communities we serve, where every colleague feels respected, valued, and empowered to perform at their best each day.
Equal Opportunity Employer
We are an equal opportunity employer. Reasonable accommodations may be provided to assist individuals with disabilities in performing essential functions. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Your Benefits
With us, you gain more than an exciting role. A broad set of employee benefits supports your wellbeing and professional development. Note that regional differences may apply.
