Assistant Vice President of Life Sciences

The Hanover Insurance Group • Worcester, MA

112d

About The Position

AVP of Life Sciences will work collaboratively with BU leadership to manage the Life Sciences (LS) portfolio to ensure proper diversity and accumulation of risk; develop and execute a risk appetite and underwriting strategy to manage the underwriting and profitability of the portfolio; develop and manage LS underwriters who can successfully underwrite business and manage a geographic territory; and expand brand awareness and new business gravity through visibility in our agency distribution channels. At the Hanover we also understand that life and the workplace have changed so we are reimagining the workplace and provide flexible work arrangements. This position can be located anywhere within the US and can be 100% remote with business travel as needed.

Requirements

• 7-10 years Life Sciences Property and Casualty (all lines) underwriting experience preferred.
• Strong Product Liability Claims-Made underwriting and coverage knowledge.
• Strong Errors & Omissions, Cyber, Privacy and Media and Content underwriting and coverage knowledge.
• Leadership experience working with both individuals and a team.

Responsibilities

• Deepen agency relationships and expand our underwriting brand in the marketplace.
• Partner with Branch, Regional, and Zonal Leaders on distribution and strategic agency relationships.
• Identify opportunities to expand the practice’s risk appetite and capabilities.
• In conjunction with the CUO, develop, execute and maintain LS underwriting and exposure guides.
• Collaborate with the CUO on product development of new LS policy forms / endorsements and rate rule development as needed.
• New business and renewal collaboration with LS underwriters.
• Qualification review on submissions or on more complex risks.
• Provide sales consult to help underwriters close deals.
• Collaborate with other business units on LS exposures, pricing and policy structure.
• Collaborate on special projects which advance the LS practice or enterprise.
• Leads, directs and has full management accountability for LS team.
• Strengthen LS underwriters’ knowledge on Property and WC underwriting and pricing.

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)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees