Associate State Manager, Personal Lines

Hanover Insurance Group, Inc.•Worcester, MA

56d

About The Position

This position assists in the development, implementation, and management of pricing and distribution plans for assigned states which have significant strategic and financial importance to the enterprise. Working directly with the both the State Manager and distribution arm of the organization, the Associate State Manager aggressively collaborates in the development, execution and monitoring of operating plans resulting in P L objectives, including the areas of combined ratio, revenue growth, regulatory management, and legal compliance. This is a Full-time, Exempt role.

Requirements

MBA required plus 2 to 5 years personal lines insurance experience managing a state P L operating plan.
Absent direct personal lines insurance experience, MBA plus 5 to 8 years broad based experience in financial services

Responsibilities

Work closely with Marketing, Operations, Claims, Actuarial, Underwriting, ATS, and Legal to develop and implement state-specific strategies to meet or exceed margin and volume and to respond to market changes.
Assist in monitoring the performance and communication of product information, pricing issues, underwriting philosophies, strategies, and financial results to team members.
Coordinates, facilitates and leads communication across functions and the state management team.
Develop an in-depth knowledge of state markets and key competitors by product line.
Assists in facilitating the integration of competitive intelligence to support business strategies.
Develop a broad base of industry knowledge and current economic and business trends.
Communicates effectively with all levels and audiences. Able to adjust communication approach as needed based on the audience.
Leverage networks and relationships within and outside of functional area to complete work.
Acts as a change agent and effectively focuses the resources during times of transition and change.
May mentor other state analysts.