The Hartford-posted 4 months ago
$123,200 - $184,800/Yr
Full-time • Senior
Hybrid • Hunt Valley, MD
5,001-10,000 employees
Insurance Carriers and Related Activities

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future. This position is responsible for the successful program management of assigned Captive programs. The Executive Underwriter will develop and maintain effective relationships with internal and external partners to foster positive program results. You will have responsibility for underwriting workers compensation, general liability and commercial auto for Captive programs. The Executive Underwriter's major purpose is to profitably grow their assigned Captive Programs and achieve underwriting excellence. The Executive Underwriter does not have any direct reports but is the client manager and is responsible for influencing internal and external partners to achieve positive program results. Authority levels will vary, and Gross Written Premium will average in the $45M - $50M range.

  • Rigorously analyzes underwriting information in assessing risk for each account.
  • Is creative in the use of underwriting tools and techniques to write profitable business while maintaining disciplined adherence to underwriting standards.
  • Is able to communicate rationale for underwriting decisions.
  • Exhibits a commitment to finding ways to write business without sacrificing quality.
  • Participation in all aspects of program management such as actuarial pricing, claim or TPA oversight, reinsurance accounting and collateral management.
  • Possesses a deep understanding of the business.
  • Demonstrated responsiveness and dedication to customers and follow through on service commitments.
  • Manage program to achieve underwriting excellence, pricing adequacy and targeted ROE's.
  • Exhibits a commitment to finding ways to write profitable new business.
  • Works with Business Development Manager to achieve growth objectives.
  • Takes ownership and accountability for growth of assigned Captive Programs.
  • Leverages relationships to drive new business and renewal retention opportunities.
  • Demonstrates excellent working relationships with all internal business associates leading to a high level of customer satisfaction.
  • Builds strong relationships with Captive customers and Captive Managers.
  • Closely manages results and implements specific actions to address shortfalls.
  • BS/BA degree, advanced degree preferred and /or relevant industry designation (i.e. CPCU, ARM, etc.)
  • 5 + years underwriting commercial casualty lines underwriting experience
  • Experience with Captive insurance programs is desirable
  • Experience underwriting construction accounts is preferred
  • Strong loss responsive or captive program and pricing knowledge
  • Strong coverage knowledge
  • Superior relationship building skills including influencing and negotiation skills
  • Robust problem solving and critical thinking skills
  • Outstanding at providing Customer Service
  • Ability to travel approximately 10%
  • Short-term or annual bonuses
  • Long-term incentives
  • On-the-spot recognition
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