Production Underwriter

Munich Re Careers•Atlanta, GA

26d•$84,500 - $124,000•Hybrid

About The Position

HSB, a Munich Re company, is a specialty insurer and risk solutions provider known for its industry-leading equipment breakdown coverage. We combine deep engineering expertise with cutting-edge technology to help clients prevent loss and ensure operational resilience. Our offerings include equipment breakdown insurance and other specialty coverages (cyber, EPLI, service line, home appliances), along with a suite of risk management services powered by 1,200 engineers and inspectors, IoT sensors, AI, and predictive analytics. HSB is redefining insurance by focusing on prevention—not just protection. The Production Underwriter will partner with agents and brokers to provide equipment breakdown coverage for new and renewal business based on customer’s needs. As a Production Underwriter, you are decisive, detail-oriented and know how to build relationships internally and externally to drive results. The Production Underwriter is responsible for underwriting a diverse portfolio of equipment breakdown business across various occupancies. Duties include managing and servicing renewal accounts, quoting new business, and overseeing relationships with agencies and brokers. Evaluates, quotes, accepts or declines risk within established binding authority. This role is held accountable to attract new business opportunities and retain renewals to achieve growth targets and collaborate closely with business development efforts. Possesses market knowledge as well as specific insights into assigned agencies/brokers. Collaborates with Business Development and coordinates with Engineering, Claims, and other customer service functions. Visits with clients and/or customers as needed. Position located in Hartford, CT and open to Remote Options.

Requirements

Bachelor’s degree in Business Administration, Risk Management, Finance, or equivalent work experience.
2-5 years of experience in the insurance industry.
Good communications skills (verbal and written) with the ability to successfully negotiate in difficult situations with agents and brokers.
Strong interpersonal skills
Strong organization skills
Strong analytical skills
Attention to details
Decision-making skills
Winning the business/sales skills
Customer service skills
Knowledge of machinery and EB exposures and coverages
Understands underwriting and marketing concepts

Nice To Haves

Experience in P&C, Mechanical, or Facilities Engineering is a plus.

Responsibilities

Held accountable to renewal retention goals. Renewal premium and hit ratio will be measured.
Reviews renewal accounts 90 to 120 days before the effective date, evaluates surveys, loss prevention reports, and claims activity, and determines whether engineering review or additional information is needed.
Works with customers to gather updated values, discuss key changes, align on pricing expectations, and complete CURe when needed.
Documents the account, prepares and sends quotes through QRIS, follows up around the effective date, and finalizes issuance or closes the file as appropriate.
Held accountable to identify new business opportunities to achieve growth targets. New business premium and hit ratio will be measured.
Reviews new business submissions, determines engineering needs, gathers missing information, prequalifies accounts, documents rationale in QRIS, completes CURe when needed, and prepares quotes for follow-up and issuance.
Participates in all internal training sessions, including those focused on specific occupancies, coverage, value-added services, and other relevant topics.
Goal is to earn higher binding authority and expand underwriting expertise. Attends all internal customer meetings and training calls.
Foster and develop relationships with agencies and brokers through virtual calls and client visits with goal of writing and retaining accounts consistent with our risk appetite.
Prepares for sales call by reviewing new business, renewal activities, and any known issues or claims. Documents key items to discuss and address during visit.