Vice President State Management, Personal Lines

The Hanover Insurance Group•Worcester, MA

1d•$250,000 - $300,000•Hybrid

About The Position

The Personal Lines department is seeking an experienced and strategic and collaborative Vice President of State Management Underwriting to join our growing team. This position reports directly to the President of Personal Lines with responsibility for leading the entire Personal Lines State Management organization. As part of the Personal Line Leadership team, the VP of State Management helps develop and execute the overall Personal Lines business strategy and financial plan. This position is responsible for returning better than industry performance through the development of product (pricing, underwriting appetite and product structure and enhancements) and distribution strategy across the P/L footprint. Working directly with the distribution arm of the organization, the VP of State Management aggressively collaborates in the development, execution and monitoring of macro-level operating plans resulting in P&L objectives, including the areas of profit, revenue growth, regulatory management, and legal compliance.

Requirements

15+ year’s personal lines insurance experience with demonstrated success in developing and leading a State Management organization.
Demonstrates knowledge of state markets. Maintains knowledge of state markets and key competitors by product line.
Able to trade-off the risks and rewards in a particular situation while also considering the big picture of company-wide impact, industry trends, and strategic implications
Someone with a proven track record of working hand in hand with SBU leaders, rolling up their sleeves (if needed) to get the job done
An aggressively collaborative, team player with strong results orientation and sense of urgency
A skilled team builder who is able to attract, develop and retain the very best talent

Responsibilities

Consults and serves as a thought partner to the Personal Lines leadership team on determining strategic direction, evaluating tactical situations and formulating action plans in response to both
Drives innovation and provides creative solutions using analysis required to support the business decisions
Develops and implements business strategies to support top-and bottom-line results. Owns the financial plan for all states
Cultivates agent relationships to meet business objectives and strategic goals.
Partners closely with the Field Distribution organization to execute on the financial plan balancing desire to write profitable business with creative solutions for our agents
Clearly communicates the direction, goals, and priorities of PL State Management. Leads change effectively by building commitment in a collaborative team environment.
Leads talent; coaches direct reports on an ongoing basis and looks for opportunities to hire, grow and retain high potentials across the organization
Employees are expected to meet the essential functions of their role, including maintaining regular, predictable and reliable attendance and adhering to their assigned work schedules.
Onsite attendance requirements may vary by position and are subject to change based on business needs consistent with applicable law.
Communicate effectively with internal and external stakeholders using appropriate channels, including phone, email, teams, and in person interactions as required.
Ability to maintain sound judgement and attention to detail while managing multiple priorities under pressure in a fast-paced environment.