AVP, Marine Underwriting

About the role

The Hanover has been committed to delivering on its promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives, and inclusive corporate culture. Our Marine Underwriting team is seeking an Assistant Vice President to join our team in the Dallas or Houston, TX locations. This is a full-time, exempt role.

Responsibilities

• Partner with Marine Leadership to develop a Marine strategy that aligns with the overall Business Insurance strategic plan
• Manage the overall Underwriting performance through establishment of underwriting guidelines, underwriting referrals, and underwriting audits
• Partner closely with Marine leaders to understand performance within each class of marine business and influence actions needed to optimize results
• Develop risk selection and pricing tools that streamline the underwriting process and improve profitability
• Provide state-of-the-art product offerings to our marine customers ensuring competitiveness and product innovation, including customized products for our program business
• Provide oversight and governance on all marine coverages
• Provide the leadership, mentoring, and guidance necessary to build and sustain a high-performing workforce in managing the home office team
• Train on products and line of business tools to the field/business units to ensure effective execution
• Prepare regular product overviews to Marine Leadership, Business Insurance, and Corporate leadership on the performance of the lines as well as external industry developments
• Partner with corporate departments of claims, finance, reinsurance, compliance, legal, actuary, product development, operations, underwriting, and marketing to leverage capabilities and ensure marine compliance with corporate initiatives

Requirements

• Bachelor’s degree or equivalent experience
• 10+ years of inland marine underwriting experience
• 3+ years of leadership experience, with a demonstrated track record in managing, coaching, and motivating staff across a highly matrixed organization

Qualifications

• A proven leader with strategic and creative marine product and underwriting skills and deep insight into the insurance industry and competition
• Exceptional communication skills and decisive decision-making skills
• Strategic and insightful in their thinking, with good judgment and an intuitive sense of where to look for risks and opportunities both within the company and in the broader industry
• 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
• A collaborative, team player with strong results orientation and sense of urgency
• Able to travel as needed (by car or plane)

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 IDEOn-site medical/wellness center (Worcester only)
• Click here for the full list of Benefits