Senior Portfolio Underwriter - Remote Location or Hartford CT Office

About the role

The Senior Portfolio Underwriter at HSB is responsible for managing, monitoring, expanding, and optimizing portfolio products for the company’s largest and most critical client relationships. This role is central to achieving profit and growth objectives and serves as a cornerstone of HSB's strategic initiative to foster business growth. The Senior Portfolio Underwriter acts as a catalyst in introducing new products and managing the performance of existing client companies while devising innovative solutions using HSB’s comprehensive resources, including data, products, and services.

In collaboration with Product Managers and the Underwriting Lead, the Senior Portfolio Underwriter uses creative data analysis methods—such as diagnostic and predictive analytics—to optimize product performance. These techniques are essential for developing targeted strategies for corrective actions, ensuring rate adequacy, precise price segmentation, and identifying emerging loss trends. Responsibilities include a thorough examination of claims, engineering reports, expenses, exposure data/profile shifts, pure premium trends, and third-party exposure data.

The Senior Portfolio Underwriter also crafts and delivers compelling client presentations to communicate financial results, data analyses, rate assessments, and evolving loss trends, positioning themselves as the technical authority for clients and the Client Integration Team. With underwriting binding authority, this role independently makes crucial underwriting decisions that directly influence the financial outcomes of their assigned portfolio, impacting the company’s P&L.

Responsibilities

• Manage, monitor, expand, and optimize portfolio products for critical client relationships.
• Act as a thought leader by devising innovative solutions using HSB’s data, products, and services.
• Collaborate with Product Managers and the Underwriting Lead to analyze product performance using diagnostic and predictive analytics.
• Develop targeted strategies for corrective actions, rate adequacy, price segmentation, and identifying loss trends.
• Examine claims, engineering reports, expenses, exposure data, pure premium trends, and third-party data.
• Create and deliver client presentations on financial results, data analyses, rate assessments, and loss trends.
• Make independent underwriting decisions with binding authority that impact the company’s P&L.

Requirements

• Bachelor’s degree or equivalent work experience.
• 7+ years of P&C insurance/reinsurance experience.
• 5+ years in Underwriting preferred.
• Demonstrated understanding of commercial and personal lines insurance and reinsurance coverage, concepts, principles, exposures, and processes.
• Proven ability to translate large data analysis into actionable decisions.
• Experience with rate development (pure premium), price segmentation, and detecting leading loss trends.
• Responsibility for achieving profit and growth targets for a book of business.
• Demonstrated experience in negotiation and conflict resolution.
• Ability to develop creative and unique solutions.
• HSB product knowledge and familiarity is desired.

Skills

• Financial statement (business finance) knowledge and analysis.
• General insurance/reinsurance industry knowledge.
• Strong presentation, interpersonal, written, and verbal communication skills.
• Portfolio analysis and HSB product knowledge.
• Organization and time management skills.
• Consultative and strategic negotiation skills.
• Strong project management skills to handle multiple concurrent projects.
• Proficiency in PC skills (Excel, PowerPoint, Power BI, and Word).
• Detail-oriented with strong analytical, actuarial, and statistical analysis skills.
• Action-oriented with innovation and persuasion skills to influence change.
• Naturally curious and inquisitive to identify and solve problems.
• Resourceful in researching issues, assembling support, and recommending creative solutions.