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, leveraging HSB’s comprehensive resources—including data, products, and services—to devise innovative solutions.

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 support targeted strategies for corrective actions, rate adequacy, precise price segmentation, and identifying emerging loss trends. Responsibilities include analyzing claims, engineering reports, expenses, exposure data/profile shifts, pure premium trends, and third-party exposure data.

The role also involves crafting and delivering compelling client presentations to communicate financial results, data analyses, rate assessments, and evolving loss trends, positioning the Senior Portfolio Underwriter as the technical authority for clients and the Client Integration Team. With underwriting binding authority, the Senior Portfolio Underwriter makes independent decisions that directly influence the financial outcomes of their assigned portfolio, impacting 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 to drive profitable results
• Demonstrated ability to translate large data analysis into actionable decisions
• Demonstrated understanding of rate development (pure premium), price segmentation, and detecting leading loss trends
• Past experience with responsibility for achieving profit and growth targets for a book of business
• Demonstrated experience with negotiation and conflict resolution
• Exhibited ability to develop creative and unique solutions
• HSB product knowledge and previous experience with HSB is desired

Skills

• Financial statement (business finance) knowledge and analysis
• General insurance/reinsurance industry knowledge
• Strong presentation skills
• Strong interpersonal, written, and verbal communication skills
• Portfolio analysis
• HSB product knowledge
• Organization and time management skills
• Consultative and strategic negotiation skills
• Strong project management skills to manage multiple concurrent projects and issues
• 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 issues and solve problems
• Resourceful in researching issues, assembling support, and recommending creative solutions to underwriting issues