The Hartford

Y-Risk Sharing & On-Demand Economy, Senior Underwriter

Posted on: 2 Apr 2021

Unionville, CT

Job Description

You are a driven and motivated problem solver ready to pursue meaningful work. You strive to make an impact every day & not only at work, but in your personal life and community too. If that sounds like you, then you've landed in the right place.

Y-Risk partners with brokers to provide robust insurance solutions for our clients. We are an underwriting company of The Hartford and have cover-holder status with Lloyds. We have proudly built a company operating on the leading edge of the insurance industry where we expertly merge the fundamentals of insurance with the fast-paced world of the tech-enabled Sharing & On-Demand Economy. Our team takes a nimble and creative approach to underwriting. We take the time to get to know and understand each clients business and insurance goals, and use their data and exposure profile to put the best possible coverage in place. We can appropriately price risk and make necessary adjustments based on active data analysis. At Y-Risk, we also understand the need for speed. Quick turnaround in underwriting and structuring insurance programs is one of our top priorities. In doing this, we value working closely with our customers and their brokers to communicate the benefits of our products.

We are seeking a Commercial Lines Underwriter who is well versed in Auto, GL, Cyber and Technology E&O. This Underwriter will assist in growing Y-Risk business and will report directly to the CUO.

Responsibilities include:

Underwriting

* Reviews, evaluates, quotes, binds & issues new business and assigned renewals

* Works with support staff to execute all stages of a submission or policy

* Applies any applicable underwriting guidelines

* Properly documents customer file in accordance with regulatory and underwriting standards.

* Researches and prepares any unique coverage forms

* Monitors claim experience on written policies

* Establishes & maintains quality submission pipeline

* Properly responds to any mid-term broker inquiries

* Manages book of business to greater than $5MM in premium within 24 months

* Completes assigned projects per Project Tracker document

Agency Management

* Maintains professional relationship provide excellent account management with assigned brokers

* Determines & executes strategy to increase quality submissions

* Works with brokers to positively influence individual submission/policy outcome

* Retains 90%+ of renewal book

* Travels as appropriate for book management & relationship building, (approximately once per month averaging 3-5 days per visit)

Qualifications:

We are seeking a highly-proficient in P&C Carrier Commercial Underwriter with the following qualifications:

3+ years of P&C carrier commercial lines underwriting experience is required; well versed in commercial auto a plus.

Capable of underwriting highly complex business and will require limited support from senior management and infrequent referral activity to complete quotes.

Thorough knowledge of applicable laws, regulations and governance.

Superior technical knowledge and sound decision-making and analytical skills.

Proven presentation abilities.

Stellar sales and negotiation skills.

Strong relationship building skills.

BS/BA degree or equivalent in experience.

CPCU or other related designation(s) attractive.

Able to travel

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

Underwriter Y-Risk - UL08KE

The Hartford

Hartford, CT

The Hartford Financial Services Group, Inc. provides a range of insurance products. The Company's products include property and casualty insurance, group benefits, and mutual funds. Hartford Financial Services Group operates in the United States.