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The Hartford · 1 month ago

Senior Underwriter Accident & Health

Morristown, NJ

Full-time

Hybrid

Mid, Senior Level

$106K/yr - $159K/yr

3+ years exp

The Hartford is an insurance company dedicated to helping people achieve amazing things by protecting what matters most. The Senior Underwriter for Accident & Health will drive growth, profitability, and retention while providing excellent service, and will collaborate with a team to manage and analyze underwriting risks.

Auto InsuranceCommercial InsuranceEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceProperty Insurance

Responsibilities

Responsible for marketing, analyzing risk and underwriting all products for Accident & Health - Special Risk Participant Accident, Business Travel Accident, including Multi-National, and any future portfolio products

Monitor product forms and rate filings to ensure a competitive offering

Manage top and bottom line Accident & Health products results including achievement of growth and retention targets, expense controls and targeted combined ratios

Reviews all new and renewal business submissions, evaluating account performance and assisting in development of profitable terms

Develops negotiation strategies regarding new and renewal opportunities

Develops and maintains strong working relationships with internal and external business partners

Provides product and underwriting direction, training and guidance to internal & external partners

Identifies and targets new business opportunities and takes on account management responsibilities by building relationships with producers

Responsible for handling assigned renewals in accordance with our underwriting guidelines and achieving targeted renewal retention

Ensures adequate and regular monitoring and analysis of the portfolio performance and implements action plans for profit and/or growth as appropriate

Regularly monitors the A&H insurance markets and our competitive position as well as market trends and identifying areas of opportunity for expansion of existing and introduction of new product offerings

Ensures adherence to underwriting authority, processes, and compliance directives, underwriting file documentation requirements and service level agreements, accordingly per authority statements, compliance guidelines & standard operating procedures

Ensures any/all underwriting audit recommendations are implemented based on the action plan developed

Visits producer for effective management of existing relationships and building new partnerships

Works on various projects assigned by Underwriting management