Chief Underwriter- National Accounts Group Benefits

$88,080 - $144,120/Yr

The Hartford - Danbury, CT

Full-time - Mid Level

Danbury, CT

10,001+ employees

Insurance Carriers and Related Activities

About the position

The Chief Underwriter for National Accounts Group Benefits at The Hartford is a pivotal role that encompasses the overall management of Group Life and Disability underwriting for National Accounts, specifically for groups of 5,000 or more lives. This position is not just about managing policies; it involves a comprehensive approach to underwriting that includes pre and post-sale underwriting, profit management, renewal processing, and policy issuance and changes for the assigned business segment. The Chief Underwriter will demonstrate a solid and consistent technical proficiency in underwriting guidelines and the underlying risk management philosophy, ensuring that the company provides the right amount of coverage to meet the unique needs of its customers. In this role, the Chief Underwriter will establish and maintain strong relationships with both internal and external business partners, actively driving and participating in various project work and special assignments. Collaboration is key, as the Chief Underwriter will partner with the field to meet service goals, quote new business opportunities for core products, and underwrite renewals. The position requires an advanced understanding of pricing elements, including risk factors, retention, and reinsurance, and involves direct interaction with sales representatives and brokers to negotiate prices and benefits. Mentorship is also a significant aspect of this role, as the Chief Underwriter will guide Regional Account underwriters and other staff members. The position calls for leveraging additional resources around key cases to enhance risk management, stimulate innovative thinking, and provide creative solutions. Understanding individual marketplace dynamics and general market trends is essential to maximize success in this competitive environment. The Chief Underwriter will be expected to embody a customer-first mindset, demonstrating a passion for data analysis and critical thinking, while also fostering a collaborative team spirit.

Responsibilities

• Manage Group Life & Disability underwriting for National Accounts (5,000 or more lives).
• Oversee pre and post-sale underwriting, profit management, renewal processing, and policy issuance.
• Demonstrate technical proficiency in underwriting guidelines and risk management philosophy.
• Establish relationships with internal and external business partners.
• Drive and participate in project work and special assignments.
• Partner with the field to meet service goals.
• Quote new business opportunities and underwrite renewals.
• Negotiate prices and benefits with sales representatives and brokers.
• Mentor Regional Account underwriters and other staff members.
• Leverage resources around key cases for better risk management and innovative solutions.

Requirements

• Bachelor's Degree strongly preferred or equivalent combination of education, training, and experience.
• 5 years of Group Benefits underwriting experience.
• Demonstrated success in developing and maintaining relationships with business partners.
• Excellent communication, interpersonal, and presentation skills.
• Ability to think analytically about business problems and propose solutions.
• High energy self-starter with an entrepreneurial spirit.
• Solid time, organizational, and desk management skills.
• Goal-oriented with a focus on delivering outcomes.
• Ability to challenge the status quo and compete to win.
• Superior technical knowledge and sound decision-making skills.

Nice-to-haves

• Experience in a remote work environment.
• Familiarity with the insurance industry and underwriting processes.
• Proven track record of successful project management.

Benefits

• Competitive salary range of $88,080 - $144,120.
• Short-term and annual bonuses.
• Long-term incentives and on-the-spot recognition.
• Comprehensive health insurance coverage.
• Flexible work arrangements with remote options.
• Opportunities for professional development and career growth.