P&C Technology Underwriter

$66,640 - $141,720/Yr

The Hartford - Chicago, IL

posted 5 months ago

Full-time - Mid Level
Remote - Chicago, IL
10,001+ employees
Insurance Carriers and Related Activities

About the position

The Hartford is seeking a P&C Technology Underwriter to join our Technology & Life Sciences Center Team in Chicago, IL. This role is pivotal in driving success through collaboration and innovation within a high-performing team. As a Technology Underwriter, you will be responsible for underwriting renewal business, managing new business opportunities, and applying underwriting guidelines effectively. You will also consult with Subject Matter Experts for renewals that exceed your authority level and influence renewal retention and risk-reward outcomes using pricing and underwriting tools. Your role will involve acting as a trusted advisor to agencies, partnering with other underwriters to enhance results, and sourcing opportunities for team members. Excellent service delivery to both internal and external customers is essential, ensuring timely responses to their needs. In this position, you will leverage your knowledge of the Technology industry, particularly in Property & Casualty, including Errors & Omissions. You will be expected to maintain solid relationships with business partners, demonstrate strong analytical thinking, and possess superior technical knowledge. The role offers flexibility with a hybrid or remote work arrangement, depending on your location. The compensation for this position ranges from $66,640 to $141,720 annually, reflecting the varying levels of experience and qualifications of candidates. The Hartford is committed to fostering a diverse and inclusive workplace, ensuring that all employees have the opportunity to achieve their goals and contribute to the company's success.

Responsibilities

  • Underwrites renewal business including account rounding opportunities
  • Manages new business cross-sell and up-sell opportunities across team
  • Seamlessly applies all applicable LOB Underwriting guidelines when making decisions
  • Has good knowledge of applicable laws, regulations and governance
  • Underwrites renewals within individual authority level
  • Consults with Subject Matter Experts on renewals outside of individual authority level
  • Responsible for and influences renewal retention and risk-reward outcomes using pricing and underwriting tools as guidance
  • Acts as a trusted advisor to the agency
  • Partners with other underwriters in an assigned territory to drive better results and build deeper Hartford agency relationships
  • Sources opportunities for other team members
  • Consults with the agents to answer questions regarding coverage, explaining processes, directing the agents to appropriate resources within the Hartford based on their unique needs
  • Works with Operations partners to handle mid-term changes that require underwriting involvement
  • Is responsive to the needs of internal and external customers, delivering excellent service in a timely fashion.

Requirements

  • Bachelor's Degree or equivalent combination of education, training and experience
  • 3+ years of Technology Industry Property and Casualty Carrier underwriting experience is preferred
  • Demonstrated success in developing and maintaining solid relationships with all internal and external business partners
  • Excellent communication, interpersonal and presentation skills
  • An ability to think analytically about business problems, make recommendations and propose solutions
  • High energy self-starter, who is resilient and has an entrepreneurial spirit
  • Demonstration of solid time, organizational, and desk management skills
  • Goal-oriented and delivers outcomes
  • Ability to challenge the status quo and compete to win
  • Superior technical knowledge and sound decision-making and analytical skills.

Benefits

  • Short-term or annual bonuses
  • Long-term incentives
  • On-the-spot recognition
  • Comprehensive health insurance
  • 401k retirement savings plan
  • Flexible work arrangements (Hybrid or Remote)
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