Director of Commercial Auto Underwriting
Company: Hanover Insurance Company
Location: Worcester
Posted on: May 20, 2025
Job Description:
Director of Commercial Auto UnderwritingFor more than 170 years,
The Hanover has been committed to delivering on our promises and
being there when it matters the most. We live our values every day,
demonstrating we CARE through our values, Sustainability
initiatives and inclusive corporate culture.Our Corporate
Underwriting department is seeking a Director of Commercial Auto
Underwriting to join our Corporate Underwriting team.Position
Overview/Objective:The Director of Commercial Auto Underwriting
supports underwriting excellence and product development excellence
for commercial auto across the enterprise. The position reports to
VP, Commercial Auto Underwriting, and will be responsible for
driving strategic, financial, and operational management and
development of Commercial Auto line of business in addition to
adherence to underwriting guidelines established by this team.This
is a Full-time, Exempt role.Responsibilities/Essential
Functions:
- Develop and maintain commercial auto underwriting guidelines
that align with business strategies, support profitable
underwriting, and protect the organization. Work with business
partners on communication and training of new and updated
underwriting guidelines.
- Identify underwriting improvement opportunities and create and
deliver targeted training to improve underwriting execution and
profitability of the line of business.
- Support the development, maintenance and enhancement of
underwriting tools and vendor applications.
- Monitor the performance of the commercial auto line and
recommend portfolio management and pricing initiatives.
- Participate in state rate review meetings and influence rate
filings, pricing targets, mix management, and appetite.
- Provide underwriting insights that support superior product
innovation, development, and maintenance.
- Monitor auto loss frequency and severity and review large
losses to identify lessons learned and provide appropriate guidance
to the field.
- Partner with all the business units that write auto to help
support or develop individual initiatives.
- Develop and deliver executive level presentations that
communicate underwriting performance, pricing action, and strategic
initiatives to senior and cross-functional stakeholders.
- Consistently embraces and upholds Hanover's CARE Values and
adheres to Leadership 5 Principles.
- Champion new ideas and initiatives.Required Skills, Knowledge,
& Experience and Competencies:
- Typically has 8 years + years of relevant insurance experience
including extensive commercial auto experience (underwriting,
product management, and actuarial)
- Strong written and verbal communication.
- Strong influencer enterprise-wide across a highly matrixed
organization
- Strong analytic skills with demonstrated history in
execution.
- Ability to build relationships, internally and externally.
- Ability to influence clients, peers, and senior
executives.
- Ability to manage complex insurance relationships.
- Strong problem-solving abilities.CAREER DEVELOPMENT:It's not
just a job, it's a career, and we are here to support you every
step of the way. We want you to be successful and fulfilled.
Through on-the-job experiences, personalized coaching and our
robust learning and development programs, we encourage you - at
every level - to grow and develop.BENEFITS:We offer comprehensive
benefits to help you be healthy, build financial security, and
balance work and home life. At The Hanover, you'll enjoy what you
do and have the support you need to succeed.Benefits include:
- Medical, dental, vision, life, and disability insurance
- 401K with a company match
- PTO
- Cultural Awareness Day in support of IDE
- On-site medical/wellness center (Worcester only)The Hanover
values diversity in the workplace and among our customers. The
company provides equal opportunity for employment and promotion to
all qualified employees and applicants on the basis of experience,
training, education, and ability to do the available work without
regard to race, religion, color, age, sex/gender, sexual
orientation, national origin, gender identity, disability, marital
status, veteran status, genetic information, ancestry or any other
status protected by law.
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Keywords: Hanover Insurance Company, Hamden , Director of Commercial Auto Underwriting, Executive , Worcester, Connecticut
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