United States onlyFor 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.
The Hanover’s Life Science Underwriting Department is seeking a results-driven, sales-minded, collaborative, and highly skilled Senior Life Science Underwriter to join their expanding team. At The Hanover, we are dedicated to fostering an inclusive workplace where every voice is heard and valued. We actively recruit top talent from diverse backgrounds and encourage all qualified professionals to apply. We believe that diversity strengthens our organization and cultivates a vibrant, innovative community. In recognition of the evolving nature of work, we offer flexible arrangements. While preference is given to candidates located in the Midwest or Great Lakes Region (IL, IN, MI, MN, OH, WI, IA, MO, NE), we welcome applicants from across the country. This position may be hybrid or fully remote; however, regular business travel within the assigned region or territory is required. Position Overview: We are seeking a Life Sciences Underwriter to join our underwriting team. In this role, you will help drive growth by underwriting new and renewal business for life sciences accounts of varying sizes and complexities. You will also build and maintain strong relationships with agency partners and collaborate closely with internal teams to deliver exceptional service.
The designated job title and level will be determined based on the candidate’s qualifications and professional experience (Underwriter or Underwriting Specialist).
This is a full-time, exempt role.
In This Role, You Will:
- Underwrite new and renewal business for life sciences accounts across multiple lines of coverage including products, professional, and cyber.
- Assess risk and make sound underwriting decisions in accordance with company guidelines.
- Document underwriting decisions in internal systems.
- Communicate coverage options, advantages, and recommendations during the quoting process.
- Identify opportunities for account rounding and cross-selling additional products.
- Work closely with underwriting assistants and other team members to ensure efficient workflow.
- Maintain proactive communication with agents to foster trust and confidence.
- Collaborate with colleagues to address complex issues and support overall agency management.
- Make marketing and business development agency calls both in person and on-line.
What You Need To Apply:
- Minimum of 5 years of underwriting experience in small or middle market Life Sciences.
- Experience with Professional Lines, Cyber, and Products Liability is highly desired.
- Strong knowledge of property and casualty coverages and underwriting principles.
- Ability to evaluate risk and make informed decisions.
- Sales-oriented mindset with the ability to negotiate and close accounts.
- Excellent relationship-building and communication skills.
- High level of responsiveness and commitment to delivering outstanding service.
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
- Tuition reimbursement
• PTO
- Company paid holidays
- Flexible work arrangements
- Cultural Awareness Day in support of IDE
- On-site medical/wellness center (Worcester only)
- Click here for the full list of Benefits
EEO statement:
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.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at:HRServices@hanover.com and include the link of the job posting in which you are interested.
Privacy Policy:
To view our privacy policy and online privacy statement, click here.
Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.
Compensation:
The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.
