Underwriting Director Transactional Risk

Profile

Underwriting Director, Transactional Risk

Duties: Review and respond to insurance submissions based on underwriting guidelines and an analysis of financial statements, marketing materials and other relevant information. Assess the degree of risk by reviewing the acquisition agreement, disclosure schedules, due diligence reports and data room documents. Conduct conference calls with the insured’s deal team members and advisors to identify material risks and assess the motivation of the parties and the thoroughness of the due diligence process. Draft and negotiate transactional risk insurance policies, and work with in-house legal department to maintain current and competitive policy forms. Assist in-house claims department in responding to and resolving claims in an efficient and commercial manner. Prepare clearly written underwriting reports summarizing analysis of risks and rationale for coverage provided. Build relationships with brokers and engage in dialogue to discuss opportunities, pricing expectations and placement details. Maintain and continually improve underwriting and business skills through outside reading of legal and industry publications. Manage account files in accordance with department underwriting guidelines and adhere to standards set for quality and compliance. Achieve operating plan objectives through new business production.

Additional Information

Job requisition ID: R227971

Company info

The Hartford
8400 Normandale
Bloomington
Minnesota
United States
Website : http://www.thehartford.com