Managing Director, Multinational

Managing Director - UQ06CB

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

The Hartford is seeking a highly skilled Multinational Managing Director, who is responsible for the following:

Responsibilities:

• Maintain and ensure the quality and integrity of Underwriting decisions for Multinational including:risk selection, risk evaluation, pricing policy, program structure and terms & conditions
• Strategy Framework/Roadmap, internal networks and alignment with key specialized brokers
• Establish, review, maintain and refresh underwriting policy including referral and authority standards, delegation and procedures
• Establish, maintain and refresh underwriting appetite in partnership with Product and Actuarial
• Manage CAT exposures and reinsurance treaty participation at direction of CUO and aligned with Corporate philosophy
• Establish and maintain efficient underwriting process in partnership with operations, IT and underwriting
• Maintain and ensure thoughtful process to understand, underwrite, educate and communicate emerging risks impact on underwriting strategy and execution.
• Understand total risk profile of portfolio to include all current and prior risk
• Identify trends in performance to set future strategy and develop recommendations for improvement/corrective actions
• Work closely with field leadership to garner full view and understanding of external marketplace trends, anticipate customer needs and recommend proactive actions for product, appetite and process
• Deploy and manage quality and compliance standards and refine as necessary to maintain integrity of portfolio
• Work closely with learning team to address continuing education needs and educational opportunities
• LLA – assure lessons learned from large losses

Financial Responsibilities:

• Steward the countrywide underwriting health of the portfolio in total and by product

• Responsible for profit and net rate planning and execution
• Manage pricing, including retention and new growth relative to differentiation, loss cost trends and outlook targets
• Assist the Head of Multinational with forecasting and monthly reporting
• Participate in planning process in partnership with Business, Product and Actuary and Industry
• FAC RE and treaty special acceptance decisions and process

Product/Actuary Responsibilities:

• Responsible for establishing and maintaining close partnership with Product and Actuary to inform business and anticipate actions on pricing trends, loss reserve trends, threats and opportunities

• Develop Industry and LOB strategies to advance profitable growth including industry-specific form enhancements
• Responsible for planning process portion that includes product and actuary outlook inputs
• Guide Product and IT teams on any Multinational needs or enhancements

Talent:

• Advance Multinational’s underwriting talent agenda for exceptional underwriting community, collaboration and cross sell skills and routines, mentoring career paths
• SME for advanced learning investments including collaboration with network partners
• Maintain and ensure the technical acumen (coverage, limits, program structure) of underwriting staff in every line of business in scope
• Accountable for Underwriting Authority delegation and execution
• Formalize training process and routines for new hires

Distribution:

• Provide input to underwriting strategies and practices with specific distribution partners as needed
• Develop and nurture BU strategic alliances with distribution partners and clients
• Maintain/develop an external industry presence

Strategic:

• Partner with Head of Multinational in strategic roadmap for future of business
• Work closely with all Underwriting Officers in MLC

Leadership:

• Responsible to lead and accountable for development and coaching of all underwriters in the Business Unit
• Lead U.S. incoming desk for business written on behalf of Network partners
• Accountable for low-end portfolio, with both direct and indirect influence

• Responsible to drive our Multinational roadmap both internally and externally – with goal to differentiate The HIG and risk – to grow our business

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees.

Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$144,000 - $216,000

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age