Senior Client Company Underwriter

HSB, a Munich Re company, is a specialty insurer and risk solutions provider known for its industry-leading equipment breakdown coverage. We combine deep engineering expertise with cutting-edge technology to help clients prevent loss and ensure operational resilience. Our offerings include equipment breakdown insurance and other specialty coverages (cyber, EPLI, service line, home appliances), along with a suite of risk management services powered by 1,200 engineers and inspectors, IoT sensors, AI, and predictive analytics. HSB is redefining insurance by focusing on prevention—not just protection.

Are you decisive, detail-oriented, and skilled at building relationships? Join our team as a Senior Client Company Underwriter, where you’ll partner with assigned client company underwriters to provide equipment breakdown coverage for new and renewal business. You’ll manage a diverse portfolio, evaluate and quote risks, and play a key role in maintaining a profitable reinsurance business.

Open to all HSB/Munich Re Offices + Remote Options

Key Responsibilities

We are seeking a decisive, relationship‑driven Senior Client Company Underwriter to support and grow our portfolio of Equipment Breakdown (EB) business. In this role, you will partner closely with assigned client company underwriters to deliver tailored coverage solutions for both new and renewal business.

You will underwrite a diverse book of business, evaluate risks, develop quotes, and manage client relationships to support profitable growth. This position also serves as a mentor within the team and collaborates frequently with Engineering, Claims, the Client Integration Team (CIT), and other internal partners.

• Renewal Management

• Manage a portfolio of renewal accounts and work toward defined retention and profitability goals.
• Review engineering reports, loss prevention insights, claims activity, and other relevant data early in the renewal cycle.
• Engage clients to gather updated values, pricing expectations, and underwriting details.
• Prepare quotes within binding authority and deliver them with supporting materials.
• Document underwriting decisions and process bound business through internal systems.

• New Business Underwriting

• Identify and evaluate new business opportunities aligned with our growth objectives.
• Review submissions, coordinate engineering assessments, gather missing information, and conduct prequalification.
• Lead Collaborative Underwriting Review (CURe) discussions when needed.
• Provide quotes and marketing materials, follow up with clients, and manage accepted accounts through issuance.

• Market Knowledge & Client Expertise

• Participate in training related to occupancies, products, and underwriting best practices.
• Stay current on HSB-rated instructions and ensure accuracy for assigned client companies.
• Expand knowledge to increase underwriting authority and technical expertise.

• Client Engagement

• Build and strengthen relationships through virtual meetings and onsite client visits.
• Prepare for client meetings by reviewing account status, identifying issues, and planning discussion points.
• Support retention and growth by aligning underwriting strategy with joint risk appetite.

• Team Mentorship & Collaboration

• Provide guidance to peers and client companies, sharing underwriting knowledge and offering training support.
• Assist underwriters with sales call preparation and proposal development.
• Foster a positive team culture and communicate performance or development observations to leadership.

Education & Experience

• Bachelor’s degree in Business Administration, Risk Management, Finance, or equivalent experience.
• 5+ years of underwriting experience preferred.
• P&C, Mechanical, or Facilities Engineering experience is a plus.

Skills & Knowledge

• Strong leadership, communication, and interpersonal abilities.
• Excellent analytical, organizational, and decision‑making skills.
• Proven negotiation and sales capabilities.
• Customer‑focused mindset with the ability to navigate complex risk scenarios.
• Knowledge of machinery, EB exposures, and related coverages.
• Ability to mentor others and contribute to a collaborative, positive team environment.

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.  The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.