Principal Account Specialist
Use your experience in the power generation industry or heavy manufacturing to become an integral member of HSB’s heavy industry engineering team … all while primarily working from home! If you have experience as a reliability engineer, plant engineer, maintenance manager, field engineer, or project manager, this could be the next career step for you.
If you become a Principal Account Engineer with HSB, you will visit facilities from paper mills to power plants, consult with site leadership, and analyze the facility’s equipment, maintenance, training, and contingency planning. While on site, you will identify possible machinery breakdown or fire concerns, and work consultatively with customers to reduce their risk potential. You will also consult with HSB underwriters on machinery insurance coverage offerings, update guidelines, and teach internal audiences about the process flow, machinery, and potential equipment failures.
As a new team member, you will focus on the industries you are familiar with. As you develop further in this role, you will evaluate businesses in other heavy industries. The team works in many industries, including steel, aluminum, mining, pulp & paper, heavy manufacturing, glass, chemical, traditional power generation, solar, battery energy storage, and renewable natural gas. Team members work cooperatively to support HSB’s heavy industry insurance programs.
At HSB, our engineering teams support the insurance and advancement of equipment and technology. We evaluate and insure some of the world’s largest industrial, power, and manufacturing sites. Apply to join our growing team!
Internal Job Title: Principal Risk Specialist
Key Responsibilities
- Write evaluations of insured accounts and potential new customers for HSB or Munich Re underwriters, by evaluating available information on multiple sites which make up the account. Apply advanced technical knowledge of equipment design, condition, operations, maintenance, and human element risk control programs to complete the evaluation.
- Determine how to improve or manage insured accounts’ risk potentials through account engineering, loss control initiatives, and consultative risk control engineering services. This includes selecting insured locations to visit.
- Turn your knowledge in to guidance for others: oversee the development, implementation, and maintenance of engineering standards and guidelines for heavy industry occupancies.
- Provide training and leadership to other loss control engineers and underwriters.
- Conduct site risk evaluations of facilities. Assess the facility’s process flow, machinery, and operations & maintenance practices. Identify risk factors. Use a consultative approach with the insured to reduce the potential for an insurance claim. Write a report about the location, to provide HSB or Munich Re underwriters with a clear understanding of the site.
Education and Experience
- Bachelor’s degree in engineering or related discipline is preferred
- 15+ years of experience in operations, maintenance, capital projects, inspection, or insurance engineering of process equipment associated with high value industries such as steel, aluminum, mining, pulp & paper, heavy manufacturing, glass, chemical, traditional power generation, solar, battery energy storage, and renewable natural gas.
- 5+ years experience leading/managing personnel and/or major equipment repair/installation projects as part of the experience noted above is preferred
Knowledge and Skills
- Comprehensive understanding of the machinery, operations, repair timelines, and process flow for multiple high risk occupancies
- Excellent interpersonal skills
- Excellent written and verbal communication
- Self-starter; able to work with limited supervision and manage competing priorities.
- Understanding of insurance industry and underwriting terms
- Strong presentation and training skills
- Ability to travel, including ~30 overnight stays per year
Benefits include:
A competitive salary & benefits, paid time off, 5% 401(k) match, plus an additional +2% to +5% Retirement Savings Plan contribution to your 401(k) after the first year.
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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.
Your Benefits
With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.
Competitive Salary
We provide fair and competitive compensation that reflects your performance and commitment.
Company performance-based Incentives
In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.
Recognition and Special Rewards
We recognise outstanding individual contributions through a variety of targeted rewards and incentives.
Retirement Planning
We support your long-term financial wellbeing with retirement solutions aligned with local regulations.
Inclusive Workplace Culture
We foster a respectful, inclusive, and values-driven environment.
Learning & Development
We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.
Work-Life-Balance
Supporting your ability to balance family, leisure, and your career.
Health & Wellbeing
We support your physical and mental health through a range of programs and activities in each location.
See the area you’ll be working in
Get an idea of what your daily routine around the office can be like.
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