Randstad
Executive Underwriter Inland Marine
Executive Underwriter – Inland Marine
Location: Bloomington, MN (Hybrid)
Employment Type: Full-Time, Exempt
Salary Range: $150,000 – $180,000 / year
Additional Compensation & Benefits: Up to 25% Bonus Potential | 25 Days Paid Time Off (PTO) + Comprehensive Benefits Package
About the RoleRandstad along with our client, The Hanover Insurance Marine team, is seeking a sales-minded, collaborative, and dynamic Executive Underwriter to join our high-performing team in Bloomington, MN.
In this role, you will operate as our most senior underwriter, driving underwriting excellence, portfolio quality, and strategic growth within the territory. You will hold the highest level of underwriting authority, working closely with leadership to execute business strategies, mentor talent, and build strong agent partnerships across the region.
If you are an experienced Inland Marine underwriting professional looking to make a high-impact move to a collaborative environment, we encourage you to apply!
Key ResponsibilitiesUnderwriting & Portfolio Management
Underwrite complex new business, renewals, and endorsement referrals while achieving growth and profitability targets.
Manage and monitor the assigned regional portfolio, analyzing trends, financial performance, and key metrics to optimize profit and yield.
Assure strict compliance with corporate guidelines, regulatory requirements, and underwriting discipline.
Serve as the technical expert, providing guidance on complex accounts and risk selection.
Business Development & Sales Excellence
Cultivate and expand agent relationships across the territory to drive new business growth and enhance partner conversion.
Implement territory business plans, maintain a robust pipeline, and participate in customer-level engagements for major, high-value accounts.
Utilize our core value proposition to expand Hanover's presence across multiple lines of business and specialized customer segments.
Gather market intelligence (pricing, products, competitors) to advocate for product and service enhancements.
Leadership & Talent Development
Mentor and provide oversight to junior underwriting staff, coaching them on portfolio management and advanced sales techniques.
Collaborate with distribution and field leadership to align agency management and territorial strategy.
Support profit-improvement initiatives and strategy development alongside senior leadership.
Qualifications & Skills
Experience: 10+ years of dedicated Inland Marine underwriting experience, demonstrating broad expertise across various commercial classes.
Education: Bachelor’s degree or equivalent professional experience; industry designations (e.g., CPCU, CIC, AU) are highly preferred.
Technical Mastery: High degree of insurance market knowledge, book management expertise, and product development understanding.
Relationship Management: Proven track record in agent negotiation, agency relationship building, and territory growth.
Leadership Skills: Strong ability to mentor peers, collaborate across departments, and influence key stakeholders at all organizational levels.
Communication: Exceptional written, verbal, and presentation skills with strong follow-through.
Travel: Ability to travel regionally by car or plane as needed for business development and agency meetings.
What We Offer
Competitive Base Salary: $150,000 – $180,000 (commensurate with experience).
Performance Bonus: Target bonus potential up to 25%.
Generous PTO: 25 days of Paid Time Off starting in your first year.
Work-Life Balance: Hybrid work arrangement based out of our Bloomington, MN office.
Benefits: Full medical, dental, vision, 401(k) matching, and continuous professional development support.
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status. At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com. Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility). This posting is open for thirty (30) days.