Account Executive Officer/Sr. Underwriter - Management Liability jobs in United States
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Travelers · 5 days ago

Account Executive Officer/Sr. Underwriter - Management Liability

Travelers is a leading property casualty insurer with a commitment to innovation and collaboration. The Account Executive Officer/Sr. Underwriter will evaluate and analyze financial and business risks while building relationships and negotiating with clients, agents, and brokers to provide management and professional liability insurance. This role requires strong decision-making skills and the ability to assess complex risks to drive profitability and success.

Auto InsuranceInsuranceProperty Insurance
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Growth Opportunities

Responsibilities

Manage the profitability, growth, and retention of an assigned book of business primarily comprised of moderately to highly complex accounts
Underwrite and skillfully negotiate complex customer accounts to minimize risk and maximize profitability
Execute business unit underwriting strategies across your book of business to achieve profit and growth objectives
Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to identify cross-selling opportunities
Foster and maintain relationships with external partners by regularly meeting in person with agents and brokers to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite. Must be able to travel to such meetings
Identify and capture new business opportunities using consultative marketing and sales skills
Develop and execute individual agency sales plans that align with region/group sales plans to drive team success
Train and mentor less experienced underwriters
Perform other duties as assigned

Qualification

Underwriting experienceFinancial analysisRisk assessmentProduct knowledgeNegotiation skillsCoachingCommunication skillsMentoringCritical thinking

Required

Bachelor's degree
Five to eight years of applicable underwriting experience
Deep knowledge of products, working knowledge of the regulatory environment, and of local insurance and surety markets
Strong critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze available information to make decisions in alignment with our risk appetite
Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers
Experience coaching and mentoring others
Four years of underwriting, product knowledge, financial analysis, or risk assessment experience

Benefits

Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Company

Travelers

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Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business.

Funding

Current Stage
Public Company
Total Funding
unknown
2002-03-22IPO

Leadership Team

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Dan Frey
Executive Vice President and Chief Financial Officer
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Beth Maerz
SVP, Customer, Strategy and Innovation
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Company data provided by crunchbase