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Travelers · 1 month ago

Account Executive Officer/Sr. Underwriter - Commercial Surety

Richardson, TX

Full-time

Hybrid

Mid, Senior Level

$109K/yr - $180K/yr

4+ years exp

Travelers is a leading property casualty insurer with a commitment to customer care and community engagement. The Account Executive Officer will manage and underwrite a complex book of business, build relationships with agents and brokers, and drive profitability through effective risk assessment and negotiation.

Auto InsuranceInsuranceProperty Insurance

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.