Travelers · 1 month ago
Development Underwriter - Technology & Med Tech
WML - Birmingham
Full-time
Hybrid
Entry, Mid LevelTravelers is a well-established property casualty insurer with a strong commitment to customer service and community support. They are seeking a Development Underwriter to manage submissions and quotes for new business in the Technology & Med Tech sector, focusing on relationship building and risk assessment to drive profitability and market leadership.
Auto InsuranceInsuranceProperty Insurance
Responsibilities
Manage the profitability, growth, and retention of an assigned book of business comprised of routine to moderately complex accounts across most of our products
Underwrite and skillfully negotiate moderate risks to minimise risk and maximise profitability, including Mid Term Adjustments (MTAs)
Proactively manage your portfolio, ensuring key performance indicators are consistently achieved and you actively target new business and retention
Identify and take corrective action in collaboration with your Manager / Team on individual risk characteristics identified through Portfolio Management
Identify and capture opportunities to write additional lines of business using knowledge of products, risk characteristics and appetite
Proactively utilise various technology platforms to quote and bind risk efficiently
Provide input and support the presentation of Underwriting Reviews for individual policies or portfolios and manage action points
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 brokers by phone, email or other communication channels 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 meetings
Develop and execute pipeline plans and support the renewal team in the retention of business that aligns with the team’s sales plans to drive success working in partnership with the sales team
Train and mentor less experienced underwriters
Support and collaboration for more junior members of the team, including referrals
Perform other duties as assigned
Qualification
Required
A Levels or similar qualification
Good knowledge of products, the regulatory environment, and the local insurance market
Good critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyse available information to make decisions in alignment with our risk appetite
Communication skills with the ability to successfully negotiate with brokers
Ability to work with people from different backgrounds, experiences, cultures, races, etc. and views those differences as assets to be leveraged to accomplish business goals and objectives
Review competitor press releases and industry trade press for helpful insights, linking key themes together
Participate in projects that involves analysis and the implementation of non-complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products
Good experience of underwriting, product knowledge, financial analysis, or risk assessment experience
Benefits
Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that 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 programme that enables you to give back to the charity of your choice.
Company
Travelers
Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business.
Founded in 1853
10001+ employees
H1B Sponsorship
Travelers has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (75)
2024 (47)
2023 (60)
2022 (42)
2021 (27)
2020 (20)
Funding
Current Stage
Public CompanyTotal Funding
unknown2002-03-22IPO
Leadership Team
Dan Frey
Executive Vice President and Chief Financial Officer
Beth Maerz
SVP, Customer, Strategy and Innovation
Recent News
Hartford Business Journal
2026-01-17
PR Newswire
2026-01-16
Company data provided by crunchbase