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Travelers · 1 day ago

Associate Account Executive/Underwriter

Chicago, IL

Full-time

Hybrid

Entry Level

$74K/yr - $122K/yr

1+ years exp

Travelers is a well-established property casualty insurer with a commitment to customer care and community support. The Associate Account Executive will manage a book of business, underwrite customer accounts, and build relationships with agents and brokers to drive profitability and growth.

Auto InsuranceInsuranceProperty Insurance

Growth Opportunities

Responsibilities

Manage the profitability, growth, and retention of an assigned book of business

Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability

Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities

Foster and maintain relationships with external partners by regularly meeting in person with agents, brokers, and customers 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. The sales process to target new accounts has a long runway (6 months to 1 year)

Execute agency, region, and group sales plans

Perform other duties as assigned

Qualification

Underwriting experienceLoss sensitive productsFinancial acumenCPCU designationCritical thinking skillsSales skillsRelationship building

Required

Bachelor's degree

One to three years of relevant underwriting experience with experience in National Accounts

Knowledge of loss sensitive products, the regulatory environment, and the local insurance market

Deep financial acumen

Critical thinking skills with the ability to identify routine underwriting, marketing, or financial challenges and analyze available information to make decisions in alignment with our risk appetite

CPCU designation

One year of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance 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.