Development Underwriter - Property & Casualty jobs in United States
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Travelers · 4 hours ago

Development Underwriter - Property & Casualty

Travelers is a leading property casualty insurer with a commitment to customer service and innovation. They are seeking a Development Underwriter to manage and build relationships with brokers, underwrite moderate risks, and achieve performance targets.

Auto InsuranceInsuranceProperty Insurance
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Growth Opportunities
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H1B Sponsor Likelynote

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

UnderwritingRisk AssessmentFinancial AnalysisProduct KnowledgeNegotiation SkillsAnalytical ThinkingIndustry AnalysisInclusionCommunication SkillsProject Management

Required

A Levels or similar qualification
Good experience of underwriting, product knowledge, financial analysis, or risk assessment experience
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

Benefits

Private Medical Insurance
Retirement
Holiday Entitlement
Wellness Programme
Volunteer Encouragement

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.

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 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