Account Underwriter - Management Liability

Travelers is a well-established property casualty insurer with a commitment to customer care and innovation. The Account Underwriter role involves evaluating and analyzing financial and business risks, building relationships, and negotiating with clients, agents, and brokers to provide management and professional liability insurance solutions.

Responsibilities

• Manage the profitability, growth, and retention of a typically smaller assigned book of business largely composed of existing accounts
• Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability
• Partner with leadership to 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 through regular touchpoints and engagement. Travel to such touchpoints may be requested on a limited basis
• Learn to identify and capture new business opportunities using consultative marketing and sales skills
• Collaborate with assigned Account Executive(s) to execute agency, region, and group sales plans with guidance from management
• Complete underwriting support activities for assigned agents on a limited basis
• Perform other duties as assigned

Skills

• Bachelor's degree
• One to three years of applicable underwriting experience
• Working knowledge of products, the regulatory environment, and local market conditions
• 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
• Communication skills with the ability to negotiate with agents and brokers
• One year of related professional 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.

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