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Travelers

Insures homes, cars and businesses through agents

Account Executive Officer/Senior Underwriter - National Property

UnderwritingPosted on Nov 9
Full-time

About the Job

Requirements

  • Four years of experience in underwriting, claims, operations, risk assessment, actuarial work, sales, product, or finance.
  • Six to eight years of relevant underwriting experience, including National Property experience, is an ideal qualification.
  • Deep knowledge of property-related products, the regulatory environment, and the local insurance market is an ideal qualification.
  • Deep financial acumen is an ideal qualification.
  • Strong critical-thinking skills to identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions in alignment with the company's risk appetite are an ideal qualification.
  • Excellent communication skills and the ability to negotiate in difficult situations with agents and brokers are an ideal qualification.
  • A bachelor's degree is an ideal qualification.
  • A Chartered Property Casualty Underwriter (CPCU) designation is an ideal qualification.

Responsibilities

  • Manage the profitability, growth, and retention of an assigned book of business.
  • Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability, and occasionally negotiate and procure reinsurance to underwrite complex accounts.
  • Facilitate placement of foreign admitted policies, serve as a resource to field Account Executives on global underwriting capabilities, and assist with business development activities for global underwriting services, as applicable.
  • 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 and brokers to market and sell Travelers products, with the goal of writing and retaining accounts consistent with the company's risk appetite.
  • Travel to in-person meetings with agents and brokers.
  • Identify and capture new business opportunities using consultative marketing and sales skills.
  • Independently develop and execute agency sales plans and frequently partner with the Managing Director to develop region or group sales plans.
  • Assist in training and mentoring less experienced Account Executives, as applicable.
  • Perform other duties as assigned.

About the Company

Travelers

Insures homes, cars and businesses through agents

Travelers insures businesses, homeowners and drivers, mostly in the United States, with smaller operations in the United Kingdom and Ireland. Its Business Insurance unit covers companies of every size with policies such as workers' compensation, commercial property and commercial auto, while Bond & Specialty Insurance covers executive liability, cyber and fidelity risks. Personal Insurance protects individuals' homes, cars and valuables. Travelers sells mostly through independent agents and brokers, and it earns money from premiums and from investing the reserves it holds to pay future claims. The company traces its roots to 1853 and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1853

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