Management Liability Underwriter / Outside Sales (Associate Account Executive)
Travelers is a well-established property casualty insurer with a commitment to customer service and community involvement. They are seeking an Associate Account Executive in their Bond & Specialty Insurance division, responsible for managing a book of business, underwriting and negotiating customer accounts, and building relationships with agents and brokers to provide insurance solutions.
Responsibilities
- Manage the profitability, growth, and retention of a typically smaller assigned book of business
- Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability
- Partner with leadership, 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 by regularly meeting in person with agents and brokers 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
- Execute agency, region, and group sales plans with guidance from management
- Perform other duties as assigned
Skills
- Applicable professional experience
- 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
- Employees and their eligible family members 6 including spouses, domestic partners, and children 6 are eligible for coverage from the first day of employment.
- 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.
- Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- 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.
- 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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