Senior Technical Underwriter - Property

Join to apply for the Senior Technical Underwriter – Property role at Travelers Europe

6 days ago Be among the first 25 applicants

Join to apply for the Senior Technical Underwriter – Property role at Travelers Europe

Direct message the job poster from Travelers Europe

Are you a highly technical 1st Party or Property Underwriter looking to develop your career into a more strategic role? We are hiring a Senior Technical Underwriter /Manager – Property to support our Retail and Speciality (Lloyd’s) lines of business. In this role, you will develop tailored Underwriting Guides empowering our teams to thrive and grow. You will work closely with the Property Underwriting Officers, as well as building excellent internal relationships with our Senior Underwriters, to support the establishment and monitoring of long- and short-term underwriting strategies to effectively achieve profit and growth objectives.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full-time employees working three days a week in the office and two days at home (or pro-rata for part-time employees). This policy may be changed at the Company’s discretion.

What Will You Do?

1. Contribute to the establishment and monitoring of underwriting strategies that reflect market competitive conditions and global BI appetite.
2. Assist UW Officers to develop and analyze portfolios from an underwriting perspective utilizing MI/BI data and reporting insights from multiple sources – Portfolio Management, Business Intelligence, Actuarial, Catastrophe Modelling, Rating, Claims, Production, and other performance data.
3. Identify trends by understanding and monitoring key performance metrics (e.g., portfolio mix; drivers of underwriting performance; claims performance by cause and by attrition, large and catastrophe components; geography; segment; distribution channel; rate targets, etc.).
4. Assist the UW Officers with analysis to identify and explain portfolio changes, delivering clear insights into account structure and performance. In setting strategy for rate adequacy and pricing, with preparation of data and narrative for treaty reinsurance, and with compilation and monitoring of regulatory returns, e.g., MID, Lloyd’s SBF Narrative, Pool Re, etc.
5. Work collaboratively with Product Development, AVPs, Portfolio & Product Managers to develop underwriting guidance and best practices (ensure underwriting guidelines are established, updated, and fit for purpose).
6. Support in monitoring legal, regulatory, and statutory environments in territories where we trade, industry developments, and claims trends, making recommendations for underwriting strategy revision.
7. Assist the BI UWO in overseeing and engaging in the approval, sign-off, and development of policy wordings, Product UW guidance including product appetite.
8. Assist the UW Officers in establishing underwriting and pricing guidelines. Responsible for ensuring the repository of technical underwriting guidance remains up to date.
9. Participate in, prepare reports, and present at Collaborative Underwriting Reviews (CUREs) and Portfolio Reviews. Participate in Independent Peer Reviews and Underwriter Level Review.
10. Contribute to reviewing training needs and creating and delivering training to Underwriters.

Seniority Level

• Mid-Senior level

Employment Type

• Full-time

Job Function

• General Business

Industries

• Insurance

Referrals increase your chances of interviewing at Travelers Europe by 2x.

#J-18808-Ljbffr