Associate Underwriter - Existing Business in Birmingham

Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

What Is the Opportunity? Business Insurance helps companies in the UK and Ireland identify, prepare for and mitigate risks by offering a broad array of industry‑specific, combined property and casualty insurance solutions to customers. This includes SME solutions traded directly, Commercial Accounts traded via brokers, and Corporate Solutions to FTSE 350 Risk Managed companies. We are seeking an Associate Underwriter to join our Birmingham team, where you'll take ownership of the complete renewal lifecycle from quotes to successful binds while strategically managing existing business opportunities. In this role, you'll develop relationships within our established broker network to maintain and grow partnerships that deliver continued insurance solutions, using your analytical skills to evaluate risks and make balanced decisions that meet both customer needs and business objectives with support from experienced colleagues.

We're looking for an enthusiastic underwriting professional with previous commercial combined experience eager to grow their skills in risk assessment and negotiation while building confidence in presenting our products to demonstrate ongoing value to clients, as your fresh perspective and dedication will contribute to Travelers' sustainable profitability and long‑term success through strong client retention in this excellent career‑building opportunity as a trusted insurance advisor.

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?

• With support, manage the profitability, growth, and retention of an assigned portfolio comprised of routine accounts across most of our products.
• With support, underwrite and negotiate routine risks to minimise risk and maximise profitability, including Mid Term Adjustments (MTAs).
• Develop your portfolio management, ensuring key performance indicators are consistently achieved and you actively target new business and retention.
• Take corrective action in collaboration with your Manager / Team based on identified risk characteristics.
• 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.
• 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 to write and retain accounts consistent with our risk appetite.
• Must be able to travel to meetings.
• Execute submission, quotes and renewals with guidance from your manager and working in partnership with the sales team.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• A Levels or similar qualification.
• Some knowledge of products, the regulatory environment, and the local insurance market.
• 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 negotiate with agents and 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.
• Participate in projects that involve the implementation of non‑complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products.

What is a Must Have?

• Some prior related insurance experience.

What Is in It for You?

• Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
• Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
• Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
• Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that 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 programme that enables you to give back to the charity of your choice.

Employment Practices: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting.