At a Glance
- Tasks: Support underwriting strategies and analyse data to drive business growth.
- Company: Join a leading property casualty insurer with a culture of innovation.
- Benefits: Enjoy competitive salary, private medical insurance, and generous holiday entitlement.
- Other info: Flexible hybrid work arrangements and opportunities for community involvement.
- Why this job: Make an impact in the insurance industry while working with cutting-edge data insights.
- Qualifications: Experience in casualty underwriting and strong analytical skills required.
The predicted salary is between 30150 - 36850 £ per year.
Taking care of our customers, our communities and each other. 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.
We are looking for an experienced Casualty underwriting expert to join our Underwriting Office team as a Technical Underwriting Specialist. You’ll work alongside Underwriting Officers helping to shape and monitor the long and short term strategies that drive profit and growth across our Business Insurance portfolio. You’ll analyse portfolios using data from Business Intelligence, Actuarial, Catastrophe Modelling, Claims and other sources, spotting trends in performance, pricing and rate adequacy, and turning those insights into clear recommendations.
A core part of the role is owning our underwriting guides, keeping them up to date and communicating any changes in how we underwrite, while also training underwriters, handling referrals and supporting project work for the team. We’re looking for someone with solid technical casualty knowledge and an interest in AI, who enjoys combining underwriting expertise with data-driven insight.
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.
- Contribute to the establishment and monitoring of underwriting strategies that reflect market competitive conditions and global BI appetite.
- Assist UW Officers to develop and analyse portfolios from an underwriting perspective utilising MI/BI data and reporting insights from multiple sources - Business Intelligence, Actuarial, Catastrophe Modelling, Rating, Claims, Production and other performance data.
- 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).
- Assist the UW Officers with analysis to identify and explain portfolio changes, delivering clear insight into account structure and performance.
- Support in the monitoring of legal, regulatory and statutory environments in territories where we trade, industry developments and claims trends, and making recommendations for underwriting strategy revisions.
- Assist the BI UWO in overseeing and engaging in the approval, sign-off and development of policy wordings, Product UW guidance including product appetite.
- Good knowledge of the local insurance marketplace.
- Thorough knowledge of organisational and regulatory rules, policies, procedures and effectively employs that knowledge in day to day work activities.
- Ability to lead projects and working groups.
- Demonstrates intermediate knowledge and ability in respect of Microsoft Office systems including Excel (advanced) and Powerpoint.
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.
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. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
Type: Full time
Technical assistant / Admin Full Time Temporary in London employer: The Travelers Indemnity Company
Travelers Europe is an exceptional employer that fosters a culture of innovation and collaboration, making it a great place for a Senior Private Client Solicitor to thrive. With a strong commitment to employee well-being, the company offers a hybrid working model, generous holiday entitlement, and a comprehensive wellness programme, ensuring that employees can balance their professional and personal lives effectively. Additionally, the emphasis on community involvement and professional development creates a rewarding environment where individuals can grow and contribute meaningfully.
Contact Details:
The Travelers Indemnity Company Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Technical assistant / Admin Full Time Temporary in London
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We think you need these skills to ace Technical assistant / Admin Full Time Temporary in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at The Travelers Indemnity Company.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Travelers Indemnity Company. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at The Travelers Indemnity Company
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Travelers Indemnity Company to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Travelers Indemnity Company, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding The Travelers Indemnity Company's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
