Underwriter - Corporate

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 160 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?

Our Corporate team use their specialist expertise to offer bespoke insurance solutions to our largest and most complex clients in the UK and Ireland. We are looking for an Underwriter to join our team! In this interesting and varied role, you will be involved from the early stages of client engagement through close interaction and collaboration with our colleagues in Risk Control, Claim, and other critical stakeholders both in the UK and the US.

You’ll be responsible for managing renewal business opportunities and developing prospects, leading the technical underwriting of these risks and helping to deliver Travelers’ bespoke customer proposition. You’ll manage an assigned allocation of large cross class accounts and will also be one of the primary contacts for our regional underwriting teams, providing technical support to assist writing new business and retaining our existing accounts with our broking partners.

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).

What Will You Do?

• Underwrite and assess risk to maximise business growth and profitability for allocated broker panel.
• Make prompt, sound decisions within underwriting authority and based on appropriate underwriting information.
• Understand and execute Travelers’ underwriting strategies and principles to produce budgeted results.
• Think widely and execute your role with a view to customer engagement within the Corporate Business sector.
• Working with Development Underwriter on same broker panel, continuously manage book of business, maintaining quality of business, growth and profit.
• Accountable for accurate underwriting documentation and information in account management systems and adherence to Travelers’ documentation standards.
• Actively engage and seek out training opportunities to further develop underwriting expertise.
• Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach.
• Working with Distribution, effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office.
• Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development across Travelers.
• Actively participate in regularly scheduled regional and product underwriting and/or sales meetings.
• Demonstrate superior customer service standards to meet Travelers’ service standards.

What Will Our Ideal Candidate Have?

• ACII qualification preferred.
• Proven experience in underwriting.
• General knowledge of the local insurance marketplace.
• General knowledge of organisational and regulatory rules, policies and procedures.
• Good knowledge of technical underwriting.
• Intermediate knowledge and ability required in respect of analytical thinking, judgment, decision making, communication and strong team work.
• Demonstrates intermediate ability in the areas of customer focus and positive broker interaction.
• Demonstrates intermediate knowledge and ability in respect of Microsoft Office systems including Excel and Powerpoint.
• Typically demonstrates intermediate relationship management skills.

What is a Must Have?

• Previous experience of underwriting in Property and Casualty classes of business.
• Incumbents are required to hold a full, valid driving licence.

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 basic contribution of 9% of pensionable salary to your Group Personal 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 and resources that empower you to achieve your wellness goals. In addition, our Employee Assistance programme provides access to professional counseling services and other resources to 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.

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.

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