Job Overview
We are seeking a Casualty Underwriting specialist to join our Underwriting Office team as Deputy Casualty Underwriting Officer. In this role, you will apply your technical expertise to support the lead Underwriting Officer and leadership teams across Business Insurance Retail and SME in driving the profitable growth of our Casualty and Third Party portfolios. You will take a lead role in developing and managing the underwriting strategy for the Business Insurance Retail & SME Casualty portfolio. Working closely with colleagues across underwriting, claims, and actuarial, you will proactively monitor portfolio performance and intervene where needed - contributing to net risk appetite, rate and risk tolerance, volatility, accumulations and aggregations, market indicators, and deviation from plan. Through oversight and leadership of Underwriting and Portfolio reviews, you will ensure an optimal mix of business that supports our growth and profitability objectives. You will also provide hands‑on guidance to Underwriters on complex casualty risks, playing a pivotal role in maintaining underwriting discipline across the portfolio. Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy: full‑time employees work three days a week in the office and two days at home (or pro rata for part‑time employees). This policy may change at the Company’s discretion.
Responsibilities
- Support the development and execution of strategic underwriting direction (both short‑term and long‑term) and alternative risk transfer mechanisms consistent with the corporate strategy.
- Support the setting of strategy for rate adequacy, product, and pricing within assigned portfolios to achieve maximum earnings/planned ROE.
- Support the UW Officers in the governance and oversight of rating tools, associated infrastructure, and provision of rates.
- Support the analysis of internal and external emerging issues and trends and provide resultant underwriting direction incorporating feedback from Claim, Risk Control and Actuarial.
- Effectively mentor and coach underwriting staff to ensure production, underwriting standards and profitability objectives are achieved.
- Contribute to establishing, reviewing, and executing underwriting standards and controls (including Underwriting authorities) as required.
- Respond to external changes in the regulatory and legislative environment including liaison with regulatory and technical bodies.
- Have oversight of technical content of BI underwriting materials (e.g., TRV policy wordings; underwriting guides, policy summaries, procedures, technical resource articles, etc.) and breadth of coverage contained with non‑Travelers wordings.
- Perform other duties as assigned.
Qualifications
- Solid experience in commercial underwriting and products within the property and casualty industry.
- Leadership skills with the ability to coach, develop colleagues, and align resources to accomplish key objectives.
- Strong written and verbal communication skills with the ability to influence various audiences across the enterprise.
- Strong relationship‑building skills with the ability to work independently and collaboratively with internal and external partners.
- Proficiency in Microsoft Excel, Word, PowerPoint, and Teams.
- Strong Casualty Underwriting experience.
Benefits
- 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: 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: Includes tools, discounts, and resources that empower you to achieve wellness goals; includes mental health programme providing access to free professional counseling services and other resources.
- Volunteer Encouragement: Matching Gift and Volunteer Rewards programme allows 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. Travelers reserves the right to fill this position at a level above or below the level included in this posting.
