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- Tasks: Learn and assess financial underwriting for surety credit risk while maximising business growth.
- Company: Join Travelers, a leading company that values diversity and innovation.
- Benefits: Enjoy competitive salary, comprehensive benefits, and opportunities for professional development.
- Why this job: Make impactful decisions and build relationships in a dynamic underwriting environment.
- Qualifications: Degree education and strong analytical, communication, and teamwork skills required.
- Other info: Engage in continuous training and enjoy excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Learn and understand Travelers’ financial underwriting requirements pertaining to surety credit risk.
Underwrite and assess risk to maximise business growth and profitability for allocated broker panel or clients. Make appropriate decisions within facility authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.
Make prompt, sound decisions within facility authority and based on appropriate underwriting information. Negotiate terms and conditions consistent with underwriting requirements and service.
Understand and execute Travelers' underwriting strategies and principles to produce budgeted results.
Working with Primary Underwriter on the same broker panel/client to continuously manage the book of business, maintaining quality of business, growth and profit.
Accountable for accurate bond 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 (e.g. planning and follow-up for client visits/meetings) in support of business objectives.
Effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office.
Actively participate in scheduled underwriting and meetings.
Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet Travelers' service standards.
Support maintenance of exposure tracking systems to enable accurate reporting and facility monitoring.
Perform other duties as assigned.
Degree education.
A full, valid driving licence.
Intermediate knowledge and ability required in respect of analytical thinking, judgment, decision making, communication and strong teamwork.
Demonstrates proven ability in enhanced retention strategies.
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.
Job descriptions are not intended to be exhaustive lists of all responsibilities, skills, efforts, or working conditions associated with a job, but are intended to accurately reflect principal job elements.
Confidential and proprietary for Travelers internal use only.
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.
Associate Underwriter - Surety in Manchester employer: Travelers Canada
Contact Detail:
Travelers Canada Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Underwriter - Surety in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their underwriting strategies. Show them you know your stuff and can contribute to their goals right from the get-go.
✨Tip Number 3
Practice your negotiation skills! Since you'll be negotiating terms and conditions, being confident and articulate during discussions will set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you're serious about joining the team.
We think you need these skills to ace Associate Underwriter - Surety in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Associate Underwriter role. Highlight any relevant underwriting experience or analytical skills that show you can assess risk effectively.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about underwriting and how your background makes you a great fit for our team. Be sure to mention your understanding of financial underwriting requirements and your ability to build broker relationships.
Showcase Your Decision-Making Skills: In your application, provide examples of how you've made sound decisions in previous roles. We want to see your analytical thinking and judgment in action, especially in situations where you had to negotiate terms or manage client expectations.
Apply Through Our Website: We encourage you to apply directly through our website. This way, you’ll ensure your application gets to the right people and you can easily track your application status. Plus, it’s the best way to stay updated on any new opportunities!
How to prepare for a job interview at Travelers Canada
✨Know Your Underwriting Basics
Before the interview, brush up on the financial underwriting requirements specific to surety credit risk. Understanding these fundamentals will help you demonstrate your knowledge and show that you're ready to make sound decisions within facility authority.
✨Showcase Your Analytical Skills
Be prepared to discuss how you've used analytical thinking and judgment in past roles. Think of examples where your decision-making led to positive outcomes, especially in risk assessment or client management, as this aligns with what they’re looking for.
✨Demonstrate Relationship Management
Since building broker/client relationships is key, come equipped with examples of how you've successfully managed relationships in previous positions. Highlight your communication skills and any strategies you've used to enhance retention and customer focus.
✨Familiarise Yourself with Their Tools
Make sure you have a good grasp of Microsoft Office systems, particularly Excel and PowerPoint. You might be asked about your proficiency, so being able to discuss how you've used these tools in your work will give you an edge.
