At a Glance
- Tasks: Analyse data and trends to shape underwriting strategies and support project work.
- Company: Join a leading property casualty insurer with over 170 years of innovation.
- Benefits: Flexible hybrid work options, competitive salary, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on community and customer care.
- Why this job: Combine your technical expertise with data insights to make a real impact.
- Qualifications: Experience in casualty underwriting and a passion for data-driven decision making.
The predicted salary is between 34650 - 42350 £ 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.
Technical Administrator - Full-time / Part-time employer: Travelers
Travelers is an exceptional employer that prioritises the well-being of its employees through a robust wellness programme, generous holiday entitlement, and a commitment to community involvement. With a culture rooted in innovation and collaboration, employees are encouraged to grow professionally while enjoying the flexibility of hybrid work arrangements. Join us in a role that not only offers competitive benefits but also the opportunity to build meaningful relationships within the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Administrator - Full-time / Part-time
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Travelers). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Travelers. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Technical Administrator - Full-time / Part-time
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 Travelers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Travelers. 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 Travelers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Travelers to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
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 Travelers, 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 Travelers'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.
