At a Glance
- Tasks: Build relationships with brokers and manage a diverse portfolio in the marine insurance sector.
- Company: Join a leading property casualty insurer with over 170 years of innovation and collaboration.
- Benefits: Enjoy flexible hybrid work, competitive salary, private medical insurance, and generous holiday entitlement.
- Other info: Engage in community service and wellness programmes to enhance your personal and professional growth.
- Why this job: Make an impact in the insurance industry while developing your skills in a supportive environment.
- Qualifications: Previous experience in London Market insurance, either in underwriting or brokerage.
The predicted salary is between 58540 - 71548 Β£ 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 have a great opportunity for an Underwriter to join our Hull & War team. If you're a broker looking to get into underwriting or an experienced Hull underwriter ready for your next challenge, this role will offer you the opportunity to work on a broad and diverse portfolio, as part of a growing Marine account.
You'll be responsible for building and developing broker relationships in the Lloyds market, taking ownership of new business and renewals across the entire portfolio. 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.
Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with: individual underwriting authority and, where relevant, with approval under the Lloyds Individual Registration Byelaw and the Unit's business plan for the relevant year.
Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting. May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards. Monitor market factors and world affairs as part of research and development of new opportunities.
Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.
Demonstrates Intermediate knowledge and experience in respect of Analytical Thinking/Financial Acumen: Identifies current or future problems or opportunities, analyses, synthesises and compares information to understand issues, identifies cause/effect relationships, and explores alternatives to support sound decision making. Previous London Market insurance experience in either an underwriting or broker capacity.
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.
- 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.
Underwriter I employer: Travelers
Travelers is an exceptional employer that fosters a collaborative work culture, particularly in the dynamic environment of Greater London. With a strong emphasis on employee growth and development, the company offers flexible hybrid working arrangements, comprehensive benefits including private medical insurance and generous holiday entitlement, making it an attractive choice for those seeking meaningful and rewarding employment in the actuarial field.