Senior Underwriter ​/ Analyst - Commercial Surety

Who Are We?

Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Job Category

Underwriting

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

As part of our comprehensive compensation and benefits program, employees may also be eligible for performance-based case incentive awards.

Salary Range

$88, - $132,

Target Openings

1

What Is the Opportunity?

The Bond & Specialty Insurance (B&SI) group at Travelers provides a broad array of competitive management liability, professional liability and surety products and coverages to businesses of all sizes. This Account Executive (AE), Bond & SI role will partner with brokers to provide coverage for new and renewal business based on customers' needs. As an AE, you are decisive, detail-oriented, and have the ability to build relationships internally and externally to drive results.

Your ability to assess risk and promote our products will contribute to the profitability and success of Travelers.

What Will You Do?

Responsible for the profitability, growth, and retention of an assigned book of business through thorough knowledge and understanding of Travelers risk appetite to make appropriate decisions within own underwriting authority.

Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability.

Develop and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities.

Develop, foster and maintain relationships with external partners by regularly meeting with brokers to market and promote Travelers products, leveraging a full range of product knowledge, with a goal of writing and retaining accounts consistent with our risk appetite.

Identify and capture new business opportunities using consultative marketing and sales skills.

Effectively develop and execute sales plans to ensure retention and new business targets are met.

Perform other duties as assigned.

What Will Our Ideal Candidate Have?

Bachelor’s degree in a finance-related discipline

Three to five years of finance-related experience or management liability, professional liability and/or surety underwriting experience

Knowledge of management liability, professional liability and/or surety products, the regulatory environment, and the local insurance market

Relevant experience interacting with brokers

Associateship of Canadian Surety Bonding designation

Strong financial acumen, including the ability to analyze financial statements and client’s operational history

Strong critical thinking skills with the ability to proactively identify underwriting, marketing or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite

Communication skills with the ability to successfully negotiate with brokers

What is a Must Have?

Two years of finance-related experience or relevant insurance or underwriting experience

Valid driver’s license or alternative means of transportation

Travel 10-25% of time

What Is in It for You?

Health Insurance: Employees and their eligible family members – including spouses, partners, and children – are eligible for coverage from the first day of employment.

Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.

Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”)…