Construction Surety Underwriter Trainee​/Financial Analyst

Construction Surety Underwriter Trainee / Financial Analyst

Join to apply for the Construction Surety Underwriter Trainee / Financial Analyst role at Travelers.

Taking care of our customers, our communities and each other. That’s the Travelers Promise. 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. Imagine loving what you do and where you do it.

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 are also eligible for performance-based cash incentive awards.

$60,800.00 - $

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The Bond and Specialty Insurance division of Travelers is seeking to add a new member to our Construction Surety team in an Underwriting Development Program role. This is an opportunity to join a dedicated collaborative team of underwriters in a highly visible and challenging role. Our Underwriting Professional Development Program (UPDP) provides participants the opportunity to build a unique and successful career within a highly specialized niche of the insurance industry.

From the construction of the Hoover Dam to the renovation of the Statue of Liberty, Travelers’ Construction Services provides performance guarantees and related services to general and heavy contractors, construction managers, and subcontractors. Construction Services underwriting includes financial and contract analysis, customer meetings, job site visits, and consultative services.

As a member of the UPDP, you will work with a collaborative team of underwriters that will provide you with the opportunity to build a successful career within the unique field of specialty insurance and surety.

Our comprehensive program consists of a blend of mentorship, classroom instruction, and on-the-job training leading to increasing responsibility and accountability.

The UPDP prepares you for a career in underwriting, which is a dynamic blend of the following:

• Financial analysis/risk assessment: gather and analyze pertinent information in order to evaluate the acceptability of business risk
• Marketing: build and maintain relationships with agents, brokers, and insured clients to help achieve business goals
• New business development and retention: sell to, negotiate with, and influence agents and brokers to manage a profitable book of business

• Gather and analyze pertinent information including financial statements in order to evaluate the acceptability of business risk.
• Build relationships with agents, brokers, and insured clients to help achieve business goals.
• Undergo extensive training in order to underwrite, market to, negotiate with, and influence agents and brokers to manage a profitable book of business.
• Begin to build and understand relationships with Travelers employees within the business unit and across the enterprise in order to begin to create sales plans.
• Ability to travel to internal meetings with team members and external meetings with agents, brokers, and clients.
• Perform other duties as assigned.

• Applicable professional experience.
• Take the initiative on tasks with the ability to learn the industry, product line, and internal programs and platforms.
• Demonstrates effective verbal, written and listening communication skills.
• Ability to leverage analytical skills.

• Bachelor’s degree or one year of applicable business experience.

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