Account Underwriter - Professional Liability - St. Paul, MN

Job Description

ATTENTION MILITARY AFFILIATED JOB SEEKERS – Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps.

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.

Salary Range: $70,400.00 - $

Bond & Specialty Insurance provides management and professional liability insurance, as well as surety bonds to businesses and non‑profit organizations of all sizes.

As an underwriter, you will have a dynamic role that blends evaluating and analyzing financial and business risk, building relationships, and selling and negotiating with clients, agents, and brokers.

This role is part of the Professional Liability team which protects against liability claims for negligence and errors and omissions in the performance of professional services for design professionals, accounting firms, law firms, real estate professionals, and miscellaneous professional firms. Team members work in a fast‑paced environment that analyzes complex data related to the professional firm's expertise and experience, financial performance, risk management, and claim history.

The coverage provided is Professional Liability/Errors and Omissions Liability.

• Manage the profitability, growth, and retention of a typically smaller assigned book of business largely composed of existing accounts.
• Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability.
• Partner with leadership to execute business unit underwriting strategies across your book of business to achieve profit and growth objectives.
• Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to identify cross‑selling opportunities.
• Foster and maintain relationships with external partners through regular touchpoints and engagement. Travel to such touchpoints may be requested on a limited basis.
• Learn to identify and capture new business opportunities using consultative marketing and sales skills.
• Collaborate with assigned Account Executive(s) to execute agency, region, and group sales plans with guidance from management.
• Complete underwriting support activities for assigned agents on a limited basis.
• Perform other duties as assigned.

• Bachelor’s degree.
• One to three years of applicable underwriting experience.
• Working knowledge of products, the regulatory environment, and local market conditions.
• Critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze available information to make decisions in alignment with our risk appetite.
• Communication skills with the ability to negotiate with agents and brokers.
• One year of related professional experience.

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