Senior Development Underwriter - Professions

at  The Travelers Indemnity Company

WHAT IS THE OPPORTUNITY?

We’ve got big ambitions! We’re looking for a Senior Development Underwriter to help us grow our Professions book.
As a Senior Development Underwriter with Travelers you will work with senior members of the team to set and implement strategy for Professions. You will be responsible for writing new and renewal business, interacting and collaborating with a team of regional or product colleagues and other business associates to attract new business, retain existing customers, and explore new areas of business. Using your previous experience writing similar business, you will also act as a local expert and role model for other team members, actively coaching and mentoring other Development Underwriters.
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.

This role is eligible for a £2,500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus. What Will You Do?

• Underwrite and assess risk for products and accounts from assigned brokers. Make appropriate decisions within own underwriting authority in addition to considered, intelligent, and complete recommendations to regional or product underwriting leadership.
• Consistent with TICL underwriting principles underwrite more complex accounts and risks and consider different approaches toward risks to maximise profitability (e.g., pricing, retention, endorsements, limits, indemnity, security).
• Make prompt, sound decisions within underwriting authority and based on appropriate underwriting information. Negotiate terms and conditions consistent with regional or product underwriting requirements and standards within submission timeframe.
• Understand and execute product segment strategies to produce budgeted results.
• Continuously manage book of business (maintain quality of business required by regional or product underwriting strategy).
• Accountable for accurate underwriting documentation and information in account management systems and adherence to documentation standards.
• Embrace required working practices with allocated Underwriting Account Management resource in order to deliver appropriate and timely underwriting service on your accounts at all times.
• Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and as needed, any other parts of the organisation.
• In exercising own underwriting authority, assure that policies and accounts are effectively underwritten, handled and documented in compliance with company and regulatory standards and requirements.
• Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g., planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
• Effectively develop and execute sales plans for assigned brokers in conjunction with the regional sales leadership as appropriate.
• Create and achieve sales plans that identify and capture new business opportunities and effectively cross sell TICL products.
• Act as a responsible business partner with assigned brokers and clients, managing interests of TICL.
• Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development.
• Actively participate/lead regularly scheduled regional and product underwriting and/or sales meetings with your team.
• Demonstrate superior customer service standards (consistency, quick response, knowledge of products).
• Work with others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives.
• Customer interaction focusing on meeting customer expectations for response time and knowledge of products and business.
• Work strategically and tactically with brokers to ensure they have an appropriate level of understand.
• As an employee you are expected to act in an ethical manner at all times. You will ensure you understand all compliance and regulatory requirements for your role by completing all necessary training and certifications.
• As an employee we expect your actions and outcomes will at all times meet local regulatory and supervisory approaches to ensure fair treatment of our customers. You will ensure you keep adequate records of all transactions undertaken with customers, brokers and all other parties.
• Perform other duties as assigned.

• Underwrite and assess risk for products and accounts from assigned brokers. Make appropriate decisions within own underwriting authority in addition to considered, intelligent, and complete recommendations to regional or product underwriting leadership.
• Consistent with TICL underwriting principles underwrite more complex accounts and risks and consider different approaches toward risks to maximise profitability (e.g., pricing, retention, endorsements, limits, indemnity, security).
• Make prompt, sound decisions within underwriting authority and based on appropriate underwriting information. Negotiate terms and conditions consistent with regional or product underwriting requirements and standards within submission timeframe.
• Understand and execute product segment strategies to produce budgeted results.
• Continuously manage book of business (maintain quality of business required by regional or product underwriting strategy).
• Accountable for accurate underwriting documentation and information in account management systems and adherence to documentation standards.
• Embrace required working practices with allocated Underwriting Account Management resource in order to deliver appropriate and timely underwriting service on your accounts at all times.
• Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and as needed, any other parts of the organisation.
• In exercising own underwriting authority, assure that policies and accounts are effectively underwritten, handled and documented in compliance with company and regulatory standards and requirements.
• Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g., planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
• Effectively develop and execute sales plans for assigned brokers in conjunction with the regional sales leadership as appropriate.
• Create and achieve sales plans that identify and capture new business opportunities and effectively cross sell TICL products.
• Act as a responsible business partner with assigned brokers and clients, managing interests of TICL.
• Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development.
• Actively participate/lead regularly scheduled regional and product underwriting and/or sales meetings with your team.
• Demonstrate superior customer service standards (consistency, quick response, knowledge of products).
• Work with others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives.
• Customer interaction focusing on meeting customer expectations for response time and knowledge of products and business.
• Work strategically and tactically with brokers to ensure they have an appropriate level of understand.
• As an employee you are expected to act in an ethical manner at all times. You will ensure you understand all compliance and regulatory requirements for your role by completing all necessary training and certifications.
• As an employee we expect your actions and outcomes will at all times meet local regulatory and supervisory approaches to ensure fair treatment of our customers. You will ensure you keep adequate records of all transactions undertaken with customers, brokers and all other parties.
• Perform other duties as assigned