Underwriting Associate - #184490

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.

Target Openings

2

What Is the Opportunity?

Under close supervision and with support and training from an underwriting team, actively learns about underwriting philosophy, business unit products and strategies, negotiation, and relationship building. As an Analyst in this entry-level position, handles renewal business under direct supervision and moves to developing new business as skills advance. As knowledge increases and, under direct supervision, takes on less complex underwriting of individual accounts. Seeks out opportunities to observe account analysis discussions with other underwriters and underwriting leaders. Takes initiative for their own development. The incumbent in this job does not manage others.

What Will You Do?

• Submission logging and clearing
• Under direct supervision, underwrites and assesses risk and makes recommendations for less complex accounts.
• Adheres to [system] underwriting rules while managing the intake and underwriting of less complex new business accounts.
• Establishes effective relationships with internal customers, including members of the underwriting teams.
• Establishes effective relationships with brokers by providing market leading customer service via telephone/e-mail.
• Under supervision, works closely with broker partners to implement requested changes to policies.
• Adheres to underwriting guidelines and authority grants.
• Develops consultative sales and marketing skills through their interaction with brokers and via coaching from their manager and peers.
• Develops negotiation skills through their interaction with brokers and via coaching from their manager and peers.
• Develops planning and organization skills necessary to effectively manage desk.
• Effectively collaborates with others on all aspects of job.
• Understands the need to seek enterprise-wide solutions to business problems.
• Takes initiative for personal development and seeks to learn through underwriting, marketing, and other related opportunities, and may include taking the Insurance Institute course
• Perform other duties as assigned.
  
  

What Will Our Ideal Candidate Have?

• Educational background/coursework in Business Administration/Management, Finance/Accounting, Economics, Mathematics/Science, Sales/Marketing/Communications.
• Understand property and casualty industry, and identify current or future problems or opportunities, while analyzing, synthesizing, and comparing information to understand issues, cause/effect and explores alternative solutions to support decision making.
• Understands and uses financial information, tools, and expense management principles.
• Seeks out, builds, fosters and maintains productive relationships, networks or alliances to meet goals and achieve results.
• Strong interpersonal, verbal and written communication skills.
• Ability to manage multiple tasks; prioritize and work effectively in a fast paced, decision-oriented environment.
• Strong automation skills, including Word, Excel, Outlook, etc. Experience with Guidewire Policy Center software.
  
  

What is a Must Have?

• College diploma, University degree or one year of applicable business experience.
  
  

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”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
  
  

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.