Salary Job Openings

International P&C Underwriter, Account Executive

The Travelers Companies, Inc.
Hartford, CT Full Time
POSTED ON 4/21/2022 CLOSED ON 9/28/2022

Job Posting for International P&C Underwriter, Account Executive at The Travelers Companies, Inc.

Who Are We?
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 160 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.
Job Category
Underwriting
Target Openings
1
What Is the Opportunity?
Global Partner Services provides tailored insurance solutions for companies based in the United States that have foreign parents and are written as part of a global program. Under general supervision, underwriting responsibilities typically include: underwriting new and renewal international reverse-flow (incoming global) business on accounts of moderate complexity for all commercial property and casualty lines of business. Working with other business units as appropriate to support US admitted placement and compliance objectives and assisting with cross-sell opportunities. Independently manages assigned foreign partners. May occasionally seek assistance from a senior level Account Executive or manager on more complex accounts. The incumbent in this job does not manage others.
Primary Job Duties & Responsibilities
  • Underwriting and Pricing: Underwrites primarily moderately complex US admitted accounts for all commercial property and casualty lines of business and risks and considers different approaches toward risks to maximize profitability (e.g., pricing, retention, endorsements, limits, indemnity, and security).
  • Uses good judgment in making decisions within own underwriting authority and makes recommendations on other accounts to support foreign partners, both Travelers overseas offices and foreign network partners. Initiates collaborative discussions.
  • Negotiates skillfully in difficult situations.
  • Develops and executes on a plan to meet business objectives.
  • Anticipates and identifies moderately complex underwriting/marketing problems and advises foreign partners accordingly, thoroughly analyzes available information and makes timely practical decisions.
  • Fosters collaboration within the business unit and across the enterprise.
  • Seeks enterprise-wide solutions to business problems.
  • Assists less experienced employees when appropriate. In addition to leading self, may coach less experienced staff members.
  • May participate in the training of less experienced\ Account Executives.
  • Other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor’s degree.
  • Three to five years of relevant underwriting experience with experience in commercial lines.
  • Knowledge of commercial lines products, the regulatory environment, and the local insurance market.
  • 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 agents and brokers.
  • CPCU designation.
What is a Must Have?
  • Two years of underwriting experience.
What Is in It for You?
  • 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 matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you’re eligible for five free counseling sessions with a licensed therapist.
  • 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.

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/
.
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