Underwriter - Boiler & Machinery BC

The Boiler & Machinery (Equipment Breakdown) Business Center underwrites and negotiates low to mid-sized Boiler & Machinery new and renewal business accounts for assigned agents, brokers, client companies, and/or internal business unit partners.

• Manage the profitability, growth, and retention of an assigned book of business.
• Underwrite and negotiate a mix of routine and more complex accounts to minimize risk and maximize profitability.
• Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to support market penetration objectives and identify cross-selling opportunities.
• Foster relationships with external partners by delivering seamless underwriting experiences and solutions.
• Identify and capture new business opportunities using consultative marketing and sales skills.
• Support the execution of agency, region, and group sales plans.
• May assist in the training and mentoring of less experienced Account Executives.
• May undertake individual or collaborative project work.

• Bachelor’s degree.
• Three to five years of relevant underwriting experience with experience in Boiler & Machinery (Equipment Breakdown).
• Strong knowledge of Boiler & Machinery products, the regulatory environment, and the local insurance market.
• Strong critical thinking skills with the ability to identify routine underwriting, marketing, or financial challenges and analyze available information to make decisions in alignment with our risk appetite.
• Automation platform skills with the use of management information tools, rating systems and Microsoft applications such as Word, Excel, Outlook, etc.
• Organization and time management skills that allow the management of multiple tasks, prioritization and effective work outcomes in a fast-paced, detail-oriented environment.
• Sales and negotiation skills.
• Collaboration skills to establish strong relationships and network within the Enterprise and externally.
• Strong communication, awareness and influence skills in the disciplines of interpersonal and small group communications as well as appropriate and effective written communication.
• CPCU designation.

• Health Insurance
• Retirement
• Paid Time Off
• Wellness Program
• Volunteer Encouragement

Taking care of our customers, our communities and each other. That’s the Travelers Promise.