Managing Account Executive/Underwriter - Management Liability
Travelers
Compensation
About the role
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.
Responsibilities
- Manage the profitability, growth, and retention of an assigned book of business primarily comprised of moderately to highly complex accounts
- Underwrite and skillfully negotiate complex customer accounts to minimize risk and maximize profitability
- Execute business unit underwriting strategies across your team’s 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 by regularly meeting in person with agents and brokers to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite
- Identify and capture new business opportunities using consultative marketing and sales skills
- Develop and execute individual and team agency sales plans that align with region/group sales plans to drive team success
- Provide coaching, training, and performance management of team while ensuring the successful execution of the business strategy
- Perform other duties as assigned
Requirements
- Bachelor’s degree
- Six to eight years of applicable underwriting experience
- Deep knowledge of products, working knowledge of the regulatory environment, and of local insurance and surety markets
- Strong 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
- Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers
- Experience leading others
Benefits
- Health Insurance
- 401k matching
- Paid Time Off
- Wellness Program
- Volunteer Encouragement
About the Company
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 Details
Salary Range
$123,000 - $203,000/yearly
Location
Diamond Bar, California, U.S.
Employment Type
Full-time, Hybrid
Original Posting
View on company website