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Account Executive Domestic Underwriter- Global Services

Employer
Travelers Insurance
Location
Hartford, Connecticut
Salary
Not Specified
Closing date
Aug 12, 2019

View more

Category
Claims, Sales, Underwriting
Job Type
Not Specified
Career Level
Not Specified

Job Details

Company Information
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.

Job Summary
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.

Minimum Qualifications
2 years of Property & Casualty underwriting experience required.

Education, Work Experience & Knowledge
Bachelor's degree preferred. Typically has 3-5 years of relevant Account Executive experience. Industry/Business Knowledge: Understands the US insurance market, industry business operations, critical issues and financial drivers that affect the US portion of a global account. Continuously seeks out market insight and uses acquired knowledge to assist less experienced employees. Product Knowledge: Understands organizational and regulatory rules, policies and procedures and effectively employs that knowledge in day-to-day work activities. Uses acquired skills and knowledge to assist less experienced employees.

Job Specific & Technical Skills & Competencies
Business Perspective: Uses knowledge of internal and external factors impacting the property & casualty industry to make decisions. Analytical Thinking/Financial Acumen: Identifies current or future problems or opportunities, analyzes, synthesizes and compares information to understand issues, identifies cause/effect relationships and explores alternative solutions to support sound decision making. Understands and uses financial information, tools and expense management principles to accomplish day-to-day work and maximize profitability. Relationship Management: Seeks out, builds, fosters and maintains productive relationships, networks or alliances to meet goals and achieve results.

Environmental/Work Schedules/Other
Travel 10-25% of time.

Physical Requirements
Operates standard office equipment (Continuously). Sitting (can stand at will) (Frequently). Use of Keyboards, Sporadic 10-Key (Frequently). Driving (Occasionally).

Licensing or Certificates
Valid drivers license or alternate means of personal transportation. CPCU designation preferred in some lines of business.

Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.
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Company

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WHO WE ARE

Imagine a Career With Purpose.

For more than 160 years Travelers has earned a reputation as a leader in personal, business and specialty insurance because we take care of our customers. When you work at Travelers, life’s most important moments become your life’s work. That means helping families feel secure, businesses to prosper, knowing that you’ve made a difference, and feeling like you belong to something bigger.


LIFE AT TRAVELERS

Imagine Playing a Role in Something Bigger.

A career at Travelers means being part of a team comprised of 30,000 + talented and passionate people that’s evolving to meet changing needs – from customer service to data science and beyond. If that’s more than you imagined in an insurance career, it’s time to join us at Travelers.


JOIN OUR TALENT COMMUNITY
As a part of our Talent Community, you will receive customized job alerts, be the first to know about opportunities to work at Travelers, and stay connected with our recruiters!

 

 

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