Jobs
>
San Francisco

    Construction Surety Underwriter - San Francisco, United States - The Travelers Companies

    Default job background
    Description
    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.

    Compensation Overview


    The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country.

    The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

    As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

    Salary Range

    $65, $108,500.00

    Target Openings

    1

    What Is the Opportunity?


    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.


    This role is part of the Construction Services team which provides surety bonds to public and private owners of construction projects.

    Underwriters also analyze business operations, financial statements and evaluate market forces to provide consultative services to contractors.


    The Associate Account Executive (AAE) will build relationships with agents and brokers to provide insurance or surety solutions to customers.

    An AAE will analyze and evaluate risk to achieve business goals within an assigned book of business. As an AAE, you are decisive, detail-oriented, and are learning to build relationships internally and externally to drive results.

    As you develop the ability to assess risk and sell our products, you will contribute to the profitability and success of Travelers.

    What Will You Do?


    • Manage the profitability, growth, and retention of a typically smaller assigned book of business.
    • Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability.
    • Partner with leadership, execute business unit underwriting strategies across your 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. Must be able to travel to such meetings.
    • Identify and capture new business opportunities using consultative marketing and sales skills.
    • Execute agency, region, and group sales plans with guidance from management.
    • Perform other duties as assigned.
    What Will Our Ideal Candidate Have?


    • Applicable professional experience.
    • Bachelor's degree.
    • One to three years of applicable underwriting experience.
    • Working knowledge of products, the regulatory environment, and local market conditions.
    • 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.
    • Communication skills with the ability to negotiate with agents and brokers.
    What is a Must Have?


    • One year of related professional 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, 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 believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve.

    We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.


    In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.


    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
    #J-18808-Ljbffr


  • Zurich NA San Francisco, United States

    Commercial Surety Underwriter, (Account Executive or AVP) · 113336 · Zurich North America is looking for a Commercial Surety Underwriter (Account Executive or AVP Level) to join our Commercial Surety team in the West region. This position can be based out of our San Francisco o ...


  • Zurich Insurance Group San Francisco, United States

    Zurich North America is looking for a Commercial Surety Underwriter (Account Executive or AVP Level) to join our Commercial Surety team in the West region. This position can be based out of our San Francisco office, one of our offices in SoCal (Los A Account Executive, Commercial ...


  • The Travelers Companies Inc. San Francisco, United States

    Who Are We? · Considering applying for this job Do not delay, scroll down and make your application as soon as possible to avoid missing out. · Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maint ...


  • THE TRAVELERS INDEMNITY COMPANY San Francisco, United States

    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 cultur ...


  • Crossell San Francisco, United States

    Press Tab to Move to Skip to Content Link · Select how often (in days) to receive an alert: · Select how often (in days) to receive an alert: · Surety Bond- Underwriter or Senior Underwriter (Sacramento or San Francisco) · About The Role: · Underwrite contract surety bonds in co ...


  • Liberty Mutual San Francisco, United States

    Pay PhilosophyThe typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these posi ...


  • Swiss Re San Francisco, United States

    About The Role: · Underwrite contract surety bonds in conformance with NAS Surety Group underwriting guidelines to determine if they meet risk acceptability standards and the strategy of the company. Responsible for increased premium production achieved by enhancing agent relati ...


  • Swiss Re San Francisco, United States

    About The Role: · Underwrite contract surety bonds in conformance with NAS Surety Group underwriting guidelines to determine if they meet risk acceptability standards and the strategy of the company. Responsible for increased premium production achieved by enhancing agent relatio ...


  • The Travelers Companies Inc. San Francisco, United States

    Who Are We? · Check all associated application documentation thoroughly before clicking on the apply button at the bottom of this description. · Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have main ...

  • Philadelphia Insurance Companies

    Surety Underwriter II

    3 weeks ago


    Philadelphia Insurance Companies Walnut Creek, United States

    Under moderate direction and supervision, underwrites and markets assigned products by providing intermediate levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. May provide intermediate level of fi Underwriter, Writer, Underwri ...


  • Liberty Mutual Insurance Walnut Creek, United States

    Pay Philosophy · The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these p ...


  • Chubb San Ramon, United States

    Chubb is currently recruiting for a Senior Underwriter Construction, Surety in Walnut Creek, California · The Senior Underwriter Construction Surety is accountable for managing and underwriting a portfolio of construction surety accounts with limited oversight, as well as develop ...

  • Philadelphia Insurance Companies

    Surety Underwriter II

    2 weeks ago


    Philadelphia Insurance Companies Walnut Creek, United States

    Marketing StatementPhiladelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally reco ...


  • Chubb Walnut Creek, United States

    Job Description · Chubb is currently recruiting for a Senior Underwriter Construction, Surety in Walnut Creek, California · The Senior Underwriter Construction Surety is accountable for managing and underwriting a portfolio of construction surety accounts with limited oversight ...

  • Philadelphia Insurance Companies

    Surety Underwriter Ii

    3 weeks ago


    Philadelphia Insurance Companies Walnut Creek, United States

    **Marketing Statement** · Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are national ...


  • Chubb Walnut Creek, United States

    Job Description · Chubb is currently recruiting for a Senior Underwriter Construction, Surety in Walnut Creek, California · The Senior Underwriter Construction Surety is accountable for managing and underwriting a portfolio of construction surety accounts with limited oversight ...


  • Great American Insurance Group Walnut Creek, United States

    Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expe ...


  • Summit Consulting Walnut Creek, United States

    Contract Surety Bonds Underwriting Manager- Walnut Creek page is loaded · Contract Surety Bonds Underwriting Manager- Walnut Creek · Apply · remote type · Hybrid · locations · Walnut Creek, CA (USA) · time type · Full time · posted on · Posted 2 Days Ago · job requisit ...


  • Great American Insurance Company Walnut Creek, United States

    Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Groups member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" exper ...


  • Nationwide San Francisco, United States

    If you're passionate about helping people protect what matters most to them, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide's Property and Casualty team could be the place for you At Nationwide, "on your side" go ...