Account Executive Officer/Sr. Underwriter - Diamond Bar, CA, United States - The Travelers Companies, Inc.

Description

Taking care of our customers, our communities and each other.

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.

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 skills, education, training, credentials and experience of the candidate; As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Target Openings

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 Private & Non-Profit Liability team which provides financial protection private and non-profit companies.

Team members work in a fast-paced environment that analyzes complex data related to financial performance, industry and economic exposures, and risk management practices Coverages range from Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, CyberRisk, Kidnap and Ransom, Crime, and Identity Fraud Expense Reimbursement.

The Account Executive Officer (AEO) will partner with agents and brokers to provide insurance or surety solutions to customers.

An AEO will analyze and evaluate risk to achieve business goals within an assigned book of business.

Your ability to independently assess complex risk, negotiate terms, and sell our products in challenging markets will contribute to the profitability and success of Travelers.

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 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.
Develop and execute individual agency sales plans that align with region/group sales plans to drive team success.
Bachelor's degree.
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.

Four years of underwriting, product knowledge, financial analysis, or risk assessment experience.

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:

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.

In addition, our Life Balance program provides access to professional counseling services, life 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.

We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve.