Commercial Surety Underwriting Trainee - Birmingham, United States - VetJobs

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    Job Description

    ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps. Unless specifically stated otherwise, this role is "On-Site" at the location detailed in the job post.

    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
    $56, $93,100.00

    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.

    In the Underwriting Professional Development Program (UPDP), you will build underwriting skillsets through a blend of mentorship, classroom instruction, and on-the-job training.

    As a member of the UPDP, you will work with a collaborative team of underwriters that will provide you with the opportunity to build a successful career within the unique field of specialty insurance and surety.What Will You Do?
    • Gather and analyze pertinent information including financial statements in order to evaluate the acceptability of business risk.
    • Build relationships with agents, brokers, and insured clients to help achieve business goals.
    • Undergo extensive training in order to underwrite, market to, negotiate with, and influence agents and brokers to manage a profitable book of business.
    • Begin to build and understand relationships with Travelers employees within the business unit and across the enterprise in order to begin to create sales plans.
    • Ability to travel to internal meetings with team members and external meetings with agents, brokers, and clients.
    • Perform other duties as assigned.
    Certificates/Security Clearances/Other

    What Will Our Ideal Candidate Have?
    • Applicable professional experience.
    • Take the initiative on tasks with the ability to learn the industry, product line, and internal programs and platforms.
    • Demonstrates effective verbal, written and listening communication skills.
    • Ability to leverage analytical skills.
    What is a Must Have?
    • Bachelor's degree or one year of applicable business experience.