Travelers Associate Commercial Lines Underwriter-Canada in London, Ontario
Associate Commercial Lines Underwriter-Canada
Primary Job Duties & Responsibilities:
Underwriting Quality/Profitability: Follow Select Best Practices, including Underwriting, Workflow and Playbook. Ensure underwriting quality and profitability through application of the appropriate level of underwriting analysis based on risk complexity to accept, decline, modify, rate and quote these accounts. Responsible for ensuring compliance with underwriting strategies and regulatory requirements. Identify and take corrective action and/or collaborate with the appropriate area within the organization based on individual risk characteristics identified through broker reviews, Large Loss Analysis, risk control, etc. Sales: Prequalify accounts to identify customer needs and take appropriate action. Function as point of sale for proposal delivery and negotiation. Understand and effectively utilize competitive market data. Build and maintain profitable broker relationships. New and Renewal Business Management: Identify opportunities to write additional lines of business using knowledge of individual risk characteristics and Select Products and Appetite. Proactively seek to retain key renewals by working closely with brokers and internal business partners. Demonstrate the ability to build partnerships with other business groups and identify and deliver broker and product solutions at the account level. Maintain an understanding of Travelers products, services and solutions and initiate discussions with other business units as appropriate. Broker Management: Identify and communicate, to Sales Executive, issues and opportunities requiring broker interaction. Participate in broker planning process as prescribed by the Broker Planning Best Practices. Communicate identified broker training needs to Sales Executive.
Job Opening ID:
Equal Employment Opportunity Statement:
Travelers is an equal opportunity employer.
We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.
The Select Associate Account Executive (AAE) is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies for brokers within an assigned territory. In this entry level position (i.e.; 1 to 3 yrs of experience), the incumbent is responsible for all the duties of an Account Executive for a smaller, less complex book of business. The AAE is accountable for selling and marketing all Select products as well as managing a high volume environment. The incumbent has demonstrated a solid understanding of business line products, services and process. Additionally the incumbent is trained in underwriting and marketing. The incumbent receives account supervision as necessary and is responsible for independently managing the functions of more routine accounts.
Education, Work Experience & Knowledge:
4 year college degree or related business experience preferred. Minimum 1 year of Commercial Underwriting experience is preferred.
Relevant Post Secondary experience and 1 to 3 years relevant work experience
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.
London - Ontario - Canada