Travelers Account Executive, Global Underwriter in Hartford, Connecticut
Account Executive, Global Underwriter
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.
Underwrites moderately complex accounts for all commercial property and casualty lines of business within account authority with general supervision. Independently establishes the US regulatory compliance strategy for individual accounts/book of business in accordance with overall business strategy. Has a solid understanding of the business, agents and brokers. May coach less experienced Account Executives.
Job Opening ID:
Travel 10-25% of time.
Equal Employment Opportunity Statement:
Travelers is an equal opportunity employer.
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.
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.
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.
Operates standard office equipment (Continuously). Sitting (can stand at will) (Frequently). Use of Keyboards, Sporadic 10-Key (Frequently). Driving (Occasionally).
2 years of Property & Casualty underwriting experience required.
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.
Licensing or Certificates:
Valid drivers license or alternate means of personal transportation. CPCU designation preferred in some lines of business.
Hartford - Connecticut - United States
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