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Architect & Engineers Professional Liability, Senior Underwriter
2 months ago
Who Are We?
Solid reputation, passionate people and endless opportunities. 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.
The Bond & Specialty Insurance (B&SI) group at Travelers provides a broad array of competitive management liability, professional liability and surety products and coverages to businesses of all sizes. This Account Executive Officer (AEO), Bond & SI role will partner with brokers to provide Architect & Engineers professional liability for new and renewal business based on customers' needs. This role is seen as a technical resource. Your ability to independently assess complex risk and promote our products in challenging markets will contribute to the profitability and success of Travelers.
Responsible for the profitability, growth, and retention of an assigned book of business through advanced knowledge and understanding of Travelers risk appetite to make appropriate decisions within own underwriting authority.
Underwrite and skillfully negotiate complex customer accounts to minimize risk and maximize profitability.
Develop and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities.
Develop, foster and maintain relationships with external partners by regularly meeting with brokers to market and promote Travelers products, leveraging a full range of product knowledge, with a goal of writing and retaining accounts consistent with our risk appetite.
May assist in the training and mentoring of less experienced Account Executives.
Bachelor’s degree in a finance-related discipline
Six to eight years of finance-related experience or management liability, professional liability and/or surety underwriting experience
Deep knowledge of management liability, professional liability and/or surety products, the regulatory environment, and the local insurance market
Relevant experience interacting with brokers
Associateship of Canadian Surety Bonding designation
Strong financial acumen, including the ability to analyze financial statements and client’s operational history
Strong critical thinking skills with the ability to proactively identify underwriting, marketing or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite
Excellent communication skills, with the ability to successfully negotiate with brokers in difficult situations
What is a Must Have?
Four years of finance-related experience or relevant insurance or underwriting experience
Valid driver’s license or alternative means of transportation
Travel 10-25% of time
What Is in It for You?
Health Insurance: Employees and their eligible family members – including spouses, partners, and children – are eligible for coverage from the first day of employment.
Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). You will also receive twelve paid company Holidays.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. We are committed to providing accommodation to persons with disabilities.