Account Executive/Underwriter Construction Specialist

6 hours ago

Irvine, California, United States THE TRAVELERS INDEMNITY COMPANY Full time
Job Summary

We are seeking a highly skilled Account Executive/Underwriter to join our Construction team. As a key member of our team, you will be responsible for underwriting and negotiating customer accounts, managing profitability, growth, and retention of an assigned book of business, and cultivating relationships with internal and external partners.

Key Responsibilities
  • Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability.
  • Manage the profitability, growth, and retention of an assigned book of business.
  • Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and 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.
  • Identify and capture new business opportunities using consultative marketing and sales skills.
  • Develop and execute agency sales plans. Execute region/group sales plans.
Requirements
  • Bachelor's degree.
  • Three to five years of relevant underwriting experience with experience in construction risk or oil and gas.
  • Knowledge of construction risk or oil and gas products, the regulatory environment, and the local insurance market.
  • 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.
  • Communication skills with the ability to successfully negotiate with agents and brokers.
  • CPCU designation.
What We Offer
  • Health Insurance: Employees and their eligible family members are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.
Employment Practices

Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

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