Construction Surety Underwriter Trainee
6 days ago
At 020 Travelers Indemnity Co, we're committed to delivering exceptional products and services to our customers. Our company culture is built on innovation, collaboration, and a passion for excellence.
Job CategoryUnderwriting
Compensation OverviewThe annual base salary range for this position is a nationwide market range, representing a broad range of salaries for this role across the country. The actual salary will be determined by factors such as the scope, complexity, and location of the role, as well as the candidate's skills, education, training, credentials, and experience. As part of our comprehensive compensation and benefits program, employees are eligible for performance-based cash incentive awards.
Salary Range$56,000 - $93,100.00
Target Openings1
Job OpportunityAs a Surety Bond Underwriter Trainee, you will play a dynamic role that combines evaluating and analyzing financial and business risk, building relationships, and selling and negotiating with clients, agents, and brokers. You will work with a collaborative team of underwriters to develop your underwriting skillsets through a blend of mentorship, classroom instruction, and on-the-job training.
Key Responsibilities- Gather and analyze pertinent information, including financial statements, to evaluate the acceptability of business risk.
- Build relationships with agents, brokers, and insured clients to help achieve business goals.
- Undergo extensive training to underwrite, market to, negotiate with, and influence agents and brokers to manage a profitable book of business.
- Develop and understand relationships with Travelers employees within the business unit and across the enterprise 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.
- Applicable professional experience.
- Ability to take the initiative on tasks and learn the industry, product line, and internal programs and platforms.
- Effective verbal, written, and listening communication skills.
- Ability to leverage analytical skills.
- Health Insurance: Employees and their eligible family members are eligible for coverage from the first day of employment.
- Retirement: Travelers matches 401(k) contributions dollar-for-dollar up to 5% of eligible pay, subject to an annual maximum. Employees are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program provides tools, discounts, and resources to empower employees to achieve their wellness goals and caregiving needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables employees to give back to the charity of their choice.
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 our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
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