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Construction Underwriter
1 month ago
At Travelers Insurance, we're committed to delivering exceptional products and services to our customers. As an Account Executive Officer, Construction, you'll play a critical role in achieving this goal by partnering with agents and brokers to provide coverage for new and renewal business based on customers' needs.
Key Responsibilities:- Manage the profitability, growth, and retention of an assigned book of business.
- Underwrite and skillfully negotiate complex customer accounts to minimize risk and maximize profitability.
- 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.
- Independently develop and execute agency sales plans and frequently partner with your Managing Director (MD) to develop region/group sales plans.
- May assist in the training and mentoring of less experienced Account Executives.
- Bachelor's degree.
- Six to eight years of relevant underwriting experience with experience in construction risk or oil and gas.
- Deep 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.
- Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers.
- CPCU designation.
- Competitive salary and bonus structure.
- Comprehensive benefits package, including health insurance, retirement plan, and paid time off.
- Opportunities for professional growth and development.
- A dynamic and supportive work environment.
We're an equal opportunity employer and welcome applications from diverse candidates. If you're passionate about delivering exceptional results and building strong relationships, we encourage you to apply for this exciting opportunity.