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Account Executive Officer, Select Underwriting Specialist
2 months ago
We are seeking a highly skilled Account Executive Officer to join our Select Underwriting team. As a key member of our team, you will be responsible for managing the profitability, growth, and retention of an assigned book of business in a high-volume, fast-paced environment.
Key Responsibilities- Underwrite and skillfully negotiate complex property and casualty accounts to minimize risk and maximize profitability.
- Ensure underwriting quality and profitability through application of the appropriate level of underwriting analysis based on risk complexity to accept, decline, modify, or rate and quote accounts.
- 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.
- Partner with Sales Executives to identify and write new business opportunities using consultative marketing and sales skills.
- Collaborate effectively with underwriting leadership, as appropriate.
- 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 commercial lines.
- Deep knowledge of commercial lines products.
- Advanced 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.
- 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.
