Account Executive Officer/Senior Underwriter

4 weeks ago


Chicago, Illinois, United States THE TRAVELERS INDEMNITY COMPANY Full time
Who We Are

We are a leading property casualty insurer with a rich history of innovation and collaboration. Our commitment to taking care of our customers, communities, and employees has earned us a reputation as one of the best in the industry.

Job Category

Underwriting

Compensation Overview

We offer a comprehensive compensation and benefits program, including a nationwide market range for this position. 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, and experience.

Salary Range

$113,000 - $187,200

Target Openings

1

What Is the Opportunity?

We are seeking a skilled Account Executive Officer to partner with agents, brokers, and customers to provide guaranteed cost and loss sensitive coverage for new and renewal business. This role requires a technical resource with the ability to independently assess complex risk and sell our products in challenging markets.

Key Responsibilities
  • Manage the profitability, growth, and retention of an assigned book of business.
  • Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability.
  • Cultivate and maintain relationships with internal partners to create sales plans and identify cross-selling opportunities.
  • Foster and maintain relationships with external partners to market and sell Travelers products.
  • Identify and capture new business opportunities using consultative marketing and sales skills.
  • Develop and execute agency sales plans and partner with the Managing Director to develop region/group sales plans.
  • May assist in the training and mentoring of less experienced Account Executives.
Requirements
  • Bachelor's degree.
  • Six to eight years of relevant underwriting experience with experience in National Accounts.
  • Deep knowledge of loss sensitive products, the regulatory environment, and the local insurance market.
  • Deep financial acumen.
  • Strong critical thinking skills with the ability to proactively identify underwriting, marketing, or financial challenges.
  • Excellent communication skills with the ability to successfully negotiate in difficult situations.
  • CPCU designation.
What's in It for You?
  • 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.
  • Paid Time Off: Start with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: Access to free professional counseling services, health coaching, and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.
Employment Practices

We are an equal opportunity employer committed to recruiting, retaining, and developing diverse talent. We celebrate differences, promote belonging, and work together to deliver extraordinary results.



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