Construction Surety Underwriter

4 weeks ago

Richmond, Virginia, United States THE TRAVELERS INDEMNITY COMPANY Full time
Underwriting Development Program

The Bond and Specialty Insurance division of THE TRAVELERS INDEMNITY COMPANY is seeking a talented individual to join our Construction Surety team in an Underwriting Development Program role. This is an opportunity to work with a dedicated collaborative team of underwriters in a highly visible and challenging role.

Our Underwriting Professional Development Program (UPDP) provides participants with the opportunity to build a unique and successful career within a highly specialized niche of the insurance industry. From the construction of the Hoover Dam to the renovation of the Statue of Liberty, Travelers' Construction Services provides performance guarantees and related services to general and heavy contractors, construction managers, and subcontractors.

As a Construction Surety Underwriter, you will be responsible for gathering and analyzing pertinent information, including financial statements, to evaluate the acceptability of business risk. You will also build relationships with agents, brokers, and insured clients to help achieve business goals. Additionally, you will undergo extensive training to underwrite, market to, negotiate with, and influence agents and brokers to manage a profitable book of business.

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.

Requirements:
  • Applicable professional experience.
  • Ability to take the initiative on tasks and learn the industry, product line, and internal programs and platforms.
  • Demonstrates effective verbal, written, and listening communication skills.

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.

Employment Practices: THE TRAVELERS INDEMNITY COMPANY 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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