Business Development Underwriter

2 days ago


Windsor Locks, Connecticut, United States THE TRAVELERS INDEMNITY COMPANY Full time

At THE TRAVELERS INDEMNITY COMPANY, we are seeking an experienced Business Development Underwriter to join our team. This is a unique opportunity to leverage your skills in risk management and underwriting to drive business growth and profitability.

About the Role

This position will focus on managing a book of business, underwriting and negotiating customer accounts to minimize risk and maximize profitability. You will cultivate and maintain relationships with internal partners and external partners to support market penetration objectives and identify cross-selling opportunities.

Responsibilities
  • Manage a portfolio of insurance policies and negotiate renewals and new business to optimize risk and profitability.
  • Collaborate with agents and brokers to deliver seamless underwriting experiences and solutions.
  • Foster relationships with internal stakeholders to support business development initiatives.
  • Identify and capture new business opportunities through consultative marketing and sales skills.
  • Support the execution of business plans and objectives.
Requirements
  • Bachelor's degree in a relevant field such as business, finance, or insurance.
  • Three to five years of experience in underwriting or a related field.
  • Strong critical thinking and analytical skills with the ability to make timely decisions.
  • Excellent communication and negotiation skills.
What We Offer
  • A competitive annual salary range of $83,300 - $137,400.
  • A comprehensive benefits package including health insurance, retirement plan, paid time off, and wellness program.
  • Ongoing training and development opportunities to enhance your skills and career.

The ideal candidate will have a strong background in underwriting and risk management, excellent communication and negotiation skills, and the ability to work collaboratively with internal and external stakeholders.



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