Travelers
Associate Account Executive/Underwriter - Management Liability
Travelers, Saint Louis, Missouri, United States, 63146
Overview
Associate Account Executive/Underwriter - Management Liability. This role is part of Bond & Specialty Insurance, focusing on management and professional liability insurance and related coverages for private and non-profit organizations. The position involves evaluating risk, building client relationships, and contributing to profitability and growth of the book of business. What Is the Opportunity?
As an underwriter, you will evaluate financial and business risk, and work with clients, agents, and brokers to negotiate and market Travelers products. The role supports coverage areas including Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, CyberRisk, Kidnap and Ransom, Crime, and Identity Fraud Expense Reimbursement. The Associate Account Executive (AAE) will build relationships with agents and brokers to provide insurance or surety solutions and will analyze risk to achieve business goals within an assigned book of business. The AAE is expected to be decisive, detail-oriented, and to develop internal and external relationships to drive results, assess risk, and sell products in alignment with Travelers’ risk appetite. What Will You Do?
Manage the profitability, growth, and retention of a typically smaller assigned book of business. Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability. Partner with leadership and execute underwriting strategies across your book of business to achieve profit and growth objectives. Cultivate and maintain relationships with internal partners to identify cross-selling opportunities. Maintain relationships with external partners by meeting with agents and brokers to market and sell Travelers products; travel may be required. Identify and capture new business opportunities using consultative marketing and sales skills. Execute agency, region, and group sales plans with guidance from management. Perform other duties as assigned. What Will Our Ideal Candidate Have?
Applicable professional experience. Bachelor’s degree. One to three years of applicable underwriting experience. Working knowledge of products, the regulatory environment, and local market conditions. Critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze information to make decisions in alignment with our risk appetite. Communication skills with the ability to negotiate with agents and brokers. What is a Must Have?
One year of related professional experience. What Is in It for You?
Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – 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, with additional programs noted (e.g., Paying it Forward Savings Program and Pension Plan). Paid Time Off: Minimum of 20 days PTO annually, plus nine paid holidays. Wellness Program: Tools, discounts, resources, and mental health support. Volunteer Encouragement: Matching Gift and Volunteer Rewards programs to support charitable giving and volunteering. Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize the benefits of diversity. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate with questions regarding the physical requirements of this role, please contact us. Travelers reserves the right to fill this position at a level above or below the level included in this posting. For more information about benefits, visit http://careers.travelers.com/life-at-travelers/benefits/.
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Associate Account Executive/Underwriter - Management Liability. This role is part of Bond & Specialty Insurance, focusing on management and professional liability insurance and related coverages for private and non-profit organizations. The position involves evaluating risk, building client relationships, and contributing to profitability and growth of the book of business. What Is the Opportunity?
As an underwriter, you will evaluate financial and business risk, and work with clients, agents, and brokers to negotiate and market Travelers products. The role supports coverage areas including Directors and Officers Liability, Employment Practices Liability, Fiduciary Liability, CyberRisk, Kidnap and Ransom, Crime, and Identity Fraud Expense Reimbursement. The Associate Account Executive (AAE) will build relationships with agents and brokers to provide insurance or surety solutions and will analyze risk to achieve business goals within an assigned book of business. The AAE is expected to be decisive, detail-oriented, and to develop internal and external relationships to drive results, assess risk, and sell products in alignment with Travelers’ risk appetite. What Will You Do?
Manage the profitability, growth, and retention of a typically smaller assigned book of business. Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability. Partner with leadership and execute underwriting strategies across your book of business to achieve profit and growth objectives. Cultivate and maintain relationships with internal partners to identify cross-selling opportunities. Maintain relationships with external partners by meeting with agents and brokers to market and sell Travelers products; travel may be required. Identify and capture new business opportunities using consultative marketing and sales skills. Execute agency, region, and group sales plans with guidance from management. Perform other duties as assigned. What Will Our Ideal Candidate Have?
Applicable professional experience. Bachelor’s degree. One to three years of applicable underwriting experience. Working knowledge of products, the regulatory environment, and local market conditions. Critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze information to make decisions in alignment with our risk appetite. Communication skills with the ability to negotiate with agents and brokers. What is a Must Have?
One year of related professional experience. What Is in It for You?
Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – 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, with additional programs noted (e.g., Paying it Forward Savings Program and Pension Plan). Paid Time Off: Minimum of 20 days PTO annually, plus nine paid holidays. Wellness Program: Tools, discounts, resources, and mental health support. Volunteer Encouragement: Matching Gift and Volunteer Rewards programs to support charitable giving and volunteering. Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize the benefits of diversity. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate with questions regarding the physical requirements of this role, please contact us. Travelers reserves the right to fill this position at a level above or below the level included in this posting. For more information about benefits, visit http://careers.travelers.com/life-at-travelers/benefits/.
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