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Senior Underwriter

3 months ago

City of London Greater London, United Kingdom The Travelers Companies, Inc. Full time €2,500

Taking care of our customers, our communities and each other. We’re looking for a Senior Development Underwriter to help us grow our Professions book.
As a Senior Development Underwriter with Travelers you will work with senior members of the team to set and implement strategy for Professions. You will be responsible for writing new and renewal business, interacting and collaborating with a team of regional or product colleagues and other business associates to attract new business, retain existing customers, and explore new areas of business. Using your previous experience writing similar business, you will also act as a local expert and role model for other team members, actively coaching and mentoring other Development Underwriters.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £2,500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
Underwrite and assess risk for products and accounts from assigned brokers. Consistent with TICL underwriting principles underwrite more complex accounts and risks and consider different approaches toward risks to maximise profitability (e.g., Continuously manage book of business (maintain quality of business required by regional or product underwriting strategy).
Accountable for accurate underwriting documentation and information in account management systems and adherence to documentation standards.
Embrace required working practices with allocated Underwriting Account Management resource in order to deliver appropriate and timely underwriting service on your accounts at all times.
Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and as needed, any other parts of the organisation.
In exercising own underwriting authority, assure that policies and accounts are effectively underwritten, handled and documented in compliance with company and regulatory standards and requirements.
planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development.
Work with others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives.
You will ensure you understand all compliance and regulatory requirements for your role by completing all necessary training and certifications.
As an employee we expect your actions and outcomes will at all times meet local regulatory and supervisory approaches to ensure fair treatment of our customers. University degree and/or Chartered Insurance Institute (CII) Advanced Certification or Diploma preferred.
General knowledge of industry business operations and work methods, critical business issues and financial drivers that affect the Line of Business.
General knowledge of the local insurance marketplace and effectively uses that knowledge to the Company's advantage; continuously seeks out local market insight.
Analytical Thinking/Financial Acumen: Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.