Account Underwriter

4 weeks ago


London, Greater London, United Kingdom Travelers Full time
About the Role

We are seeking an experienced SME Underwriter to join our team on a 12-month fixed-term contract or secondment opportunity. As an SME Underwriter, you will be responsible for managing the profitability, growth, and retention of an assigned book of business comprised of low to moderately complex accounts across most of our products.

Key Responsibilities
  • Underwrite and skillfully negotiate risks to minimize risk and maximize profitability, including Mid Term Adjustments (MTAs).
  • Proactively manage your portfolio, ensuring key performance indicators are consistently achieved and you actively target new business and retention.
  • Identify and take corrective action in collaboration with your Manager / Team on individual risk characteristics identified through Portfolio Management.
  • Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to identify cross-selling opportunities.
  • Foster and maintain relationships with brokers by phone, email, or other communication channels to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite.
Requirements
  • Good knowledge of products, the regulatory environment, and the local insurance market.
  • Good experience of underwriting, product knowledge, financial analysis, or risk assessment experience.
  • Ability to work in a hybrid environment, with flexibility to work from home and in the office.
What We Offer

We offer a competitive salary, a £1,000 new joiner bonus, and the opportunity to work with a leading insurance company. If you are successful in your application, you will also be eligible for a referral bonus.

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.


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