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Insurance Underwriter

2 months ago


London, Greater London, United Kingdom Travelers Full time

About Us

At Travelers, we're committed to taking care of our customers, our communities, and each other. This commitment has allowed us to maintain our reputation as one of the best property casualty insurers in the industry for over 160 years.

Job Summary

We're seeking an experienced Insurance Underwriter to join our team. As an Insurance Underwriter, you'll be responsible for producing and underwriting new and renewal business from assigned brokers in accordance with underwriting authority.

Key Responsibilities

  • Underwrite and assess risk to maximize business growth and profitability for allocated book of business
  • Actively participate and support Development Underwriters in new business, renewal, and mid-term alteration underwriting activities
  • Provide leadership and coaching to Associate Underwriters to help with their development
  • Identify and capture new business opportunities and effectively cross-sell Bond & Specialty and Business Insurance products
  • Accountable for accurate underwriting documentation/information in account management systems and adherence to documentation standards
  • Establish and maintain collaborative relationships with colleagues in other parts of the organization
  • Actively engage and seek out training opportunities to further develop underwriting and sales expertise
  • Work effectively as a productive and supportive team member in conjunction with more senior team members

Requirements

  • Chartered Insurance Institute (CII) Certification preferred
  • Previous experience of underwriting in management liability/professional indemnity/financial institutions required
  • Basic analytical thinking/financial acumen
  • Identifies current or future problems or opportunities, analyzes, synthesizes, and compares information to understand issues, identifies cause/effect relationships, and explores alternatives to support sound decision-making

Benefits

  • Private Medical Insurance: On commencement of employment, you're 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 program is comprised of tools, discounts, and resources that empower you to achieve your wellness goals and caregiving needs
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved