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Development Underwriter

2 months ago


London, Greater London, United Kingdom Travelers Full time

About the Role

We are seeking a highly skilled Development Underwriter to join our Professional Indemnity team on a 12-month fixed-term contract. As a key member of our team, you will be responsible for underwriting and assessing risk for products and accounts from assigned brokers.

Key Responsibilities

  • Underwrite and assess risk for products and accounts from assigned brokers, making appropriate decisions within your underwriting authority.
  • Consistently apply Travelers' underwriting principles to underwrite accounts and risks, considering different approaches to maximize profitability.
  • Negotiate terms and conditions with brokers, ensuring timely and accurate underwriting documentation.
  • Manage your book of business, maintaining the quality of business required by our underwriting strategy.
  • Accurately document underwriting information in account management systems and adhere to documentation standards.
  • Develop and leverage broker/client relationships through high-level visibility and disciplined sales management.
  • Create and achieve sales plans for assigned brokers, identifying and capturing new business opportunities.
  • Collaborate with colleagues in other business units and regions to foster business development.
  • Participate in regular underwriting and sales meetings, demonstrating superior customer service standards.

Requirements

  • Previous experience in underwriting solicitors' professional indemnity is required.
  • Degree education is preferred.
  • Working knowledge of industry business operations, critical business issues, and financial drivers that affect our Line of Business.
  • ACII qualification is preferred.

What We Offer

  • Private medical insurance with the option to add cover for dependents.
  • Retirement plan with core contribution and increased company contribution for plan participants.
  • Holiday entitlement with the opportunity to purchase additional days.
  • Wellness program with tools, discounts, and resources to support your well-being.
  • Volunteer encouragement with a matching gift and volunteer rewards program.

Travelers' Commitment

Travelers is an equal opportunity employer, valuing the unique abilities and talents each individual brings to our organization. We recognize that we benefit in numerous ways from our differences.