Strategic Underwriter for Professional Indemnity

1 month ago

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

At Travelers, we're dedicated to providing top-notch insurance solutions for professionals and businesses. With over 160 years of experience, we've established ourselves as one of the leading property casualty insurers in the industry.

We pride ourselves on our innovative approach, collaboration-driven culture, and commitment to excellence. Join us to discover a workplace that values your growth, creativity, and contributions.

Job Summary

This is an exciting opportunity to join our team as a Development Underwriter for Professional Indemnity. As a key member of our underwriting team, you'll be responsible for assessing risks, making informed decisions, and working closely with regional or product colleagues to drive business growth.

You'll have the chance to develop and execute sales plans, build strong relationships with brokers and clients, and stay up-to-date with industry trends and best practices. If you're passionate about underwriting, have prior experience in professional indemnity risks, and are eager to take your career to the next level, this could be the perfect fit.

Responsibilities
  • Underwrite and assess risk for products and accounts from assigned brokers, making informed decisions within your authority and considering various approaches to maximize profitability.
  • Consistently manage your book of business, maintaining the quality required by regional or product underwriting strategy, and adhere to documentation standards.
  • Develop and leverage broker/client relationships through high visibility and disciplined sales management, supporting business objectives and driving growth.
  • Create and achieve sales plans for assigned brokers, identifying new business opportunities and cross-selling TICL products.
  • Collaborate with colleagues in other business units and regions to foster business development, actively participating in meetings and contributing to strategic objectives.
Requirements
  • Prior experience in underwriting professional indemnity risks, preferably with a degree education and ACII qualification.
  • Strong knowledge of industry business operations, work methods, critical issues, and financial drivers affecting the Line of Business.
  • Familiarity with the local insurance marketplace and ability to use this knowledge to the Company's advantage.
Benefits
  • Estimated salary range: £45,000 - £60,000 per annum (dependent on experience).
  • A generous holiday entitlement, starting at 25 days annually, plus the option to purchase additional days.
  • A comprehensive pension plan with core company contributions and increased contributions for employee participation.
  • A wellness programme offering tools, discounts, and resources for achieving wellness goals and caregiving needs.
  • A volunteer encouragement scheme with a matching gift and volunteer rewards programme.

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