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Corporate Underwriter

1 month ago


Manchester, United Kingdom The Travelers Companies, Inc. Full time
Role Overview

We are seeking a highly skilled Corporate Underwriter to join our team in Manchester or Leeds. As a key member of our Corporate team, you will be responsible for producing and underwriting new and renewal business, providing superior service, business retention, and responsiveness to new business submissions.

Key Responsibilities
  • Underwrite and assess risk to maximize business growth and profitability for allocated book of business.
  • Make appropriate decisions within own underwriting authority, in addition to considered, intelligent, and complete recommendations to technical underwriting/business leadership.
  • Provide leadership and coaching, as appropriate, for Associate Underwriter to help with their development and ensure that their roles and responsibilities are delivered.
  • 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, including Head Office, Risk Control, Distribution, Claims, Actuarial, etc., as needed.
  • Actively engage and seek out training opportunities to further develop underwriting and sales expertise.
Requirements
  • University degree preferred.
  • Working knowledge of the local insurance marketplace.
  • Demonstrates an ability and desire to learn about the enterprise and business unit critical business issues and financial drivers.
  • General knowledge of organizational and regulatory rules, policies, and procedures and effectively employs that knowledge in day-to-day work activities.
  • Basic Product/Technical proficiency commensurate to incumbent's underwriting authority.
  • Demonstrates basic ability in the areas of customer focus and positive broker interaction.
  • Basic ability to effectively coach others and provide feedback that is clear, concise, and professional.
  • Chartered Insurance Institute (CII) Certification preferred.
What We Offer
  • 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. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • 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. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.