Commercial Underwriter

4 weeks ago


Glasgow, Glasgow City, United Kingdom Travelers Full time
Job Summary

We are seeking an experienced Commercial Underwriter to join our team at Travelers. As a key member of our underwriting team, you will be responsible for underwriting and negotiating routine risks to minimize risk and maximize profitability. This includes Mid Term Adjustments (MTAs) and proactive management of your portfolio to ensure key performance indicators are consistently achieved.

Key Responsibilities
  • Underwrite and negotiate routine risks to minimize risk and maximize profitability.
  • Proactively manage your portfolio to ensure key performance indicators are consistently achieved.
  • Take corrective action in collaboration with your Manager/Team based on identified risk characteristics.
  • Identify and capture opportunities to write additional lines of business using knowledge of products, risk characteristics, and appetite.
  • Proactively utilize various technology platforms to quote and bind E-Trade risk efficiently.
  • 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 to write and retain accounts consistent with our risk appetite.

Requirements
  • Some knowledge of products, the regulatory environment, and the local insurance market.
  • Inclusion: and views those differences as assets to be leveraged to accomplish business goals and objectives.
  • Industry/Competitor Analysis: Review competitor press releases, and industry trade press for helpful insights.
  • Project Management: Participate in projects that involve the implementation of non-complex, routine business and regulatory changes relating to the enhancement, maintenance, or introduction of new products.

What We Offer
  • 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.
  • 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.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts, and resources that empower you to achieve your wellness goals and caregiving needs.


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