Senior Development Underwriter

6 days ago


Manchester, United Kingdom Travelers Full time

About the Role

We are seeking a skilled Development Underwriter to join our team at Travelers. As a Development Underwriter, you will be responsible for underwriting and assessing risk for products and accounts from assigned brokers. You will make appropriate decisions within your underwriting authority and provide considered, intelligent, and complete recommendations to regional or product underwriting leadership.

Key Responsibilities

  • Underwrite and assess risk for products and accounts from assigned brokers.
  • Make prompt, sound decisions within underwriting authority and based on appropriate underwriting information.
  • Negotiate terms and conditions consistent with regional or product underwriting requirements and standards within submission timeframe.
  • Understand and execute product segment strategies to produce budgeted results.
  • Continuously manage book of business (maintain quality of business required by regional or product underwriting strategy).
  • Accountable for accurate underwriting documentation and information in account management systems and adherence to documentation standards.
  • Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and as needed, any other parts of the organisation.
  • In exercising own underwriting authority, assure that policies and accounts are effectively underwritten, handled and documented in compliance with company and regulatory standards and requirements.
  • Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (, planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
  • Effectively develop and execute sales plans for assigned brokers in conjunction with the regional sales leadership as appropriate.
  • Create and achieve sales plans that identify and capture new business opportunities and effectively cross sell TICL products.
  • Act as a responsible business partner with assigned brokers and clients, managing interests of TICL.
  • Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development.
  • Actively participate/lead regularly scheduled regional and product underwriting and/or sales meetings with your team.
  • Demonstrate superior customer service standards (consistency, quick response, knowledge of products).
  • Work with others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives.
  • Customer interaction focusing on meeting customer expectations for response time and knowledge of products and business.
  • Work strategically and tactically with brokers to ensure they have an appropriate level of understanding.
  • As an employee you are expected to act in an ethical manner at all times. You will ensure you understand all compliance and regulatory requirements for your role by completing all necessary training and certifications.
  • As an employee we expect your actions and outcomes will at all times meet local regulatory and supervisory approaches to ensure fair treatment of our customers. You will ensure you keep adequate records of all transactions undertaken with customers, brokers and all other parties.
  • Perform other duties as assigned.


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