Senior Underwriter - Excess Casualty - Account Executive Officer
Company: The Travelers Companies, Inc.
Location: Walnut Creek
Posted on: January 27, 2023
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Job Description:
Who Are We?Taking care of our customers, our communities and
each other. That's the Travelers Promise. By honoring this
commitment, we have maintained our reputation as one of the best
property casualty insurers in the industry for over 160 years. Join
us to discover a culture that is rooted in innovation and thrives
on collaboration. Imagine loving what you do and where you do
it.Compensation OverviewThe annual base salary range provided for
this position is a nationwide market range and represents a broad
range of salaries for this role across the country. The actual
salary for this position will be determined by a number of factors,
including the scope, complexity and location of the role; the
skills, education, training, credentials and experience of the
candidate; and other conditions of employment. As part of our
comprehensive compensation and benefits program, employees are also
eligible for performance-based cash incentive awards.Salary
Range$103,300.00 - $170,400.00Target Openings1What Is the
Opportunity?Excess Casualty offers protection against unforeseen
catastrophic losses where additional layers of insurance are
needed-from devastating auto accidents to product liability claims,
which can result in multimillion-dollar lawsuits. The Account
Executive Officer (AEO), Excess Casualty will partner with agents
and brokers to provide coverage for new and renewal business based
on customers' needs. This role is seen as a technical resource. As
an AEO, you are decisive, detail-oriented, and know how to build
relationships internally and externally to drive results. Your
ability to independently assess complex risk and sell our products
in challenging markets will contribute to the profitability and
success of Travelers.Travelers offers a hybrid work location model
that is designed to support flexibility. What Will You Do?Manage
the profitability, growth, and retention of an assigned book of
business.Underwriter and skillfully negotiate complex customer
accounts to minimize risk and maximize profitability.Cultivate and
maintain relationships with internal partners within the business
unit and across the enterprise to create sales plans and identify
cross-selling opportunities.Foster and maintain relationships with
external partners by regularly meeting in person with agents and
brokers to market and sell Travelers products with a goal of
writing and retaining accounts consistent with our risk appetite.
Must be able to travel to such meetings.Identify and capture new
business opportunities using consultative marketing and sales
skills.Independently develop and execute agency sales plans and
frequently partner with your Managing Director (MD) to develop
region/group sales plans.May assist in the training and mentoring
of less experienced Account Executives.Perform other duties as
assigned.What Will Our Ideal Candidate Have?Bachelor's degree.Six
to eight years of relevant underwriting experience with experience
in commercial linesDeep knowledge of commercial lines products, the
regulatory environment, and the local insurance market.Strong
critical thinking skills with the ability to proactively identify
underwriting, marketing, or financial challenges and analyze
available information to make timely decisions in alignment with
our risk appetite.Excellent communication skills with the ability
to successfully negotiate in difficult situations with agents and
brokers.CPCU designation.What is a Must Have?Four years of
underwriting experience.What Is in It for You?Health Insurance:
Employees and their eligible family members - including spouses,
domestic partners, and children - are eligible for coverage from
the first day of employment.Retirement: Travelers matches your
401(k) contributions dollar-for-dollar up to your first 5% of
eligible pay, subject to an annual maximum. If you have student
loan debt, you can enroll in the Paying it Forward Savings Program.
When you make a payment toward your student loan, Travelers will
make an annual contribution into your 401(k) account. You are also
eligible for a Pension Plan that is 100% funded by Travelers.Paid
Time Off: Start your career at Travelers with a minimum of 20 days
Paid Time Off annually, plus nine paid company Holidays.Wellness
Program: The Travelers wellness program is comprised of tools and
resources that empower you to achieve your wellness goals. In
addition, our Life Balance program provides access to professional
counseling services, life coaching and other resources to support
your daily life needs. Through Life Balance, you're eligible for
five free counseling sessions with a licensed therapist.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 program that enables you to
give back to the charity of your choice.Employment
PracticesTravelers is an equal opportunity employer. We value the
unique abilities and talents each individual brings to our
organization and recognize that we benefit in numerous ways from
our differences.If you are a candidate and have specific questions
regarding the physical requirements of this role, please send us an
email so we may assist you.Travelers reserves the right to fill
this position at a level above or below the level included in this
posting.To learn more about our comprehensive benefit programs
please visit 0
Keywords: The Travelers Companies, Inc., Walnut Creek , Senior Underwriter - Excess Casualty - Account Executive Officer, Other , Walnut Creek, California
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