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    Technology Underwriter/Senior Underwriter - City of London, Greater London, United Kingdom - The Travelers Companies, Inc.

    The Travelers Companies, Inc.
    The Travelers Companies, Inc. City of London, Greater London, United Kingdom

    2 weeks ago

    Default job background
    Part time
    Description
    Taking care of our customers, our communities and each other. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Travelers Technology Practice is growing


    In this role, you will underwrite and retain renewal business through solution based technical underwriting and close client relationship management delivered through first class execution of the Technology proposition.


    You will consistently achieve superior financial results (retention, pricing, new business, profitability) through superior execution of Technology Business underwriting strategies.

    Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy.

    This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees).

    This policy may be changed at the Company's discretion.

    Underwrite and assess risk for accounts from assigned brokers.

    Consistent with Business Insurance (BI)BI underwriting principles underwrite more complex accounts and risks and consider different approaches toward risks to maximise profitability (e.g., Continuously manage book of business (maintain quality of business required by Technology Business underwriting strategy).

    Accountable for accurate underwriting documentation and information in account management systems and adherence to documentation standards.

    Embrace required working practices with allocated Underwriting Account Management resource in order to deliver appropriate and timely underwriting service on your accounts at all times.

    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.

    planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives and delivering the Technology proposition.
    Create and achieve sales plans that identify and capture new business opportunities and effectively cross sell BI products.
    Act as a responsible business partner with assigned brokers and clients, managing interests of Technology and BI overall.
    Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development.
    Work with others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives.

    Work strategically and tactical with brokers to ensure they have an appropriate level of understanding of Technology goals and objectives.

    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.

    Extensive experience of writing Technology accounts/overseas exposures.
    Significant experience directly managing/engaging with Technology Clients.
    General knowledge of the local insurance marketplace.

    General knowledge of organisational and regulatory rules, policies and procedures and effectively employs that knowledge in day to day work activities.

    Demonstrates intermediate knowledge and ability in respect of Microsoft Office systems including Excel and Powerpoint.

    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


    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.

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