Jobs

    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
    Description
    Who Are We? Ensure you read the information regarding this opportunity thoroughly before making an application.
    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.
    Target Openings
    1
    What Is the Opportunity?

    With support from the unit leader, you are responsible for managing the profitability of the Cargo Line of Business by underwriting and processing new business, renewals and midterm adjustments, monitoring rate adequacy of all business written or handled for the Line of Business.

    This role ensures the Line of Business strategy is executed and reviewed and performance/results are monitored, reviewed and reported upon as required.

    As a Segment Expert, the role requires continuous learning and knowledge updating to maintain expertise.
    What Will You Do?
    Manage the underwriting of a particular Line of Business.

    Support the overall profitability, growth and retention of the Line of Business line and consistency of all related underwriting initiatives.

    Ensure that the business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with: individual underwriting authority where relevant, with approval under the Lloyd's Individual Registration Byelaw and the Unit's business plan for the relevant year.

    Support the development of assigned Line of Business and services such as researching and identifying the target business, competitor information, industry and economic factors across the business.

    May utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.

    May prepare the analysis and gather data to support the professional execution of corporate/business underwriting policies/standards.
    Work closely with other business functions to allow optimum use of resources available with the organisation.
    Monitor Line of Business results (i.e. line profitability analysis, quarterly loss trends, utilisation/productivity, etc.) and make recommendations for corrective action as necessary.
    Monitor market factors and world affairs as part of research and development of new opportunities.

    Promote Travelers' Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.

    Provides guidance, mentoring and coaching as appropriate.
    Perform other duties as assigned.
    What Will Our Ideal Candidate Have?
    Degree Education preferred.

    Thorough knowledge of industry business operations and work methods, critical business issues and financial drivers that affect the Line of Business.

    Thorough knowledge of the local insurance marketplace and effectively uses that knowledge to the Company's advantage; continuously seeks out local market insight.

    Routinely sought out by others as a knowledge resource; coaches / mentors less experienced employees on an ongoing basis.

    Demonstrates full knowledge and experience in respect of

    Business Perspective:
    Uses knowledge of internal and external factors that impact the Lloyd's Market to make decisions.
    Demonstrates Intermediate knowledge and experience in respect of Analytical Thinking/

    Financial Acumen:

    Identifies current or future problems or opportunities, analyses, synthesises and compares information to understand issues, identifies cause/effect relationships, and explores alternatives to support sound decision making.

    Utilises understanding of finance and accounting principles to identify the impact of responsible underwriting decisions on the overall profitability of the business.

    Demonstrates full knowledge and experience in respect of

    Relationship Management:
    Seeks out, builds, fosters and maintains productive relationships or alliances to meet goals and achieve objectives.
    Makes sound quoting and pricing decisions that are in the Company's best interests.
    ACII qualification preferred.
    What is a Must Have?
    Thorough underwriting experience in the Lloyd's and/or company market required.
    What Is in It for You?

    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 basic contribution of 9% of pensionable salary to your Group Personal Pension Plan ("GPPP").

    If you decide to contribute an additional amount from your salary, you will receive an increased company contribution up to a maximum of 3%.

    This would bring the total company contribution to 12%.

    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 and resources that empower you to achieve your wellness goals.

    In addition, our Employee Assistance programme provides access to professional counseling services and other resources to support your daily life needs.

    Through the EAP, 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 programme that enables you to give back to the charity of your choice.

    Employment Practices
    Travelers 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
  • ARCUS SEARCH LIMITED

    Senior Underwriting Assistant

    1 week ago

    ARCUS SEARCH LIMITED City of London, United Kingdom

    **Senior Underwriting Assistant** · Do you have strong experience in Insurance and understand the Lloyd's market and want to further your expertise to grow, develop and work side by side with leading Underwriters? · This is an exciting opportunity to join a class leading Lloyd's ...

  • Allied World

    Underwriter/Senior Underwriter

    1 week ago

    Allied World City of London, Greater London, United Kingdom

    Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. · We are focused on providing superior customer service and creative ris ...

  • IDEX CONSULTING LTD

    Senior Underwriter

    6 days ago

    IDEX CONSULTING LTD City of London, Greater London, United Kingdom £90,000 - £120,000

    Technology Underwriter · 90,000 - £120,000 + benefits package · An International Specialty Insurer looking to build out their national Technology insurance team, is seeking an experienced Underwriter in London. This business have a market-leading wording and experience handling c ...

  • Valorem Partners

    Senior Underwriter

    1 week ago

    Valorem Partners City of London, Greater London, United Kingdom

    Job Title: Bridging Underwriter · Learn more about the general tasks related to this opportunity below, as well as required skills. · Position: Permanent, Mon-Fri · Location: West End, London, office Mon -Thurs – WFH on Friday · Salary flexible - depends on experience + Bonus +Ge ...

  • Eames Consulting

    Senior Underwriter

    3 weeks ago

    Eames Consulting City of London, Greater London, United Kingdom

    Eames are currently working exclusively with a leading global insurer who are looking to hire a Senior Underwriter in Technology to their team. In this role, you will take charge of writing the UK primary portfolio within the tech space, emphasizing new business development and m ...

  • The Travelers Companies, Inc.

    Senior Underwriter

    2 weeks ago

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

    Taking care of our customers, our communities and each other. We are looking for a Marine Cargo Underwriter with London Market experience to join our Marine Cargo, Fine Art & Specie team at an exciting time of growth and change. You'll work closely with the Managing Senior Underw ...

  • The Travelers Companies, Inc.

    Senior Underwriter

    2 weeks ago

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

    Who Are We? For a complete understanding of this opportunity, and what will be required to be a successful applicant, read on. · Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputa ...

  • The Travelers Companies, Inc.

    Senior Underwriter

    2 weeks ago

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

    Taking care of our customers, our communities and each other. 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 ...

  • The Travelers Companies, Inc.

    Senior Underwriter

    1 week ago

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

    Who Are We? · Make your application after reading the following skill and qualification requirements for this position. · 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 ...

  • IDEX Consulting

    Technology Underwriter/Senior Underwriter

    3 weeks ago

    IDEX Consulting City of London, Greater London, United Kingdom

    An entrepreneurial and forward-thinking insurance business is looking to attract a like-minded individual to their London team as a Professional Indemnity Underwriter. This nimble business has very generous share options and a strong pension on offer, alongside PMI, life assuranc ...

  • The Travelers Companies, Inc.

    Senior Underwriter

    1 week ago

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

    Who Are We? · The information below covers the role requirements, expected candidate experience, and accompanying qualifications. · Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our repu ...

  • Allied World

    Senior Underwriter

    1 week ago

    Allied World City of London, Greater London, United Kingdom

    Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. · Considering applying for this job Do not delay, scroll down and make y ...

  • The Travelers Companies, Inc.

    Technology Underwriter/Senior Underwriter

    2 weeks ago

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

    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 t ...

  • China Taiping Insurance (UK) Co Ltd

    Commercial Senior Underwriter

    1 week ago

    China Taiping Insurance (UK) Co Ltd City of London, Greater London, United Kingdom

    Collaborate with partner brokers and across Underwriting and Operations to routinely review scheme performance, identify opportunities to grow, improve the proposition, improve profitability and find efficiencies · • Identifying poorly performing accounts and investigating reason ...

  • The Travelers Companies, Inc.

    Senior Risk Underwriter

    2 weeks ago

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

    Check below to see if you have what is needed for this opportunity, and if so, make an application asap. · Taking care of our customers, our communities and each other. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers i ...

  • The Travelers Companies, Inc.

    Senior Development Underwriter

    1 week ago

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

    Who Are We? · Hit Apply below to send your application for consideration Ensure that your CV is up to date, and that you have read the job specs first. · Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we ha ...

  • The Travelers Companies, Inc.

    Senior Development Underwriter

    2 weeks ago

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

    Who Are We? Check below to see if you have what is needed for this opportunity, and if so, make an application asap. · 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 on ...

  • The Travelers Companies, Inc.

    Senior Development Underwriter

    2 weeks ago

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

    Who Are We? The experience expected from applicants, as well as additional skills and qualifications needed for this job are listed below. · Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintaine ...

  • The Travelers Companies, Inc.

    Senior Development Underwriter

    1 week ago

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

    Who Are We? · Find out if this opportunity is a good fit by reading all of the information that follows below. · 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 th ...

  • The Travelers Companies, Inc.

    Senior Risk Underwriter

    2 weeks ago

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

    Taking care of our customers, our communities and each other. We're looking for a Senior Development Underwriter to help us grow our Professions book. · As a Senior Development Underwriter with Travelers you will work with senior members of the team to set and implement strategy ...