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Senior Risk Assessor - City of London, Greater London, United Kingdom - The Travelers Companies, Inc.
Description
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 collaboration. We are looking for a Senior Underwriter to join our Hull team in London.Using your previous experience in a similar role you will be support the unit leader in managing the profitability of the book, by underwriting and processing new business, renewals and midterm adjustments, monitoring rate adequacy of all business written or handled.
You will be instrumental in ensuring that business strategy is executed and reviewed and performance/results are monitored, reviewed and reported upon as required.
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.Be Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about.
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.
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.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.
connect with the right partners internally to find creative solutions to problems; 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.
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.
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")
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.