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The Travelers Companies, Inc. City of London, Greater London, United Kingdom £2,500Who Are We? · Are you the right candidate for this opportunity Make sure to read the full description 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 the ...
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Underwriter, Property - 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 Development Underwriter in Professional Indemnity team to join us on a 12 month fixed term contract covering a maternity leave.
Travelers is one of the top names in professional indemnity insurance because of our industry-specific knowledge and market-leading approach to coverage.
That's why lawyers, accountants and professionals in many other fields have purchased cover from Travelers.You will ideally have prior experience in underwriting Professional Indemnity risks .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.This role is eligible for a £1,500 new joiner bonus.
If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
Underwrite and assess risk for products and accounts from assigned brokers.Consistent with Travelers Insurance Company Limited (TICL) underwriting principles, underwrite 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 regional or product 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.
Actively engage and seek out training opportunities to further develop underwriting expertise.Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g. planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development.
Assist others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives.
Education, Work Experience, & Knowledge
Working knowledge of industry business operations and work methods, critical business issues and financial drivers that affect the Line of Business.
Working knowledge of the local insurance marketplace and effectively uses that knowledge to the Company's advantage; continuously seeks out local market insight.
Analytical Thinking/Financial Acumen:
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.
