Jobs
>
London

    Technology Senior Underwriter - London, United Kingdom - The Travelers Companies, Inc.

    The Travelers Companies, Inc.
    The Travelers Companies, Inc. London, United Kingdom

    2 weeks ago

    Default job background
    Description
    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 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?
    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.

    Interact and collaborate with a team of regional or product colleagues and other internal/external business associates. Position involves both underwriting and sales. Includes direct responsibility for broker and client development and management within a defined book of business. Act as an expert and role model for other team members.
    This role is eligible for a £2500 new joiner referral 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.

    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.
    What Will You Do?
    Underwrite and assess risk for accounts from assigned brokers.

    Make appropriate decisions within own underwriting authority in addition to considered, intelligent, and complete recommendations to regional underwriters or product underwriting leadership.

    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., pricing, retention, endorsements, limits, indemnity, security).

    Make prompt, sound decisions within underwriting authority and based on appropriate underwriting information. Negotiate terms and conditions consistent with regional or product underwriting requirements and standards within submission timeframe.
    Understand and execute Underwriting strategies to produce budgeted results.
    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.

    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 and delivering the Technology proposition.

    Effectively develop and execute sales plans for assigned brokers and clients in conjunction with delivering on client retention.
    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.
    Actively participate in regularly scheduled regional and underwriting and/or sales meetings.
    Demonstrate superior customer service standards (consistency, quick response, knowledge of products).
    Work with others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives.
    Customer interaction focusing on meeting customer expectations for response time and knowledge of products and business.

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

    Represent the organisation.
    As an employee you are expected to act in an ethical manner at all times.

    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.

    You will ensure you keep adequate records of all transactions undertaken with customers, brokers and all other parties.
    Perform other duties as assigned.
    What Will Our Ideal Candidate Have?
    The ability to professionally collaborate with International and Enterprise Underwriting.
    ACII preferred.
    What is a Must Have?
    Extensive experience of writing Technology accounts/overseas exposures.
    Significant experience directly managing/engaging with Technology Clients.
    Proven experience in underwriting.
    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.

    Intermediate knowledge and ability required in respect of analytical thinking, judgement, decision making, communication and strong team work. Demonstrates proven ability in enhanced retention strategies.
    Demonstrates intermediate ability in the areas of customer focus and positive broker interaction.
    Demonstrates intermediate knowledge and ability in respect of Microsoft Office systems including Excel and Powerpoint.
    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 core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.

    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.

    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
  • Eames Consulting

    Senior Underwriter

    1 week ago

    Eames Consulting London, United Kingdom

    Underwriter - Professional Indemnity · Eames are currently working exclusively with a leading company market on the appointment of a Senior Underwriter in PI. This is a unique opportunity to work across a portfolio with both US and international risks and across a broad range of ...

  • The City & Capital Group

    Senior Underwriter

    1 week ago

    The City & Capital Group London, United Kingdom

    The City & Capital Group are delighted to be representing one of the most respected and successful specialist property finance lenders who have retained our services in order to appoint a confident and diligent Senior Underwriter to their growing team atan exciting time. · Our cl ...

  • Allied World Assurance Company

    Senior Underwriter

    2 weeks ago

    Allied World Assurance Company London, United Kingdom

    **Senior Underwriter - Real Estate/Property Owners, Europe Commercial Division** **-** **(** **)** · **Description** · At Allied World we have over 1,400 talented and loyal employees working in 20 offices globally who service clients throughout the world. We are focused on provid ...

  • RSA

    Senior Underwriter

    1 week ago

    RSA London, United Kingdom

    **Introduction** · At RSA we believe that insurance is about people, not things. Our inspiring colleagues focus on shaping the future by helping people, business and society prosper in good times, and be resilient in bad times. This is the foundation on which we operate. We are a ...

  • Shawbrook Bank

    Senior Underwriter

    2 weeks ago

    Shawbrook Bank London, United Kingdom

    Customer Service & Experience · London, Brentwood, Peterborough, Birmingham, Glasgow or Manchester, England, GB · Posted on January 23, 2024 · **The Opportunity**: · Shawbrook is a specialist bank driven by a purpose to power up ingenuity to create opportunity, every single day. ...

  • Hiscox

    Senior Underwriter

    2 weeks ago

    Hiscox London, United Kingdom

    job description: · **About the team/division** · Hiscox has been writing Marine & Energy Liability insurance as part of the wider Marine & Energy Division in London Market for many years and is viewed as one of the leading Markets in the class. The Marine & Energy Liability portf ...

  • Idex

    Senior Underwriter

    1 week ago

    Idex London, United Kingdom

    Senior Underwriter - Financial Institutions · London · £90,000 - £150,000 + flexible working and package · IDEX has partnered exclusively with an award-winning international insurance group in the search for a Senior FI Underwriter. · The main purpose of the role is to assist the ...

  • MS Amlin

    Senior Underwriter

    1 week ago

    MS Amlin London, United Kingdom

    Senior Underwriter · - Our underwriters are at the heart of everything we do, without them our business wouldn't function. The role holder is a member of the Upstream Energy Team within the Natural Resources Department and is accountable for ensuring the effective delivery of the ...

  • Eames Consulting

    Senior Underwriter

    1 week ago

    Eames Consulting London, United Kingdom

    **Job Details**: · **Sector**: General Insurance, Life Insurance- · **Location**: City of London- · **Job Ref**: JN _ · **Job Type**: Permanent- · **Salary**: Negotiable per year- · **Contact**: Claudia BensajaA leading insurer is seeking an experienced professional to join thei ...

  • Aspen Insurance Holdings

    Senior Underwriter

    2 weeks ago

    Aspen Insurance Holdings London, United Kingdom

    Reference: ASPUKRS00018 · , · Permanent - Full Time · **About us**: Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business pa ...

  • AIG

    Senior Underwriter

    2 weeks ago

    AIG London, United Kingdom

    Who we are · American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial service ...

  • CNA Hardy

    Senior Underwriter

    1 week ago

    CNA Hardy London, United Kingdom

    **Position Summary** · We are seeking to hire a Senior Management Liability Underwriter to join our London team. · The role will work technical direction, responsible for underwriting a broad range of moderate and complex risks in a book of business across both Company and Syndic ...

  • Avencia Consulting

    Senior Underwriter

    2 weeks ago

    Avencia Consulting London, United Kingdom

    Specialty insurer based in London are recruiting for an experienced War & Aviation Senior Underwriter to join the team at an exciting time of growth. · In this role you will take a lead on the development of a new War portfolio whilst contributing to the wider Aviation book. This ...

  • AXIS Insurance

    Senior Underwriter

    3 weeks ago

    AXIS Insurance London, United Kingdom

    This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an ...

  • Allied World Assurance Company

    Senior Underwriter

    1 week ago

    Allied World Assurance Company London, United Kingdom

    **Senior Underwriter, Financial Lines** · **-** · **(** · **2300002C** · **)** · **Description** · **Duties and Responsibilities**: · - Responsibility also to develop business in London and other non-US markets · - Authorizing of quotes, binders and invoices in accordance with ow ...

  • Allianz UK

    Senior Underwriter

    2 weeks ago

    Allianz UK London, United Kingdom

    **Location**: London, Manchester, Birmingham or Glasgow (hybrid) · **Salary**: Dep on exp + annual bonus + bens · **Who we are** · Allianz is a global insurance company serving across 70 different countries, but from the very first day you join our team you'll know that your cont ...

  • Liberty Specialty Markets

    Underwriting Assistant/senior Underwriting

    2 weeks ago

    Liberty Specialty Markets London, United Kingdom

    **General information**: · **Creation Date**:18-Mar-2024 · **Employment Type**:Permanent · **Employment Type**:Full time · **Ref #**: · **Description & Requirements**: · **Job Title: Underwriting Assistant/Senior Underwriting Assistant - Reinsurance (FRS)** · **Location: London* ...

  • The Curve Group

    Senior Underwriter

    1 week ago

    The Curve Group London, United Kingdom

    Hybrid role with three days per week in the office in Marble Arch. · Propel Finance was established in 1996 to provide flexible and accessible finance to SMEs across the country. Now, more than 26 years on, Propel has grown to become one of the UK's largest independent finance ho ...

  • Gallagher

    Senior Underwriters

    2 weeks ago

    Gallagher London, United Kingdom

    About Us: · Gallagher isn't just a company; it's a global community driven by shared values and an unyielding commitment to excellence. With over 49,000 passionate professionals, we are the architects of the future, designing customized solutions to protect businesses and fuel th ...

  • Zurich Insurance

    Senior Underwriter

    2 weeks ago

    Zurich Insurance London, United Kingdom

    **Location: London** · **The opportunity**: · Do you want to play a critical part in our exciting journey of growth within Commercial Insurance? Are you looking for a new challenge? If so, we would love to hear from you · We are looking for an experienced London market facing Und ...