Regional Underwriting Officer
Top focus
Who Are We? 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 170 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. Job Category Underwriting Target Openings 1 What Is the Opportunity? We are looking for a technically strong Casualty specialist to join our Business Insurance Underwriting Office team as a Regional Underwriting Officer.
In this role you work with internal Underwriting teams to manage and implement underwriting standards across the UK. You’ll build strong relationships with your Underwriting teams, using your expertise to act as a technical referral point. You’ll coach and develop underwriting knowledge; supporting colleagues through training, courses, and technical guidance.
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? Implement and participate in the development of long and short term underwriting strategies to effectively position BI Retail, regionally traded products to market the right products, programs and/or services to the right market segment through responsible underwriting decisions.
Ensure Underwriting Controls including Cures and Audit are taken and promptly acted upon. Participate as an advisor / referral point to achieve responsible product development to ensure it is consistent with profit, growth and retention strategies.
Participate in the strategic business planning activities for BI Retail & Small business both regionally and nationally that are designed to increase the presence in the market; retain the appropriate mix of business; and achieve overall growth and profit goals.
Assist with the development and leveraging of broker/client relationships through a high level of visibility. Work tactically with brokers to ensure they have an appropriate level of understating of BI Retail goals and objectives. Provide underwriting leadership at regular regional underwriting meetings as appropriate.
Develop and ensure effective utilisation of detailed monitoring standards to assess underwriting results and propose solutions Analyse local market needs and trends as they impact the regions marketing initiatives and provide competitor information to product and portfolio management staff.
In conjunction with regional and branch management effectively mentor and coach development underwriting staff to ensure production, underwriting standards and profitability objectives are achieved. Develop and maintain relationships with internal resources (i.e.
Risk Control, Claims, Operations, etc.) to ensure effective operation of underwriting and marketing decisions. Undertake any other reasonable duties. Perform other duties as assigned. What Will Our Ideal Candidate Have? Bachelor's degree or higher education level.
Previous proven track record of leading others at a senior underwriting level. Advanced level of proficiency required in the following. Organisation, Financial Acumen, Communication, Collaboration, Presentation Skill, Networking, Risk Selection and Critical and Analytical Thinking.
Advanced level of proficiency required in the following leadership competencies: Leading the Business including: Change Management, Strategic Planning, Making Decisions, Results Orientation, Influencing, Leadership, Power, Business Perspective, Risk Taking, Innovation and Understanding & Navigating the Organisation.
Leading Others including:Forging Synergy, Develops Employees, Building Collaborative Relationships, Communicating Effectively, Leveraging Differences, Participative Management and Leading Employees. Leading Self including: Openness to Influence, Flexibility, Demonstrates Leadership Stature, Self-Awareness,Credibility and Seeks Opportunities to Learn.
ACII qualification. What is a Must Have? ACII. Advanced experience of Property & Casualty Underwriting. What Is in It for You? Private Medical Insuran ce: 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 http://careers.travelers.com/life-at-travelers/benefits/ .