Travelers is a leading property casualty insurer with a strong commitment to innovation and collaboration. They are seeking participants for a year-long Underwriting Professional Development Program that includes training in underwriting, risk assessment, and relationship management. The role involves learning about underwriting philosophy and developing sales and negotiation skills under supervision.
Responsibilities
- Under direct supervision, underwrites and assesses risk and makes recommendations for less complex accounts in a market segment
- Establishes effective relationships with customers, agents and brokers
- Develops consultative sales and marketing skills through their interaction with agents/brokers and via coaching from their manager
- Develops negotiation skills through their interaction with agents/brokers and via coaching from their manager
- Develops planning and organization skills necessary to effectively manage desk and assume a territory
- Effectively collaborates with others on all aspects of job
- Understands the need to seek enterprise-wide solutions to business problems
- Takes initiative for personal development and seeks to learn through underwriting, marketing, and other related opportunities
- Perform other duties as assigned
Skills
- Bachelor degree or one year of applicable business experience
- Educational background/ coursework in Business Administration/ Management, Finance/Accounting, Economics, Mathematics/Science, Sales/Marketing/Communications
- Demonstrates an ability, desire, and intellectual curiosity to learn the business
- Uses knowledge of internal and external factors impacting the property & casualty industry to make decisions
- Identifies current or future problems or opportunities, analyzes, synthesizes and compares information to understand issues, identifies cause/effect relationships and explores alternative solutions to support sound decision making
- Understands and uses financial information, tools and expense management principles to accomplish day-to-day work and maximize profitability
- Seeks out, builds, fosters and maintains productive relationships, networks or alliances to meet goals and achieve results
- Valid drivers license or alternate means of personal transportation
Benefits
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to 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 program that enables you to give back to the charity of your choice.
Company Overview
Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. It was founded in 1853, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is https://www.travelers.com.