Hunt Valley, MD, 21065, USA
15 hours ago
Account Executive, Select Underwriter
**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 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. **Job Category** Underwriting **Compensation Overview** The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. **Salary Range** $83,300.00 - $137,400.00 **Target Openings** 1 **What Is the Opportunity?** Under general supervision, the Select Underwriting Center Account Executive (AE) is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies for agencies within an assigned territory. The AE is accountable for selling and marketing all Select products as well as managing a high volume environment. In the AE role, may act as a technical referral resource for less experienced AEs on more complex renewals, endorsements, and issues. The AE operates within authority levels as delegated by Underwriting Center Underwriting Director. This job does not lead others. Travelers offers a hybrid work location model that is designed to support flexibility. **Primary Job Duties & Responsibilities** UNDERWRITING QUALITY/PROFITABILITY: + Follow Select Best Practices, including Underwriting, Workflow and Playbook. + Ensure underwriting quality and profitability through application of the appropriate level of underwriting analysis based on risk complexity to accept, decline, modify, rate and quote these accounts. + Responsible for insuring compliance with underwriting strategies and regulatory requirements. + Identify and take corrective action and/or collaborate with the appropriate area within the organization based on individual risk characteristics identified through agency reviews, Large Loss Analysis, risk control, etc. SALES: + Prequalify accounts to identify customer needs and take appropriate action. + Function as point of sale for proposal delivery and negotiation. + Understand and effectively utilize competitive market data. + Build and maintain profitable agency relationships. NEW AND RENEWAL BUSINESS MANAGEMENT: + Identify opportunities to write additional lines of business using knowledge of individual risk characteristics and Select Products and Appetite. + Proactively seek to retain key renewals by working closely with agent and business center. + Demonstrate the ability to build partnerships with other business groups and identify and deliver agency and product solutions at the account level. + Maintain an understanding of Travelers products, services and solutions and initiate discussions with other business units as appropriate. AGENCY MANAGEMENT: + Identify and communicate to Sales Executive issues and opportunities requiring agency interaction. + Participate in agency planning process as prescribed by the Agency Planning Best Practices. + Communicate identified agency training needs to Agency Automation Executive and/or Sales Executive. + Partner with Sales Executive to create a business plan for assigned territory with an emphasis to develop strong renewal retention and profitable new business pipeline. + Other duties as assigned. **Minimum Qualifications** + 2 years of Account Executive/Underwriting experience required. **Education, Work Experience, & Knowledge** + 4 year college degree or related business experience preferred. + Underwriting experience preferably in commercial underwriting. **Job Specific Technical Skills & Competencies** + Intermediate Proficiency for all competencies + Technical Multi-line Underwriting + Teamwork and Collaboration + Analytical, Problem Solving & Decision Making + Automation and Platform Skills + Communication, Negotiation & Influence Skills + Adaptability + Organizational and Time Management Skills + Agency Management and Planning + Business Acumen Understands Selects Products, Financials, Objectives and Service Requirements + Transactional Sales Skills. **What Is in It for You?** + **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. **Employment Practices** Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (4-ESU@travelers.com) 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/ .
Confirm your E-mail: Send Email