Underwriter - Regional Marine & Freight Liability
Travelers
Who Are We?
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.What Will You Do?Support the overall profitability, growth and retention of the Line of Business and consistency of all related underwriting initiatives.Underwrite on a day to day basis in accordance with limited authority to ensure a timely and professional service to clients.Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with individual underwriting authority where relevant, with approval under the Lloyd's Individual Registration Byelaw.the Unit's business plan for the relevant year.Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.Each individual has responsibility for:Acting in accordance with Travelers Companies' Code of Business Conduct and Ethics, Business Excellence Policy and all HR policies and procedures.Delivering high quality service to brokers and customers in line with our service standards.Complying with all legal, insurance, regulatory, Lloyd's and Sarbanes Oxley rules and guidelines.Acting at all time in compliance with the Treating Customers Fairly outcomes.Working as a team with colleagues within the Company and the Enterprise.Developing strong relationships with our key supporting brokers and customers and all other key external stakeholders.Adhering to the Company's policies and procedures.Keeping adequate records of all transactions undertaken with brokers, customers, and all other parties.Continually looking for improvement both from a personal and business perspective.Perform other duties as assigned.What Will Our Ideal Candidate Have?Degree preferred.Previous experience working with Property and Casualty insurance preferred.Previous underwriting experience preferred.Able to effectively share information and build team support.Able to communicate clearly. Demonstrates ability to speak clearly and express self well in groups and in one on one conversationsAble to develop effective working relationships internally and externally.Actively attempts to influence events to achieve goals.Demonstrates ability to apply guidelines appropriately.Able to adapt in a variety of situations.Able to determine priorities and effectively schedule time.Basic knowledge in respect of Relationship Management. Beginning to seek out, build, foster and maintain productive relationships or alliances to meet goals and objectives.Expected to either already be studying, or be willing to study towards ACII qualification.What is a Must Have?Previous Property and Casualty insurance experience.Previous experience of Windows MS Office.Secondary level education or equivalent required.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
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 CategoryUnderwritingTarget Openings1What Is the Opportunity?We are looking for an experienced Underwriter to join our Regional Marine Cargo and Freight Liability team. In this role, you will collaborate closely with new business Underwriters to manage all renewal business across the UK. This is a great opportunity to contribute to the success of our book, while developing your career.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.What Will You Do?Support the overall profitability, growth and retention of the Line of Business and consistency of all related underwriting initiatives.Underwrite on a day to day basis in accordance with limited authority to ensure a timely and professional service to clients.Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with individual underwriting authority where relevant, with approval under the Lloyd's Individual Registration Byelaw.the Unit's business plan for the relevant year.Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.Each individual has responsibility for:Acting in accordance with Travelers Companies' Code of Business Conduct and Ethics, Business Excellence Policy and all HR policies and procedures.Delivering high quality service to brokers and customers in line with our service standards.Complying with all legal, insurance, regulatory, Lloyd's and Sarbanes Oxley rules and guidelines.Acting at all time in compliance with the Treating Customers Fairly outcomes.Working as a team with colleagues within the Company and the Enterprise.Developing strong relationships with our key supporting brokers and customers and all other key external stakeholders.Adhering to the Company's policies and procedures.Keeping adequate records of all transactions undertaken with brokers, customers, and all other parties.Continually looking for improvement both from a personal and business perspective.Perform other duties as assigned.What Will Our Ideal Candidate Have?Degree preferred.Previous experience working with Property and Casualty insurance preferred.Previous underwriting experience preferred.Able to effectively share information and build team support.Able to communicate clearly. Demonstrates ability to speak clearly and express self well in groups and in one on one conversationsAble to develop effective working relationships internally and externally.Actively attempts to influence events to achieve goals.Demonstrates ability to apply guidelines appropriately.Able to adapt in a variety of situations.Able to determine priorities and effectively schedule time.Basic knowledge in respect of Relationship Management. Beginning to seek out, build, foster and maintain productive relationships or alliances to meet goals and objectives.Expected to either already be studying, or be willing to study towards ACII qualification.What is a Must Have?Previous Property and Casualty insurance experience.Previous experience of Windows MS Office.Secondary level education or equivalent required.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 http://careers.travelers.com/life-at-travelers/benefits/.
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