Work in Washington Veterans Jobs

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

$220,600.00 - $353,000.00

Target Openings

1

What Is the Opportunity?

The incumbent is responsible for managing the underwriting, growth and profitability of a specialized line of insurance or industry segment globally through the development and management of profit strategies consistent with Middle Market objectives. Incumbent is responsible for review and development of sound underwriting standards and the management of the underwriting process for the line or industry segment. Responsible for implementation of underwriting execution where specialization is critical, and to create distribution, profit and growth strategies for the line or industry in conjunction with Field leadership. Responsible for effective collaboration with field and Middle Market leadership team to achieve Business Insurance objectives.

What Will You Do?

Strategy and Business Results:

• In partnership with field leadership develops strategic business plans and sets annual plan targets that optimize product integration and cross-sell

• Works closely with international resources to establish and execute on international strategies

• Track and monitor field execution for the line or industry; works with field leadership to establish and adjust execution strategies on an ongoing basis

• Maintains appropriate specialization and awareness of industry trends by attending specialized trade forums, industry boards or bureaus – all efforts coordinated with business leadership

• Jointly accountable with field leadership for the results of the line’s most complex, at risk or hard to close deals as needed.

• Influences product strategy for designed line/industry segment.

Leading People:

• Has an active and collaborative partnership with HR around recruiting plans and staff development to attract and retain top talent. Works closely with leaders on developing bench strength for all key positions.

• Staff management functions include, but not limited to, coaching, training, planning and performance management in a supportive, team oriented, collaborative manner.

• Shares talent management responsibilities with the BI FVP and other Enterprise leaders for the benefit of the organization.

• Builds and maintains valued internal business partnerships within Business Insurance, the Enterprise, and external constituencies as appropriate.

Distribution Management:

• May engage key distribution specialists directly on the line or industry on behalf of Travelers

• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• 15+ years of Property & Casualty underwriting experience preferred.

• Bachelor’s, MBA or Master’s degree preferred.

• Comprehensive knowledge and mastery of business line strategy including underwriting, pricing, operations, finance and product development.

• CPCU designation preferred.

• Advanced level of technical and industry expertise on the line or industry.

• Demonstrated track record of strong execution and ability to drive results.

• Demonstrated ability to set broad strategic direction for a large or complex portion of the business.

• Advanced ability to communicate, influence and negotiate, lead by example, and make complex decisions that impact all of Business Insurance.

• Proven ability to lead enterprise level change and operate strategically in a complex, matrix organization structure.

• Experience leading and developing people, and driving optimal results through diverse teams at varying levels.

Leadership:

• Consistently sets clear strategic direction by defining goals and priorities.

• Makes sound business decisions.

• Develops a high degree of trust through demonstrated personal integrity, ethics and a commitment to doing the right thing.

• Energizes others to commit to achieving the highest standards.

• Establishes and maintains an environment that encourages everyone to act in the best interest of the company.

• Effectively coaches and mentors staff.

Business Knowledge:

• Clearly demonstrates specific knowledge requirements as defined by line/industry segment underwriting, marketing and product development.

• Understands line/industry segment products, financials, objective and service requirements.

• Knows how to get things done.

Financial:

• Understands the business objectives and can act in a decisive manner to achieve financial results.

Marketing and Underwriting:

• Recognizes opportunities to penetrate new markets.

• Takes advantage of all critical opportunities to increase market share.

• Takes intelligent risks.

• Demonstrates specific marketing and underwriting skills necessary to achieve established and stretch business goals.

• Professionally current.

Customer Focus:

• Identifies customer needs and takes appropriate action to meet those needs.

• Works effectively with all levels and can easily build new relationships.

• Acts with a sense of urgency.

• Strong knowledge of local, regional and national competitor market conditions and ability to react accordingly.

Teamwork:

• Establishes strong coalitions and networks both within and outside of the Division/Company.

Management:

• Takes responsibility for decisions and actions.

• Manages own work and directs the work of others.

• Understands the business and responds to all related issues, concerns and problems.

What is a Must Have?

• 12 years of underwriting experience required.

• People leadership experience required.

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/ .