Commercial Underwriter - Oakville, Canada - The Travelers Companies, Inc.

The Travelers Companies, Inc.

Verified Company

Oakville, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Who Are We?
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
Job Category

Underwriting

Target Openings

What Is the Opportunity?
The Small Commercial segment within our Business Insurance group at Travelers provides a broad array of competitive property and liability products and coverages for small businesses of all types, from Main Street retailers to small manufacturers. The Associate Account Executive (AAE), Small Commercial role will partner with brokers to provide coverage for new and renewal business based on customers' needs. As an AAE, you are decisive, detailoriented, and are learning how to build relationships internally and externally to drive results. You are developing the ability to assess risk and sell our products, which will contribute to the profitability and success of Travelers.

What Will You Do?

Responsible for the profitability, growth, and retention of an assigned book of business in a highvolume, fast paced environment through knowledge and understanding of Travelers risk appetite to make appropriate decisions within own underwriting authority.
Underwrite and negotiate customer accounts to minimize risk and maximize profitability.
Develop and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify crossselling opportunities.
Develop relationships with external partners by regularly meeting with brokers, as needed, to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite to meet annual retention and new business targets.
Partner with Sales Executives to identify and capture new business opportunities using consultative marketing and sales skills.
Attend and actively participate in internal trainings to further advance underwriting skills and marketplace/industry knowledge.
Other duties as assigned.
Perform other duties as assigned.
Bachelor's degree preferred.
One to three years of relevant insurance or underwriting experience preferred.
Knowledge of property/casualty insurance products, the regulatory environment, and the local insurance market preferred.
Relevant experience interacting with brokers preferred.
Chartered Insurance Professional (CIP) or other insurancerelated designation preferred.
Financial acumen, including the ability to understand financial statements and client's loss history preferred.
Critical thinking skills with the ability to identify routine underwriting, marketing or financial challenges and analyze available information to make decisions in alignment with our risk appetite preferred.

What is a Must Have?

One year of relevant insurance or underwriting experience required.
Valid driver's license or alternative means of transportation required.

What Is in It for You?

Health Insurance: Employees and their eligible family members including spouses, partners, and children are eligible for coverage from the first day of employment.
Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan ("DPSP"). Travelers also matches your savings plan contribution dollarfordollar up to 5% of base pay.
Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off ("PTO") annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services and other resources to support your daily life needs. Through Life Balance, you're eligible for free counseling sessions with a licensed therapist.
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.
Equal Employment Opportunity Statement

Travelers is an equal opportunity employer. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

so we may assist you.