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 170 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
$153,700.00 - $253,700.00
Target Openings
1
What Is the Opportunity?
Underwriting Portfolio Management & Leadership leverages underwriting and industry expertise to assist in the development and implementation of underwriting, product, and operational business strategies across Business Insurance. As an AVP, Underwriting Portfolio Management, you will leverage your deep underwriting and industry expertise to lead assigned underwriting portfolio(s) to ensure underwriting philosophy and practices are consistent with business goals. You will lead the development and implementation of underwriting, product, and operational business strategies to support the achievement of underwriting and production goals for your portfolio(s). At this level, you may directly manage others.
What Will You Do?
In collaboration with business unit leadership, manage and evaluate the performance of assigned portfolio(s). Leverage analytics and expertise to lead the development and implementation of underwriting, product, and operational business strategies based on observed trends and emerging issues.
As a subject matter expert, provide collaborative technical underwriting and product support to field staff on individual account transactions including appetite, exposure, and coverage consultation.
Partner with Learning & Development and other business unit resources to develop, manage, and deliver technical underwriting and product training curriculum for assigned portfolio(s).
Collaborate with business partners to share portfolio insights, results, and emerging issues. Partner with Business Insurance and Enterprise Underwriting teams to ensure underwriting appetite is aligned to corporate strategy.
With the Marketing and Sales/Business Development teams, create and lead strategic initiatives to advance the value proposition of assigned portfolio(s) including marketing campaigns and new business generation capabilities.
In partnership with Business Insurance Product, develop and champion the product strategy and roadmap for assigned portfolio(s).
Serve as the business lead for cross-functional and multiphased strategic initiatives.
Provide strategic direction and support for others through coaching, mentoring, and training.
Perform other duties as assigned.
What Will Our Ideal Candidate Have?
Bachelor's degree.
Ten or more years of property and casualty commercial underwriting experience.
Expert knowledge of underwriting coverages, processes, and risk analysis.
Strong data analysis skills with the ability to leverage observed trends in portfolio management strategies.
Strong written and verbal communication skills with the ability to influence various audiences across the enterprise.
Strong relationship building skills with the ability to work independently and collaboratively with internal and external partners.
Advanced leadership skills with the ability to coach and develop team members, leverage differences, and strategically align resources to accomplish key objectives.
What is a Must Have?
Six years of property and casualty insurance experience.
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 value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
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/ .
