Account Executive / Underwriter, Select
Company: The Travelers Companies, Inc.
Location: Colorado Springs
Posted on: January 15, 2021
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Job Description:
Company SummaryTaking 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.Target Openings1Job Description SummaryUnder general
supervision, the Select Underwriting Center Account Executive (AE)
is responsible for underwriting, profitability, growth of new
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
endorsements, and issues. The AE operates within authority levels
as delegated by Underwriting Center Underwriting Director. This job
does not lead others.Primary Job Duties &
ResponsibilitiesUNDERWRITING 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
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 Underwriting Director issues and opportunities
requiring agency interaction.Communicate identified agency training
needs to Underwriting Director.Partner 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 Qualifications2 years of Account
Executive/Underwriting experience required.Education, Work
Experience, & Knowledge4 year college degree or related business
experience preferred.Underwriting experience preferably in
commercial underwriting.Job Specific Technical Skills &
CompetenciesIntermediate Proficiency for all competenciesTechnical
Multi-line UnderwritingTeamwork and CollaborationAnalytical,
Problem Solving & Decision MakingAutomation and Platform
SkillsCommunication, Negotiation & Influence
SkillsAdaptabilityOrganizational and Time Management SkillsAgency
Management and PlanningBusiness Acumen Understands Selects
Products, Financials, Objectives and Service
RequirementsTransactional Sales Skills.Additional InformationThe
salary range in Colorado for this position is $65,800 to $98,800.To
learn more about our comprehensive benefit programs please
visit.All employees are eligible for performance-based cash awards,
either through Travelers annual bonus program or through the Reward
and Recognition (R&R) program.Employment PracticesTravelers 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 have
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.
Keywords: The Travelers Companies, Inc., Colorado Springs , Account Executive / Underwriter, Select, Other , Colorado Springs, Colorado
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