Construction Underwriter, Account Executive
Company: The Travelers Companies, Inc.
Location: Walnut Creek
Posted on: April 15, 2024
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Job Description:
Taking care of our customers, our communities and each other. 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. 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
skills, education, training, credentials and experience of the
candidate; As part of our comprehensive compensation and benefits
program, employees are also eligible for performance-based cash
incentive awards.
Target Openings
Construction provides a full suite of insurance solutions suited to
construction contractors of all sizes, including General Liability,
Property, Marine, Automobile, Workers' Compensation, Umbrella, and
more. The Account Executive (AE), Construction will partner with
agents and brokers to provide coverage for new and renewal business
based on customers' needs. Your ability to assess risk and sell our
products will contribute to the profitability and success of
Travelers.
Manage the profitability, growth, and retention of an assigned book
of business.
Underwrite and skillfully negotiate customer accounts to minimize
risk and maximize profitability.
Cultivate and maintain relationships with internal partners within
the business unit and across the enterprise to create sales plans
and identify cross-selling opportunities.
Foster and maintain relationships with external partners by
regularly meeting in person with agents and brokers to market and
sell Travelers products with a goal of writing and retaining
accounts consistent with our risk appetite. Must be able to travel
to such meetings.
Identify and capture new business opportunities using consultative
marketing and sales skills.
Develop and execute agency sales plans. Execute region/group sales
plans.
Bachelor's degree.
Three to five years of relevant underwriting experience with
experience in construction risk or oil and gas.
Knowledge of construction risk or oil and gas products, the
regulatory environment, and the local insurance market.
Strong critical thinking skills with the ability to proactively
identify underwriting, marketing, or financial challenges and
analyze available information to make timely decisions in alignment
with our risk appetite.
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: 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.
In addition, our Life Balance program provides access to
professional counseling services, life 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. We believe that we can deliver the very
best products and services when our workforce reflects the diverse
customers and communities we serve.
Keywords: The Travelers Companies, Inc., South San Francisco , Construction Underwriter, Account Executive, Professions , Walnut Creek, California
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