Job details

Account Executive Officer, Inland Marine Underwriter

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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

$106,300.00 - $175,400.00

Target Openings

What Is the Opportunity?

Inland Marine provides protection for business properties that are mobile in nature or require unique valuation. Coverages extend to properties that are owned or in a business's care related to construction, transportation, fine art, and renewable energy. The Account Executive Officer (AEO), Inland Marine will partner with agents and brokers to provide coverage for new and renewal business based on customers' needs. This role is seen as a technical resource. As an AEO, you are decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to independently assess complex risk and sell our products in challenging markets will contribute to the profitability and success of Travelers.

What Will You Do?

Manage the profitability, growth, and retention of an assigned book of business.
Underwrite and skillfully negotiate complex 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.
Independently develop and execute agency sales plans and frequently partner with your Managing Director (MD) to develop region/group sales plans.
May assist in the training and mentoring of less experienced Account Executives.
Perform other duties as assigned.

What Will Our Ideal Candidate Have?

Bachelor’s degree.
Six to eight years of relevant underwriting experience with experience in inland marine.
Deep knowledge of inland marine 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.
Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers.
CPCU designation.

What is a Must Have?

Four years of underwriting 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 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/.

Average salary estimate

$140850 / YEARLY (est.)

min

max

$106300K

$175400K

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What You Should Know About Account Executive Officer, Inland Marine Underwriter, Travelers

Join Travelers in Houston, TX as an Account Executive Officer for Inland Marine, where you can make a real impact while enjoying a culture rooted in innovation and teamwork! You’ll be at the forefront of protecting unique business properties that are mobile or require specialized valuation, like those in construction and renewable energy. In this pivotal role, you'll partner with agents and brokers to create tailored coverage for both new and existing clients, ensuring their needs are met with expertise. Your responsibilities will include managing your assigned book of business, skillfully underwriting and negotiating complex customer accounts, and maintaining strong connections with internal stakeholders and external partners. Your proactive approach will be crucial in identifying new business opportunities and executing sales plans alongside your Managing Director. To succeed in this role, you’ll need a solid foundation in inland marine underwriting, strong critical thinking skills, and the ability to foster collaborative relationships. This is a fantastic opportunity for those looking to elevate their career in the insurance industry while enjoying a range of benefits including health insurance from day one, a stellar 401(k) matching plan, and generous Paid Time Off. If you’re ready to work in an environment where you can thrive and contribute to the community, then join us at Travelers.

Frequently Asked Questions (FAQs) for Account Executive Officer, Inland Marine Underwriter Role at Travelers

What are the key responsibilities of an Account Executive Officer at Travelers in Houston, TX?

As an Account Executive Officer (AEO) at Travelers in Houston, TX, your main responsibilities will include managing the profitability and retention of an assigned book of business, underwriting complex customer accounts, and establishing strong relationships with agents and brokers. You'll also have the opportunity to execute agency sales plans and identify new business opportunities in the market.