Job details

Account Executive Officer/ Underwriter - Excess Casualty

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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?

Excess Casualty offers protection against unforeseen catastrophic losses where additional layers of insurance are needed–from devastating auto accidents to product liability claims, which can result in multimillion-dollar lawsuits. The Account Executive Officer (AEO), Excess Casualty 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.
Underwriter 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 commercial lines
Deep knowledge of commercial lines 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/ Underwriter - Excess Casualty, Travelers

As an Account Executive Officer/Underwriter – Excess Casualty at Travelers in Alpharetta, GA, you'll play a crucial role in protecting clients from unforeseen catastrophic losses. The heart of this position involves partnering with agents and brokers to deliver tailored insurance coverage for both new and renewing businesses. With a commitment to customer service and strong collaboration, we aim to create a culture that thrives on innovation and support. Your technical expertise and decisiveness will empower you to manage the profitability and retention of your portfolio effectively. More than just underwriting, you will negotiate complex accounts, cultivate meaningful relationships with partners, and develop strategic sales plans. The ideal candidate possesses a bachelor's degree along with six to eight years of relevant underwriting experience in commercial lines, enabling them to navigate the regulatory landscape skillfully. Here, at Travelers, we champion your professional growth, and we're eager to see how you can contribute to the success of our clients, our communities, and each other. Join us and discover a company that invests in your future, offering competitive compensation, comprehensive benefits, and a supportive work environment where you can truly love what you do.

Frequently Asked Questions (FAQs) for Account Executive Officer/ Underwriter - Excess Casualty Role at Travelers

What are the main responsibilities of an Account Executive Officer/Underwriter – Excess Casualty at Travelers?

An Account Executive Officer/Underwriter – Excess Casualty at Travelers is responsible for managing the profitability, growth, and retention of a specific portfolio of business, evaluating and negotiating complex client accounts, and building relationships with agents and brokers to sell insurance products. This role requires assessing risks, developing sales strategies, and proactively identifying new business opportunities.