Account Executive Officer (Senior Underwriter), Commercial Accounts - Business Center
Company: The Travelers Companies, Inc.
Location: Alpharetta
Posted on: September 16, 2023
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Job Description:
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.Compensation OverviewThe 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$98,200.00 - $162,000.00Target Openings1What Is the
Opportunity?The Middle Market Business Center centrally underwrites
and negotiates renewal and new business for eligible accounts
across the low to mid-sized range of Middle Market Business
Insurance. The Account Executive Officer (AEO), Business Center
will partner with agents and brokers to provide coverage for new
and/or 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
support market penetration objectives and identify cross-selling
opportunities.Foster relationships with external partners by
delivering seamless underwriting experiences and solutions.Identify
and capture new business opportunities using consultative marketing
and sales skills.Support the execution of agency, region, and group
sales plans.May assist in the training and mentoring of less
experienced Account Executives.Perform other duties as
assigned.Perform other duties as assigned.What Will Our Ideal
Candidate Have?Bachelor's degree.Six to eight years of relevant
underwriting experience.Deep knowledge of Business Insurance
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?4 years of underwriting experienceWhat 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 and resources that empower you to achieve
your wellness goals. In addition, our Life Balance program provides
access to professional counseling services, life coaching and other
resources to support your daily life needs. Through Life Balance,
you're eligible for five free counseling sessions with a licensed
therapist.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
PracticesTravelers is an equal opportunity employer. We believe
that we can deliver the very best products and services when our
workforce reflects the diverse customers and communities we serve.
We are committed to recruiting, retaining and developing the
diverse talent of all of our employees and fostering an inclusive
workplace, where we celebrate differences, promote belonging, and
work together to deliver extraordinary results.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 0
Keywords: The Travelers Companies, Inc., Alpharetta , Account Executive Officer (Senior Underwriter), Commercial Accounts - Business Center, Other , Alpharetta, Georgia
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