drjobs Middle Market Commercial Underwriter,Account Executive-Wyomissing, PA

Middle Market Commercial Underwriter,Account Executive-Wyomissing, PA

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1 Vacancy
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Job Location drjobs

Wyomissing, PA - USA

Monthly Salary drjobs

$ 87400 - 144400

Vacancy

1 Vacancy

Job Description



ATTENTION MILITARY AFFILIATED JOB SEEKERS- Our organization works with partner companies to source qualified talent for their open roles. The following position is available toVeterans Transitioning Military National Guard and Reserve Members Military Spouses Wounded Warriors and their Caregivers. If you have the required skill set education requirements and experience please click the submit button and follow the next steps.

Taking care of our customers our communities and each other. Thats 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 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
$87400.00 - $144400.00

What Is the Opportunity
Commercial Accounts offers a wide array of guaranteed-cost products to mid-size businesses. Total account solutions include General Liability Property Automobile Workers Compensation and Lead Umbrella. The Account Executive (AE) Commercial Accounts will partner with agents and brokers to provide property general liability commercial auto and/or workers compensation coverage for new and renewal business based on customers needs. As an AE you are decisive detail-oriented and know how to build relationships internally and externally to drive results. Your ability to assess risk and sell our products 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 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.
Perform other duties as assigned.


Additional Qualifications/Responsibilities
What Will Our Ideal Candidate Have
Bachelors degree.

Three to five years of relevant underwriting experience with experience in commercial lines.

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.

Communication skills with the ability to successfully negotiate with agents and brokers.

CPCU designation.
What is a Must Have
Two years of underwriting claim operations risk assessment actuarial sales product or finance 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.

Required Experience:

IC

Employment Type

Full Time

Company Industry

About Company

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