Sr. Underwriter, Account Executive Officer Hartford, CT
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Job Location:
Hartford, CT - USA
Monthly Salary:
$ 104000 - 171700
Posted on:
7 days ago
Vacancies:
1 Vacancy
Job Summary
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.
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
$104000.00 - $171700.00
Target Openings
1
What Is the Opportunity
Boiler & Machinery specializes in equipment breakdown coverage for a wide variety of machines including air conditioning and refrigeration equipment computers production machinery telecommunications equipment and smart devices. The Account Executive Officer (AEO) Boiler & Machinery 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. Additionally occasionally negotiate and procure reinsurance to underwrite complex accounts.
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.
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
$104000.00 - $171700.00
Target Openings
1
What Is the Opportunity
Boiler & Machinery specializes in equipment breakdown coverage for a wide variety of machines including air conditioning and refrigeration equipment computers production machinery telecommunications equipment and smart devices. The Account Executive Officer (AEO) Boiler & Machinery 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. Additionally occasionally negotiate and procure reinsurance to underwrite complex accounts.
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.
Additional Qualifications/Responsibilities
What Will Our Ideal Candidate Have
Bachelors degree.
Six to eight years of relevant underwriting experience with experience in equipment breakdown insurance.
Deep knowledge of equipment breakdown 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 claim operations risk assessment actuarial sales product or finance experience.
Required Experience:
Senior IC
About Company
VetJobs & Military Spouse Jobs works with our employer partners to source, screen, and move qualified talent to the desktops of the Hiring Managers. Application is a two-step process, so please be patient with the team. When you submit to a position on our site your information will ... View more
