Company Summary
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.
Target Openings
4
Job Description Summary
This individual is recognized as competent in all phases of the following areas: Business Unit Specific Product lines and coverage. Knowledge of underwriting support processes/procedures/workflow. Awareness of local Business Unit Strategy. Travelers' applications/systems. Rating/pricing methodologies and tools. In addition: Manages relationships with Account Executives, agents, Managing General Agents (MGAs, as well as peers and business partners. May include agency visits. Actively participates in meetings. Negotiates and resolves conflicting priorities. Responsible for managing assigned work.
Primary Job Duties & Responsibilities
* Partners with Account Executives/Underwriters to establish support needs for renewals and/or new business policies (i.e., identify/gather relevant account information to quote and/or bind the policy; create exhibits, etc..
* Prepares documents and participate in pre-renewal meetings.
* Prepares underwriting/pricing exhibits (i.e., exposures, experience rating, profit and loss analysis, expense models, updated account information, etc..
* Manages account documentation (i.e., proposals, agreement letters, reinsurance contracts, collateral agreements, policy change, endorsements, cancellations, etc..
* Ensures accurate and timely servicing and billing of accounts.
* Communicates with brokers/agencies, MGAs, and internal departments. (i.e., researches and resolves issues, responds to inquiries and questions.
* Quotes accounts by reviewing exposures and experience rating, updating account information, rates and adjusts the price, as requested.
* May complete renewals based on formal guidelines, commonly referred to as Letter of Authority.
* Provides information for regulatory compliance (i.e., statutory filings, proof of insurance, certificates.
* Participates in projects/assignments as requested.
Minimum Qualifications
* High School diploma or equivalent required.
* Associate's degree or one year of work experience required.
* Basic software skills required (Windows MS Office.
Education, Work Experience, & Knowledge
* Bachelor's Degree preferred.
* Two or more years insurance experience related to rate, quote, and issuance of P&C; Insurance is preferred.
Job Specific Technical Skills & Competencies
Technical Knowledge
* Demonstrates all necessary technical skills needed to perform the role.
* Demonstrates ability to seek to broaden knowledge & skills.
Customer Service
* Demonstrates ability to act promptly in difficult situation--acts with a sense of urgency.
* Able to take responsibility.
Driving For Results
* Able to meet standards set by manager and able to set high standards for self.
* Able to take the steps necessary to improve personal and team performance.
Analytical Thinking
* Demonstrates ability to break down problems.
* Able to understand basic relationships of activities performed.
* Demonstrates ability to apply knowledge to solve issues and is able to break down complex tasks.
Initiative
* Able to be decisive in all situations.
* Able to think to the future (4 months ahead to identify or eliminate potential issues in renewal account workflow.
* Actively attempts to influence events to achieve goals.
Teamwork & Cooperation
* Demonstrates the ability to positively reinforce team members--enhances camaraderie among team.
* Able to genuinely value and digest others' input and willing to learn from others.
Communication
* Demonstrates ability to speak clearly and expresses self well in groups and one on one conversations.
* Able to use examples to make point.
* Able to actively engage others.
* Able to explain reasons for decisions or actions in depth.
Flexibility
* Demonstrates ability to apply guidelines appropriately.
* Able to adapt in a variety of situations. Also understands the best approach to take for various situations. Able to adapt rapidly to change.
Motivation/Commitment
* Demonstrates ability to perform in a business professional manner with a positive attitude.
* Demonstrates the ability and drive to seek development opportunities.
* Is able to take complete ownership for role responsibilities.
Organizational Skills
* Able to function independently.
* Demonstrates ability to adapt to rapid change and cope effectively with change.
* Demonstrates ability to plan ahead for peak volume periods.
The salary range in Colorado for this position is $49,300 to $74,000.
To learn more about our comprehensive benefit programs please visit
All employees are eligible for performance-based cash awards, either through Travelers annual bonus program or through the Reward and Recognition (R&R; program.
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.
If you have 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.
New York, New York
The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers' compensation, commercial automobile and property, general liability, commercial multi-peril, employers' liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products.
This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial transportation industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, program managers, and specialized retail agents. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty insurance products.
The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners insurance to individuals. The company distributes its products primarily through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.