Travelers

Underwriting Director - Select Small Commercial

Posted on: 12 Apr 2021

Charlotte, NC

Job Description

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

1

Job Description Summary

The Select Underwriting Center Underwriting Director (UD is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies within an assigned territory. Hires, develops and retains staff of Underwriting Center Account Executives with emphasis on development through guidance and mentoring.

Primary Job Duties & Responsibilities

People and Talent Management:

* Establish individual Account Executive territory goals in support of established territory goals and CAT strategies.
* Evaluate staff to identify skills and training needs; create opportunities to expand roles to match employee strengths or address weaknesses. Provide both formal and informal feedback on a regular basis.
* Development of staff of Account Executives through effective coaching and mentoring via performance evaluation, creation of development plans, and conducting technical training sessions.
* Effectively communicate the mission and vision and of Select and their role in the process.

Underwriting Quality & Profit:

* Manage territorial underwriting functions to achieve profit, revenue, loss ratio, and expense targets. Implements CAT underwriting strategies and manages CAT capacity within assigned territory.
* Ensures effective execution of Selects Best Practices, including Underwriting, Workflow and Playbook.
* In conjunction with the Regional Underwriting Director delegate underwriting authority to staff via letters of authority; monitor and revise as appropriate.
* Ensure a quality underwriting work product is produced consistent with letters of authority, underwriting strategy, standards and process.
* Ensure underwriting quality through implementation of effective CURE process.
* Completes self assessment reviews of Account Executives in accordance with agreed upon sample standards. Provide coaching and training for underwriting staff based on results of self assessment underwriting review process.
* Works with the Operations Director to ensure that all processing and service standards are met.

Agency Management:

* Participate in agency planning process as prescribed by the Agency Planning Best Practice.
* Communicate identified agency production, training or quality issues to Sales Director(s.

Strategic Platform Management:

* Facilitate communication between Sales Executives and Account Executives and act as liaison between the Field and the Business Center.
* Develop and maintain relationships with Business Center, as well as other internal resources (Claim, RC, Premium Audit etc. to coordinate the services to Select Accounts customers.

Enterprise Relationship Management:

* Demonstrates the ability to build partnerships with other business groups and identifies and delivers agency and product solutions at the account level.
* Maintains an understanding of all Travelers products, services and solutions and initiates discussions with other business units as appropriate.

Minimum Qualifications

* 3 years of Property & Casualty experience required.
* 2 years of management experience required.

Education, Work Experience, & Knowledge

* 5 years of Property & Casualty underwriting experience preferred.
* Experience in small accounts preferable
* Extensive knowledge of product, operations, and agency distribution.
* Demonstrated performance management experience and skills including setting clear goals and priorities; coaching and developing others; providing timely and consistent performance feedback.
* Ability to manage own work and effectively delegate and direct the work of others.
* Strong organizational, quantitative reasoning, critical thinking, interpersonal, time management, verbal and written communication skills.
* Demonstrated ability to effectively lead self and others through change.

Job Specific Technical Skills & Competencies

* Executes Business Strategy
* Leads Change
* Drives Results
* Promotes Enterprise Culture
* Attracts Top Talent
* Maximizes Individual and Organizational Performance
* Creates and Sustains Dynamic Workplace
* Communicates Effectively and Influences Others
* Applies Critical Thinking
* Demonstrates Self-Awareness; Accountability

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.

Travelers

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.