Casualty Underwriting Officer, Commercial Accounts

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 170 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.

About the Role

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 Umbrella. As an Underwriting Officer, Commercial Accounts, you are an underwriting subject matter expert and integral member of a field leadership team. By leveraging your expertise to educate underwriters, lead Collaborative Underwriting Review Evaluations (CUREs), and drive the development and successful execution of underwriting strategies, you will influence the overall profitability, growth, and retention of business for an assigned group.

Responsibilities

• As an underwriting subject matter expert, assess, design, implement, and/or lead underwriting strategies and practices in support of profit and growth objectives for assigned group.
• Oversee and influence underwriting execution through individual risk and/or portfolio CUREs as well as through the evaluation of underwriter proficiency and underwriting quality.
• Drive the development of key underwriting capabilities and best practices through coaching and trainings while educating underwriters on strategy and guidelines to enhance efficiency and effectiveness for assigned group.
• Monitor trends, emerging issues, and underwriting results for assigned book of business and partner with underwriting leadership to take action, as needed.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree.
• Eight or more years of commercial underwriting experience with experience in commercial accounts.
• Expert level knowledge of risk appetite and risk selection, commercial accounts products, as well as the regulatory environment and local insurance marketplace.
• Strong critical thinking skills with the ability to proactively identify underwriting and financial challenges and analyze available information to make timely decisions in alignment with risk appetite.
• Strong interpersonal and communication skills with the ability to lead and influence others.

Qualifications

Six years of commercial underwriting experience.

Pay

The annual base salary range for this position is $146,400.00 - $241,600.00. The actual salary will be determined by factors including scope, complexity, location, skills, education, training, credentials, and experience. Employees are also eligible for performance-based cash incentive awards.

Benefits

• 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 includes tools, discounts, and resources to support your wellness goals and caregiving needs. The mental health program provides access to free professional counseling services, health coaching, and other resources.
• Volunteer Encouragement: Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.