Underwriter, Account Executive - Overland Park, KS
This position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers.
About the Role
The Boiler & Machinery (Equipment Breakdown) Business Center underwrites and negotiates low to mid-sized Boiler & Machinery new and renewal business accounts for assigned agents, brokers, client companies, and/or internal business unit partners. The Account Executive (AE), Boiler & Machinery Business Center is responsible for account profitability, growth, and retention consistent with Travelers underwriting and marketing strategies and in coordination with Boiler & Machinery and BoilerRe Account Executives. As an AE, you will collaborate with internal and external partners to provide coverage for new and/or renewal business based on customers' needs and hold responsibility for a routine to complex book of business in a high-volume environment.
Responsibilities
- Manage the profitability, growth, and retention of an assigned book of business.
- Underwrite and negotiate a mix of routine and more complex accounts to minimize risk and maximize profitability by performing appropriate underwriting analysis while following underwriting compliance guidelines and best practices.
- Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to support market penetration objectives and identify cross-selling opportunities.
- Foster relationships with external partners by delivering seamless underwriting experiences and solutions.
- Identify and capture new business opportunities using consultative marketing and sales skills.
- Support the execution of agency, region, and group sales plans.
- May assist in the training and mentoring of less experienced Account Executives.
- May undertake individual or collaborative project work.
- Perform other duties as assigned.
Requirements
- High School diploma or GED.
- Two years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience.
Qualifications
- Bachelor's degree (ideal candidate).
- Three to five years of relevant underwriting experience with experience in Boiler & Machinery (Equipment Breakdown).
- Strong knowledge of Boiler & Machinery products, the regulatory environment, and the local insurance market.
- Strong critical thinking skills with the ability to identify routine underwriting, marketing, or financial challenges and analyze available information to make decisions in alignment with our risk appetite.
- Automation platform skills with the use of management information tools, rating systems, and Microsoft applications such as Word, Excel, Outlook, etc.
- Organization and time management skills that allow the management of multiple tasks, prioritization, and effective work outcomes in a fast-paced, detail-oriented environment.
- Sales and negotiation skills.
- Collaboration skills to establish strong relationships and network within the Enterprise and externally.
- Strong communication, awareness, and influence skills in the disciplines of interpersonal and small group communications as well as appropriate and effective written communication.
- CPCU designation (ideal candidate).
Pay
The annual base salary range for this position is $81,500 - $134,500. Employees are also eligible for performance-based cash incentive awards as part of our comprehensive compensation and benefits program.