Associate Underwriter - SME

Travelers Companies, Inc.; Birmingham; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance provider in Birmingham is seeking an Underwriter to manage a portfolio's profitability and growth. Responsibilities include underwriting risks, cultivating relationships with brokers, and collaborating with internal teams to target new business. Ideal candidates should have A-Levels or similar qualifications and some insurance experience. Strong critical thinking and communication skills are essential. The role supports diversity and inclusion within the workplace.

Qualifications

• Some prior related Insurance experience required.
• Critical thinking skills to analyze risks and profitability.
• Ability to work with diverse teams and backgrounds.

Responsibilities

• Manage the profitability and retention of an insurance portfolio.
• Underwrite and negotiate routine risks effectively.
• Cultivate relationships with brokers and internal partners.

Skills

Analytical/Critical thinking

Communication skills

Negotiation

Education

A-Levels or similar qualification

Job description

* Manage the profitability, growth, and retention of an assigned small portfolio.* Underwrite and negotiate routine risks to minimise risk and maximise profitability, including Mid Term Adjustments (MTAs).* Proactively manage your portfolio, ensuring key performance indicators are consistently achieved and you actively target new business and retention.* Take corrective action in collaboration with your Manager / Team based on identified risk characteristics.* Identify and capture opportunities to write additional lines of business using knowledge of products, risk characteristics and appetite.* Proactively utilise various technology platforms to quote and bind E-Trade risk efficiently.* Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to identify cross-selling opportunities.* Foster and maintain relationships with brokers by phone, email or other communication channels to market and sell Travelers products to write and retain accounts consistent with our risk appetite.* Execute submission, quotes and renewals with guidance from your manager and working in partnership with the sales team.* Perform other duties as assigned.* Knowledge: Some knowledge of products, the regulatory environment, and the local insurance market.* Analytical/Critical thinking: Critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyse available information to make decisions in alignment with our risk appetite.* Communication/Influence: Communication skills with the ability to negotiate with agents and brokers.* Inclusion: Ability to work with people from different backgrounds, experiences, cultures, races, etc. and views those differences as assets to be leveraged to accomplish business goals and objectives.* Industry / Competitor Analysis: Review competitor press releases, and industry trade press for helpful insights.* Project Management: Participate in projects that involves the implementation of non-complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products.* UK: A-Levels or similar qualification* Some prior related Insurance experience.## **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 are a candidate and have specific 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.To learn more about our comprehensive benefit programs please visit .