Associate Underwriter - Surety

Travelers Companies, Inc.; Manchester; On-site; GBP 30,000 - GBP 50,000; Full time

Job summary

A leading insurance company in Manchester seeks a competent underwriter to manage credit risk and enhance broker relationships. The candidate will be responsible for assessing risks and ensuring documentation meets company standards. Required qualifications include a degree and experience in analytical thinking and teamwork. The role emphasizes excellent customer service and communication. Growth opportunities available within a dynamic environment.

Qualifications

• Understanding financial underwriting requirements pertaining to surety credit risk.
• Ability to underwrite and assess risk to maximize growth for assigned brokers.
• Capable of negotiating terms consistent with underwriting requirements.

Responsibilities

• Underwrite and assess risk for allocated broker panel.
• Develop and leverage broker/client relationships effectively.
• Participate in underwriting meetings and decision-making.

Skills

Analytical thinking

Decision making

Communication

Teamwork

Customer focus

Broker interaction

Relationship management

Education

Degree education

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

* Learn and understand Travelers’ financial underwriting requirements pertaining to surety credit risk.* Underwrite and assess risk to maximise business growth and profitability for allocated broker panel or clients. Make appropriate decisions within facility authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.* Make prompt, sound decisions within facility authority and based on appropriate underwriting information. Negotiate terms and conditions consistent with underwriting requirements and service.* Understand and execute Travelers' underwriting strategies and principles to produce budgeted results.* Working with Primary Underwriter on same broker panel/client to continuously manage book of business, maintaining quality of business, growth and profit.* Accountable for accurate bond underwriting documentation and information in account management systems and adherence to Travelers' documentation standards.* Actively engage and seek out training opportunities to further develop underwriting expertise.* Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g. planning and follow-up for client visits/meetings) in support of business objectives.* Effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office.* Actively participate in scheduled underwriting and meetings.* Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet Travelers' service standards* Support maintenance of exposure tracking systems to enable accurate reporting and facility monitoring.* Perform other duties as assigned.* Degree education.* A full, valid driving licence.* Intermediate knowledge and ability required in respect of analytical thinking, judgment, decision making, communication and strong team work.* Demonstrates proven ability in enhanced retention strategies.* Demonstrates intermediate ability in the areas of customer focus and positive broker interaction.* Demonstrates intermediate knowledge and ability in respect of Microsoft Office systems including Excel and Powerpoint.* Typically demonstrates intermediate relationship management skills.* Note:* Job descriptions are not intended to be exhaustive lists of all responsibilities, skills, efforts, or working conditions associated with a job, but are intended to accurately reflect principal job elements.* Confidential and proprietary for Travelers internal use only.## **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 .