Senior Development Underwriter

Travelers Companies, Inc.; London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance firm in London seeks an experienced underwriter to manage the profitability and growth of an assigned portfolio. Responsibilities include underwriting complex risks, maintaining broker relationships, and mentoring junior staff. The ideal candidate has a strong background in underwriting, critical thinking skills, and excellent communication abilities. A Levels or similar qualification required.

Qualifications

• Deep knowledge of products and the regulatory environment.
• Experience coaching and mentoring others.
• Ability to negotiate in difficult situations.

Responsibilities

• Manage the profitability and growth of a book of business.
• Underwrite and negotiate risks to maximize profitability.
• Cultivate and maintain relationships with brokers.

Skills

Underwriting skills

Strong critical thinking

Excellent communication

Analytical skills

Leadership abilities

Education

A Levels or similar

Job description

* Manage the profitability, growth, and retention of an assigned book of business primarily comprised of moderate to complex accounts across all our products.* Underwrite and skillfully negotiate moderate to complex 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.* Identify and take corrective action based on individual risk characteristics identified through Portfolio Management to actively manage your portfolio of risks.* 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 risk efficiently.* Prepare, lead and present Underwriting Reviews for individual policies or portfolios/schemes and manage action points.* 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 with a goal of writing and retaining accounts consistent with our risk appetite. Must be able to travel to meetings.* Develop and execute pipeline plans and support the renewal team in the retention of business that aligns with the team’s sales plans to drive success working in partnership with the sales team.* Train and mentor less experienced underwriters.* Support and collaboration for more junior members of the team, including referrals.* Perform other duties as assigned.* A Levels or similar qualification.* Knowledge: Deep knowledge of products, the regulatory environment, and the local insurance market.* Analytical/Critical thinking: Strong 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: Excellent communication skills with the ability to successfully negotiate in difficult situations with 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.* Leadership: Experience coaching and mentoring others.* Industry / Competitor Analysis: Review competitor press releases and industry trade press for helpful insights, linking key themes together and identifying applicability to team strategies.* Project Management: Participate in and/or lead projects that involves complex analysis and implementation of non-complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products.## **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 .