Account Executive/Underwriter - Rancho Cordova, CA

VetJobs and Military Spouse Jobs

$89K — $148K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field
  • 3-5 years of underwriting experience in commercial lines
  • CPCU designation preferred
  • Strong understanding of commercial lines products and local insurance market
  • Proven critical thinking and decision-making skills

Responsibilities

  • Manage profitability, growth, and retention of assigned accounts
  • Underwrite and negotiate to balance risk and profitability
  • Cultivate relationships with internal and external partners
  • Foster agent and broker relationships through regular meetings and marketing efforts
  • Identify and secure new business opportunities
  • Develop and execute agency sales plans
  • Perform additional duties as assigned

Benefits

  • Opportunity to work with military-affiliated job seekers
  • Engagement in diverse accounts and products
  • Collaborative work environment with internal teams
  • Potential for travel to meet with partners
  • Focus on professional development and growth opportunities
Full Job Description
Job Description

ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps.

Salary Range
$89,800.00 - $148,300.00

Target Openings
1

What Is the Opportunity?
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 Lead Umbrella. The Account Executive (AE), Commercial Accounts will partner with agents and brokers to provide property, general liability, commercial auto, and/or workers' compensation coverage for new and renewal business based on customers' needs. As an AE, you are decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to assess risk and sell our products will contribute to the profitability and success of Travelers.
What Will You Do?

Manage the profitability, growth, and retention of an assigned book of business.
Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability.
Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities.
Foster and maintain relationships with external partners by regularly meeting in person with agents and brokers 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 such meetings.
Identify and capture new business opportunities using consultative marketing and sales skills.
Develop and execute agency sales plans. Execute region/group sales plans.
Perform other duties as assigned.

Additional Qualifications/Responsibilities

Bachelor's degree.
Three to five years of relevant underwriting experience with experience in commercial lines.
Knowledge of commercial lines products, the regulatory environment, and the local insurance market.
Strong critical thinking skills with the ability to proactively identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite.
Communication skills with the ability to successfully negotiate with agents and brokers.
CPCU designation.

What is a Must Have?

Two years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience.

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