The Travelers Companies, Inc

AVP, National Underwriting Officer, Inland Marine

The Travelers Companies, Inc • $177K — $293K *
Hartford, CT 06106Hybrid
Finance & Insurance
8 - 10 years of experience
4 days ago
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Job Overview by Ladders

Qualifications

  • Bachelor’s degree required.
  • 10+ years of commercial underwriting experience, with a focus on Inland Marine.
  • Expert knowledge of risk appetite, Inland Marine products, and the insurance marketplace.
  • Strong critical thinking abilities for timely decision-making aligned with risk appetite.
  • Excellent interpersonal and communication skills for leadership and influence.
  • Team-building and inclusive leadership experience in both independent and collaborative settings.

Responsibilities

  • Assess, design, and implement nationwide underwriting strategies and practices.
  • Oversee complex individual risk and portfolio CUREs to enhance underwriting execution.
  • Provide strategic direction, coaching, training, and performance management for the team.
  • Develop underwriting capabilities and best practices through education and training programs.
  • Monitor trends and results within the national book of business to inform strategy development.
  • Perform additional duties as assigned.

Benefits

  • Health insurance coverage for employees and eligible family members from day one.
  • 401(k) matching contributions with additional support for student loan payments.
  • Minimum of 20 days of Paid Time Off annually plus nine paid holidays.
  • Access to a comprehensive wellness program and mental health resources.
  • Matching gift and volunteer rewards program to encourage community involvement.
Full Job Description
Job Category

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range
$177,900.00 - $293,600.00

Target Openings
1

What Is the Opportunity?
Inland Marine provides protection for business properties that are mobile in nature or require unique valuation. Coverages extend to properties that are owned or in a business's care related to construction, transportation, fine art, and renewable energy. As an AVP, Underwriting Officer, Inland Marine, you are an underwriting subject matter expert and leader of a team of underwriting officers. You play a central role in a home office underwriting team and share accountability for the countrywide profitability, growth, and retention of business for your assigned industry segment. To that end, you will deploy your leadership skills and underwriting expertise to drive the development and successful execution of national underwriting strategies, lead complex Collaborative Underwriting Review Evaluations (CUREs), champion the development of underwriting capabilities, and uphold underwriting compliance and quality assurance within your segment.
What Will You Do?
  • As an underwriting leader, assess, design, implement, and drive successful underwriting strategies and practices, assuming responsibility for countrywide profit and growth objectives.
  • Oversee and influence underwriting execution through the most complex individual risk and/or portfolio CUREs as well as through the evaluation of underwriter proficiency and underwriting quality.
  • Provide strategic direction and support for team and take responsibility for coaching, training, and performance management.
  • Lead the development of key underwriting capabilities and best practices through coaching and trainings while educating underwriters on strategy and guidelines to enhance countrywide efficiency and effectiveness.
  • Monitor trends, emerging issues, and underwriting results for national book of business. Leverage findings to develop countrywide business strategies and partner with home office and field leadership to drive execution.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor’s degree.
  • Ten or more years of commercial underwriting experience with experience in Inland Marine.
  • Expert level knowledge of risk appetite and risk selection, Inland Marine products, as well as the regulatory environment and the national and local insurance marketplace.
  • Strong critical thinking skills with the ability to proactively identify underwriting and financial challenges and analyze available information to make timely decisions in alignment with risk appetite.
  • Strong interpersonal and communication skills with the ability to lead and influence others.
  • Strong team building and inclusive leadership skills with the ability to work independently and collaboratively with internal and external partners.

What is a Must Have?
  • Eight years of commercial underwriting experience.
  • Two years of people and/or portfolio leadership experience.

What Is in It for You?
  • Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Finance & Insurance
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ
TRV
* Ladders Estimates

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