Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Underwriting
Target Openings
1
What Is the Opportunity?
We are looking for an Assistant Underwriter to support our UK Marine team on a 12 month fixed term contract.
In this role you will support the Underwriting team in managing the profitability of the Marine book by underwriting and processing new business, renewals and mid term adjustments, monitoring rate adequacy of all business written or handled.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £1,500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
What Will You Do?
- Support the overall profitability, growth and retention of your assigned Line of Business and consistency of all related underwriting initiatives.
- Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with:
- individual underwriting authority where relevant, with approval under the Lloyds Individual Registration Byelaw.
- the Unit's business plan for the relevant year.
- Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.
- Assist the underwriters on a day to day basis to ensure a timely and professional service to clients.
- Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.
- May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Previous experience working within Property and Casualty insurance preferred.
- Able to effectively share information and build team support.
- Able to communicate clearly.
- Able to develop effective working relationships internally and externally.
- Able to perform in a business professional manner with a positive attitude.
- Able to determine priorities and effectively schedule time.
- Able to ask for assistance in setting deadlines.
- Expected to either already be studying, or be willing to study towards ACII qualification.
What is a Must Have?
- Previous work experience required.
- Previous experience of Windows MS Office.
- Secondary level education or equivalent required.
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 http://careers.travelers.com/life-at-travelers/benefits/.
