PI MARINE - UNDERWRITER/ACCOUNT EXECUTIVE

The Travelers Companies
CT, United States
$59.4K-$98.1K a year
Full-time
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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.

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

$59,400.00 - $98,100.00

Target Openings

What Is the Opportunity?

Travelers Personal Insurance Boat & Yacht Team specializes in providing Boat & Yacht insurance coverages for our customers.

This team plays a critical role in the achievement of financial objectives by contributing to the profitability and success of Travelers.

As an Account Executive, PI Marine, you will partner with agents, brokers, and consumers to provide coverages that meet customers' needs.

You will focus on marketing and underwriting boat / yacht business and developing and maintaining effective relationships with agents and brokers.

What Will You Do?

  • Manage the profitability, growth and retention of an assigned book of business for a state and / or region.
  • Underwrite risks for new and renewal business to minimize risk and maximize profitability.
  • Foster and maintain relationships with assigned agents and brokers by regularly meeting in person to market and sell Travelers products with goal to write and retain boat / yacht policies consistent with Travelers risk appetite.
  • Assess agent / broker results against financial and business objectives. Collaborate closely with Claim partners to understand claim trends.
  • Cultivate and maintain relationships with Personal Insurance and Enterprise partners and with minimal assistance develop new business and sales plans and identify cross-selling opportunities.

Execute agency new business and sales plans

Identify new business and retention opportunities with minimal assistance by promoting Travelers products and services and utilizing consultative marketing and sales approaches.

May prepare marketing and sales approaches and recommendations for leadership.

Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • Bachelor's degree or equivalent related work experience
  • Suitable and equivalent combination of education and work experience.
  • 2 years of underwriting experience required.

What is a Must Have?

Two years of underwriting 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.

Employment Practices

Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve.

We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

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 / .

4 days ago
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