Senior Underwriter - Corporate

SPE Travelers Management, LTD; Birmingham; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance company seeks a Senior Underwriter to provide bespoke insurance solutions to complex clients in the UK and Ireland. The role involves client engagement, technical underwriting, and managing large accounts, offering a £2,500 new joiner bonus and comprehensive benefits including private medical insurance and a robust pension plan.

Benefits

Private Medical Insurance

Retirement contributions

Minimum 25 days holiday

Wellness Programme

Volunteer Encouragement

Qualifications

• Previous experience in underwriting Property and Casualty classes.
• Significant experience managing large UK Corporate Clients.

Responsibilities

• Manage large cross-class renewal accounts and triage new business opportunities.
• Mentor and coach development underwriting staff.
• Establish collaborative relationships with colleagues and clients.

Skills

Analytical thinking

Communication

Teamwork

Customer focus

Relationship management

Education

ACII qualification

Tools

Microsoft Office

Job description

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

Target Openings

What Is the Opportunity?

Our Corporate team uses their specialist expertise to offer bespoke insurance solutions to our largest and most complex clients in the UK and Ireland. Due to our continued growth, we are looking for a Senior Underwriter to join our team in any of our UK or Ireland offices.

In this interesting and varied role, you will be involved from the early stages of client engagement through close interaction and collaboration with our colleagues in Risk Control, Claim, and other critical stakeholders both in the UK and the US. You’ll be responsible for triaging new business opportunities and developing prospects, leading the technical underwriting of these risks, and helping to deliver Travelers’ bespoke customer proposition. You’ll manage an assigned allocation of large cross-class renewal accounts and will also be one of the primary contacts for our regional underwriting teams, providing technical support to assist in writing new business and retaining our existing accounts with our broking partners.

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 £2,500 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?

• Participate as an advisory / referral point to achieve responsible product development within the Corporate division to ensure it is consistent with profit, growth, and retention strategies for the Product.
• Active engagement in key case underwriting and new business.
• In conjunction with Regional and Branch Management, effectively mentor and coach development underwriting staff to ensure underwriting standards and profitability objectives are achieved for Product Development.
• Assist in the development and leveraging of broker / client relationships through a high level of visibility.
• Act as large case expert both internally and externally.
• Assist the Director of Corporate to determine sector strategy.
• Encourage others to help achieve underwriting, sales, and production goals and work towards strategic objectives.
• Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and other parts of the organization as needed.
• In exercising own underwriting authority, ensure that policies and accounts are effectively underwritten, handled, and documented in compliance with company and regulatory standards and requirements.
• Develop and leverage broker / client relationships through high visibility and a disciplined sales management approach (e.g., planning and follow-up for broker and prospective customer visits / meetings) in support of business objectives.
• Demonstrate superior customer service standards (consistency, quick response, knowledge of products).
• Engage with customers to meet response time and product knowledge expectations.
• Work strategically and tactically with brokers to ensure they understand BI goals and objectives.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Advanced knowledge and ability in analytical thinking, judgment, decision-making, communication, and teamwork.
• Proven ability in broker planning and engagement activities.
• Advanced ability in customer focus and positive broker interaction.
• Intermediate knowledge of Microsoft Office systems, including Excel and PowerPoint.
• Typically demonstrates advanced relationship management skills.
• ACII qualification preferred.

What is a Must Have?

• Previous experience in underwriting Property and Casualty classes of business.
• Significant experience managing or engaging with large UK Corporate Clients.

What Is in It for You?

• Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for dependents at your expense via payroll deduction.
• Retirement: Travelers will contribute a percentage of your salary to your Pension Plan. Additional contributions increase this benefit.
• Holiday Entitlement: Starting with a minimum of 25 days annually, with options to purchase additional days for up to 35 days total.
• Wellness Programme: Tools, discounts, and resources to support your health and caregiving needs, including free professional counseling services.
• Volunteer Encouragement: Opportunities to give back through our Matching Gift and Volunteer Rewards programmes.

Employment Practices

Travelers is an equal opportunity employer. We value the diverse abilities and talents each individual brings to our organization and recognize the benefits of our differences.

If you have specific questions regarding the physical requirements of this role, please contact us for assistance.

Travelers reserves the right to fill this position at a level above or below that indicated in this posting.

To learn more about our benefits, please visit our website.