Regional Underwriting Officer

The Travelers; Birmingham; Hybrid; GBP 65,000 - 95,000; Full time

Job summary

The Travelers in the United Kingdom is seeking a technically strong Property & Casualty specialist to join the Business Insurance Underwriting Office as a Regional Underwriting Officer. You will lead regional BI Retail strategies, coach underwriting teams, and partner with risk control, claims and operations to drive profitability.

You will develop and implement underwriting standards, mentor staff, and collaborate with brokers to grow profitability while maintaining high service and risk

Qualifications

• Bachelor's degree or higher education level.
• Proven track record of leading others at a senior underwriting level.
• Advanced proficiency in: organisation, financial acumen, communication, collaboration, presentation skills, networking and risk assessment.
• Leadership competencies: Leading the Business, Leading Others, Leading Self.
• ACII qualification.

Responsibilities

• Develop and implement long- and short-term underwriting strategies for BI Retail regionally.
• Ensure underwriting controls including cures and audit are applied.
• Advise and refer to achieve responsible product development aligned with profit and growth.
• Participate in strategic planning for BI Retail & Small business regionally and nationally.
• Strengthen broker/client relationships and visibility of underwriting capabilities.
• Mentor and coach underwriting staff to meet profitability objectives.
• Collaborate with Risk Control, Claims, and Operations to support underwriting decisions.
• Monitor underwriting results and propose corrective actions as needed.
• Analyze local market needs and share competitor insights with product/portfolio teams.

Skills

Leadership

Underwriting

Strategic Planning

Communication

Financial Acumen

Risk Assessment

Presentation Skills

Networking

Collaboration

Education

Bachelor's degree

ACII qualification

Job description

What Is the Opportunity?

We are looking for a technically strong Property & Casualty specialist to join our Business Insurance Underwriting Office team as a Regional Underwriting Officer. In this role you work with internal Underwriting teams to manage and implement underwriting standards across the UK. You'll build strong relationships with your Underwriting teams, using your expertise to act as a technical referral point. You'll coach and develop underwriting knowledge; supporting colleagues through training, courses, and technical guidance.

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.

What Will You Do?

• Implement and participate in the development of long and short term underwriting strategies to effectively position BI Retail, regionally traded products to market the right products, programs and/or services to the right market segment through responsible underwriting decisions.
• Ensure Underwriting Controls including Cures and Audit are taken and promptly acted upon.
• Participate as an advisor / referral point to achieve responsible product development to ensure it is consistent with profit, growth and retention strategies.
• Participate in the strategic business planning activities for BI Retail & Small business both regionally and nationally that are designed to increase the presence in the market; retain the appropriate mix of business; and achieve overall growth and profit goals.
• Assist with the development and leveraging of broker/client relationships through a high level of visibility.
• Work tactically with brokers to ensure they have an appropriate level of understating of BI Retail goals and objectives.
• Provide underwriting leadership at regular regional underwriting meetings as appropriate.
• Develop and ensure effective utilisation of detailed monitoring standards to assess underwriting results and propose solutions.
• Analyse local market needs and trends as they impact the regions marketing initiatives and provide competitor information to product and portfolio management staff.
• In conjunction with regional and branch management effectively mentor and coach development underwriting staff to ensure production, underwriting standards and profitability objectives are achieved.
• Develop and maintain relationships with internal resources (i.e. Risk Control, Claims, Operations, etc.) to ensure effective operation of underwriting and marketing decisions.
• Undertake any other reasonable duties.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelors degree or higher education level.
• Previous proven track record of leading others at a senior underwriting level.
• Advanced level of proficiency required in the following. Organisation, Financial Acumen, Communication, Collaboration, Presentation Skill, Networking, Risk Selection and Critical and Analytical Thinking.
• Advanced level of proficiency required in the following leadership competencies: Leading the Business including: Change Management, Strategic Planning, Making Decisions, Results Orientation, Influencing, Leadership, Power, Business Perspective, Risk Taking, Innovation and Understanding & Navigating the Organisation.
• Leading Others including:Forging Synergy, Develops Employees, Building Collaborative Relationships, Communicating Effectively, Leveraging Differences, Participative Management and Leading Employees.
• Leading Self including: Openness to Influence, Flexibility, Demonstrates Leadership Stature, Self- Awareness,Credibility and Seeks Opportunities to Learn.
• ACII qualification.

What is a Must Have?

• ACII.
• Advanced experience of Property & Casualty Underwriting.

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 170 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.