Finance Business Partner jobs in United Kingdom

Business Insurance helps companies in the UK and Ireland identify, prepare for and mitigate risks by offering a broad array of industry‑specific, combined property and casualty insurance solutions to customers. This includes SME solutions traded directly, Commercial Accounts traded via brokers, and Corporate Solutions to FTSE 350 Risk Managed companies. We are looking for a Senior Associate Underwriter to join our existing business team in Birmingham. You'll be part of the team responsible for business retention and growth, taking ownership of the complete renewal lifecycle—from initial quotes through successful binds—strategically managing existing business opportunities. This role offers you the chance to develop relationships within our established broker network, where you'll help maintain and grow partnerships that deliver continued insurance solutions for our valued customer base. You'll build on your analytical skills by evaluating risks within your assigned renewal portfolio, making thoughtful decisions that balance customer needs with business objectives with support from experienced team members. We're looking for an enthusiastic underwriting professional eager to grow their skills both within our organisation and across the industry, someone ready to build on their risk assessment techniques, negotiation skills, and grow their confidence in presenting our products to demonstrate ongoing value to clients. Your fresh perspective and dedication will contribute to Travelers' sustainable profitability and long‑ success through strong client retention, making this an excellent opportunity for a motivated professional ready to build their career as a trusted insurance advisor while working with our existing customer base.

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.

• With some support, manage the profitability, growth, and retention of an assigned portfolio comprised of routine to moderately complex accounts across most of our products.
• With some support, underwrite and negotiate moderate risks to minimise risk and maximise profitability, including Mid Term Adjustments (MTAs).
• With oversight, proactively manage your portfolio, ensuring key performance indicators are consistently achieved and you actively target new business and retention.
• Take corrective action in collaboration with your manager/team based on identified risk characteristics.
• Identify and capture opportunities to write additional lines of business using knowledge of products, risk characteristics and appetite.
• Proactively utilise various technology platforms to quote and bind risk efficiently.
• Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to identify cross‑selling opportunities.
• Foster and maintain relationships with brokers by phone, email or other communication channels to market and sell Travelers products to write and retain accounts consistent with our risk appetite. Must be able to travel to meetings.
• Execute submission, quotes and renewals with guidance from your manager and working in partnership with the sales team.
• Mentor less experienced underwriters.
• Perform other duties as assigned.
• Project Management: Participate in projects that involve the implementation of non‑complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products.

• Related insurance experience.
• A Levels or similar qualification.
• Some knowledge of products, the regulatory environment, and the local insurance market.
• Analytical/critical thinking skills to underwrite, market products, identify financial challenges, and analyse available information to make decisions in alignment with our risk appetite.
• Communication and influence skills to negotiate with agents and brokers.
• Inclusion mindset: ability to work with people from different backgrounds, cultures, and experiences.
• Industry/competitor analysis skills: review competitor press releases and industry trade press for insights.

• Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents at your expense through payroll deduction.
• Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
• Holiday Entitlement: Minimum of 25 days holiday entitlement annually, with the option to purchase additional days up to a total of 35 holidays per year.
• Wellness Programme: Includes tools, discounts and resources to help you achieve wellness goals, as well as a mental health programme offering free professional counselling services.
• Volunteer Encouragement: Matching gift and volunteer rewards programmes to give back to the community of your choice.

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.