Account Executive / Underwriter - Commercial Surety

Travelers; Franklin (TN); On-site; USD 90,000 - 148,000; Full time

Benefits offered by this job

Health Insurance

401(k) with match

Pension Plan

Paid Time Off

Wellness program

Volunteer program

Job summary

Travelers is seeking an experienced underwriter to join the Commercial Surety team in the United States. You will evaluate risk, price solutions, and build strong relationships with clients, agents, and brokers to provide surety products.

You will manage a defined book of business, negotiate to maximize profitability, and travel to meet with partners as needed. This role supports Travelers’ risk appetite and growth objectives across domestic markets.

Qualifications

• Bachelor’s degree required.
• 3–5 years underwriting experience.
• Working knowledge of products, the regulatory environment, and local market conditions.
• Strong critical thinking skills to underwrite, market, and analyze information.
• Excellent negotiation and communication with agents and brokers.

Responsibilities

• Manage profitability, growth, and retention of an assigned book of business.
• Underwrite and negotiate customer accounts to minimize risk and maximize profitability.
• Execute underwriting strategies across your book of business to achieve profit and growth objectives.
• Cultivate and maintain relationships with internal partners to identify cross‑selling opportunities.
• Meet with agents and brokers to market and sell Travelers products and write/retain accounts.
• Travel to meetings as required.
• Develop and execute individual agency sales plans aligned with team goals.
• Perform other duties as assigned.

Skills

Underwriting experience

Critical thinking

Negotiation

Communication

Regulatory knowledge

Education

Bachelor’s degree

Job description

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 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.

Job Category Underwriting 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 $89,800.00 - $148,300.00

Target Openings 1

What Is the Opportunity?

Bond & Specialty Insurance provides management and professional liability insurance, as well as surety bonds to businesses and non‑profit organizations of all sizes.

As an underwriter, you will have a dynamic role that blends evaluating and analyzing financial and business risk, building relationships, and selling and negotiating with clients, agents, and brokers.

This role is part of the Commercial Surety team which provides surety bonds for individuals and businesses of all sizes both domestically and internationally.

In the role, the Commercial Surety team member works in a fast‑paced environment with a local and national team to build client, agent, and broker relationships, evaluate and price risk through financial and contractual underwriting, and offer surety product line solutions to our agents and customers.

The Account Executive (AE) will build and maintain relationships with agents and brokers to provide insurance or surety solutions to customers.

An AE will analyze and evaluate risk to achieve business goals within an assigned book of business.

As an AE, you are decisive, detail‑oriented, and know how to build relationships internally and externally to drive results.

Your ability to assess risk and sell our products will contribute to the profitability and success of Travelers.

What Will You Do?

Manage the profitability, growth, and retention of an assigned book of business.

Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability.

Execute business unit underwriting strategies across your book of business to achieve profit and growth objectives.

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 external partners by regularly meeting in person with agents and brokers to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite.

Must be able to travel to such meetings.

Identify and capture new business opportunities using consultative marketing and sales skills.

Develop and execute individual agency sales plans that align with the team’s sales plans to drive success.

Perform other duties as assigned.

What Will Our Ideal Candidate Have?

Bachelor’s degree.

Three to five years of applicable underwriting experience.

Working knowledge of products, the regulatory environment, and local market conditions.

Strong critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze available information to make decisions in alignment with our risk appetite.

Communication skills with the ability to successfully negotiate with agents and brokers.

What is a Must Have?

Two years of underwriting, product knowledge, financial analysis, or risk assessment 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 value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

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/. Travelers has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.