Construction Surety Underwriter - Financial Analyst

The Travelers Indemnity Company; Centennial (CO); On-site; USD 70,000 - 116,000; Full time

Benefits offered by this job

Health Insurance

401(k) Match

Paid Time Off

Wellness Program

Volunteer Rewards

Job summary

The Travelers Indemnity Company is seeking an Associate Account Executive for its Construction Services team. You will build relationships with agents and brokers to provide insurance or surety solutions to customers, while analyzing risk to meet business goals within an assigned book of business.

You will be decisive, detail-oriented, and develop the ability to assess risk and sell our products, contributing to Travelers’ profitability and success. Travel to meetings is required.

Qualifications

• Bachelor’s degree required.
• One to three years of underwriting experience.
• Applicable professional experience in underwriting and risk assessment.
• Strong communication and negotiation skills.

Responsibilities

• Manage profitability, growth, and retention for a defined book of business.
• Underwrite and negotiate routine customer accounts to minimize risk.
• Partner with leadership to execute underwriting strategies for profit and growth.
• Cultivate relationships with internal partners and external agents/brokers.
• Travel to in-person meetings to market Travelers products and write/retain accounts.
• Identify new business opportunities through consultative marketing and sales.
• Execute agency, region, and group sales plans with management guidance.
• Perform other duties as assigned.

Skills

Negotiation

Communication

Critical thinking

Relationship building

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.

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

$70,400.00 - $116,200.00

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 Construction Services team which provides surety bonds to public and private owners of construction projects. Underwriters also analyze business operations, financial statements and evaluate market forces to provide consultative services to contractors.

The Associate Account Executive (AAE) will build relationships with agents and brokers to provide insurance or surety solutions to customers. An AAE will analyze and evaluate risk to achieve business goals within an assigned book of business.

As an AAE, you are decisive, detail-oriented, and are learning to build relationships internally and externally to drive results. As you develop the ability to assess risk and sell our products, you will contribute to the profitability and success of Travelers.

As of the date of this posting, Travelers anticipates that this posting will remain open until September 11, 2026.

What Will You Do?

• Manage the profitability, growth, and retention of a typically smaller assigned book of business.
• Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability.
• Partner with leadership, 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.
• Execute agency, region, and group sales plans with guidance from management.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Applicable professional experience.
• Bachelor’s degree.
• One to three years of applicable underwriting experience.
• Working knowledge of products, the regulatory environment, and local market conditions.
• 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 negotiate with agents and brokers.

What is a Must Have?

• One year of related professional 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/.