Construction Surety Underwriter - Flowood, MS

VetJobs; Flowood (MS); On-site; USD 60,000 - 75,000; Full time

Job summary

Travelers Insurance in Flowood, MS, is seeking an underwriter/AAE to manage a small book of business, underwrite routine accounts, and build strong relationships with agents and brokers. Travel to meetings is expected to market Travelers products and secure new and retained accounts within risk appetite.

The ideal candidate will hold a High School/GED and/or Bachelor’s degree, with 1–3 years of underwriting experience, strong analytical and negotiation skills, and knowledge of regulatory

Qualifications

• 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.
• One year of related professional experience.

Responsibilities

• 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.

Skills

Underwriting

Negotiation

Relationship building

Sales

Education

High School/GED

Bachelor’s degree

Job description

Job Description

ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. If you have the required skill set, education requirements, and experience

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

$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.

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.

Minimum Education Required

High School/GED

Additional Qualifications/Responsibilities

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.

City*

Flowood

State*

Mississippi

Job_Category

Analyst

Job Code

Ins Insurance

Affiliate Sponsor

Travelers Insurance

Salary Range

$60,000-$75,000

Auto req ID

482758BR