Construction Surety Underwriter: Risk & Relationships

Travelers; Richardson (TX); On-site; USD 90,000 - 148,000; Full time

Benefits offered by this job

Health Insurance

401(k) match

Paid Time Off

Wellness program

Volunteer encouragement

Job summary

Travelers in Richardson, TX, is seeking an Underwriter within Bond & Specialty Insurance to evaluate risk, build client relationships and negotiate with agents and brokers. You will analyze financial statements and market forces to advise on surety solutions for construction projects.

This role requires a bachelor’s degree and several years of underwriting experience, with strong communication and analytical skills.

Qualifications

• Bachelor's degree.
• Three to five years of underwriting experience.
• Working knowledge of products, regulatory environment, and local market conditions.
• Strong critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze information to make decisions in alignment with risk appetite.
• Communication skills with the ability to successfully negotiate with agents and brokers.

Responsibilities

• 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.

Skills

Underwriting experience

Critical thinking

Negotiation

Communication skills

Education

Bachelor's degree

Job description

Travelers in Richardson, TX, is seeking an Underwriter within Bond & Specialty Insurance to evaluate risk, build client relationships and negotiate with agents and brokers. You will analyze financial statements and market forces to advise on surety solutions for construction projects.

This role requires a bachelor’s degree and several years of underwriting experience, with strong communication and analytical skills.