UW Officer, Inland Marine

Travelers; United States; Remote; USD 142,000 - 236,000; Full time

Job summary

A leading property casualty insurer seeks an Underwriting Officer for Inland Marine. Responsible for developing underwriting strategies and leading the team to maximize profit and retention. Ideal candidates will have substantial experience in commercial underwriting and a Bachelor's degree, with strong communication and critical thinking skills.

Benefits

Health Insurance

Pension Plan

20 days Paid Time Off annually

Wellness Program

Volunteer Encouragement

Qualifications

• Eight or more years of commercial underwriting experience with Inland Marine.
• Expert knowledge of risk appetite and Inland Marine products.

Responsibilities

• Assess, design, implement, and/or lead underwriting strategies.
• Oversee and influence underwriting execution and quality.

Skills

Critical Thinking

Communication Skills

Education

Bachelor’s degree

Job description

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 160 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

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

$142,500.00 - $235,100.00

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 160 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

$142,500.00 - $235,100.00

Target Openings

1

What Is the Opportunity?

Inland Marine provides protection for business properties that are mobile in nature or require unique valuation. Coverages extend to properties that are owned or in a business's care related to construction, transportation, fine art, and renewable energy.

As an Underwriting Officer, Inland Marine, you are an underwriting subject matter expert and integral member of a field leadership team. By leveraging your expertise to educate underwriters, lead Collaborative Underwriting Review Evaluations (CUREs), and drive the development and successful execution of underwriting strategies, you will influence the overall profitability, growth, and retention of business for an assigned group.

What Will You Do?

• Assess, design, implement, and/or lead underwriting strategies and practices in support of profit and growth objectives for assigned group.
• Oversee and influence underwriting execution through individual risk and/or portfolio CUREs as well as through the evaluation of underwriter proficiency and underwriting quality.
• Drive the development of key underwriting capabilities and best practices through coaching and trainings while educating underwriters on strategy and guidelines to enhance efficiency and effectiveness for assigned group.
• Monitor trends, emerging issues, and underwriting results for assigned book of business and partner with underwriting leadership to take action, as needed.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor’s degree.
• Eight or more years of commercial underwriting experience with experience in Inland Marine.
• Expert level knowledge of risk appetite and risk selection, Inland Marine products, as well as the regulatory environment and local insurance marketplace.
• Strong critical thinking skills with the ability to proactively identify underwriting and financial challenges and analyze available information to make timely decisions in alignment with risk appetite.
• Strong interpersonal and communication skills with the ability to lead and influence others.

What is a Must Have?

• Six years of commercial underwriting 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/ .

Protect your personal and business investments with Travelers Insurance. From auto insurance to homeowners or business insurance, we have the solution to suit your needs.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at [e-mail] or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report . NYC applicants may request an alternative process or accommodation at [e-mail] or 407-000-0000.