Underwriting Professional Development Program - Construction Surety
Company: The Travelers Companies Inc.
Location: Houston
Posted on: May 9, 2024
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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 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.Compensation OverviewThe 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$56,400.00 - $93,100.00Target Openings1What 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.In
the Underwriting Professional Development Program (UPDP), you will
build underwriting skillsets through a blend of mentorship,
classroom instruction, and on-the-job training.As a member of the
UPDP, you will work with a collaborative team of underwriters that
will provide you with the opportunity to build a successful career
within the unique field of specialty insurance and surety.What Will
You Do?Gather and analyze pertinent information including financial
statements in order to evaluate the acceptability of business
risk.Build relationships with agents, brokers, and insured clients
to help achieve business goals.Undergo extensive training in order
to underwrite, market to, negotiate with, and influence agents and
brokers to manage a profitable book of business.Begin to build and
understand relationships with Travelers employees within the
business unit and across the enterprise in order to begin to create
sales plans.Ability to travel to internal meetings with team
members and external meetings with agents, brokers, and
clients.Perform other duties as assigned.What Will Our Ideal
Candidate Have?Applicable professional experience.Take the
initiative on tasks with the ability to learn the industry, product
line, and internal programs and platforms.Demonstrates effective
verbal, written and listening communication skills.Ability to
leverage analytical skills.What is a Must Have?Bachelor's degree or
one year of applicable business 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 PracticesTravelers is an equal opportunity
employer. We believe that we can deliver the very best products and
services when our workforce reflects the diverse customers and
communities we serve. We are committed to recruiting, retaining and
developing the diverse talent of all of our employees and fostering
an inclusive workplace, where we celebrate differences, promote
belonging, and work together to deliver extraordinary results.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 0by Jobble
Keywords: The Travelers Companies Inc., Texas City , Underwriting Professional Development Program - Construction Surety, Professions , Houston, Texas
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