Middle Market Underwriter/Account Executive Officer
Company: The Travelers Indemnity Company
Location: Baltimore
Posted on: May 1, 2025
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$106,300.00 - $175,400.00Target Openings1What Is the
Opportunity?Commercial Accounts offers a wide array of
guaranteed-cost products to mid-size businesses. Total account
solutions include General Liability, Property, Automobile, Workers'
Compensation, and Lead Umbrella. The Account Executive (AE),
Commercial Accounts will partner with agents and brokers to provide
property, general liability, commercial auto, and/or workers'
compensation coverage for new and renewal business based on
customers' needs. As an AE, you are decisive, detail-oriented, and
know how to build relationships internally and externally to drive
results. Your ability to assess risk and sell our products will
contribute to the profitability and success of Travelers.What Will
You Do?
- Manage the profitability, growth, and retention of an assigned
book of business.
- Underwrite and skillfully negotiate customer accounts to
minimize risk and maximize profitability.
- Cultivate and maintain relationships with internal partners
within the business unit and across the enterprise to create sales
plans and 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 agency sales plans. Execute region/group
sales plans.
- Perform other duties as assigned.What Will Our Ideal Candidate
Have?
- Bachelor's degree.
- Three to five years of relevant underwriting experience with
experience in commercial lines.
- Knowledge of commercial lines products, the regulatory
environment, and the local insurance market.
- Strong critical thinking skills with the ability to proactively
identify underwriting, marketing, or financial challenges and
analyze available information to make timely decisions in alignment
with our risk appetite.
- Communication skills with the ability to successfully negotiate
with agents and brokers.
- CPCU designation.What is a Must Have?
- Two years of 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
PracticesTravelers 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 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 .
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Keywords: The Travelers Indemnity Company, Rockville , Middle Market Underwriter/Account Executive Officer, Other , Baltimore, Maryland
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