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Jobs in Glasgow, lanarkshire
Regional Underwriting Officer
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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
Target Openings
What Is the Opportunity?
We've got big growth ambitions! We are looking for a Regional Underwriting Officer to join one of our UK offices.
In this role you will be responsible for the implementation and management of strategic underwriting decisions and all related processes within Business Insurance (BI) Retail. You will review and develop underwriting standards and manage the underwriting process. You will work in conjunction with the BI Retail leadership to ensure that underwriting results for the region enhance overall profitability, growth and retention of business and are consistent with all related underwriting initiatives.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £2,500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
What Will You Do?
- Implement and participate in the development of long and short term underwriting strategies to effectively position BI Retail, regionally traded products to market the right products, programs and / or services to the right market segment through responsible underwriting decisions.
- Ensure Underwriting Controls including Cures and Audit are taken and promptly acted upon.
- Participate as an advisor / referral point to achieve responsible product development to ensure it is consistent with profit, growth and retention strategies.
- Participate in the strategic business planning activities for BI Retail & Small business both regionally and nationally that are designed to increase the presence in the market; retain the appropriate mix of business; and achieve overall growth and profit goals.
- Assist with the development and leveraging of broker / client relationships through a high level of visibility.
- Work tactically with brokers to ensure they have an appropriate level of understating of BI Retail goals and objectives.
- Provide underwriting leadership at regular regional underwriting meetings as appropriate.
- Develop and ensure effective utilisation of detailed monitoring standards to assess underwriting results and propose solutions
- Analyse local market needs and trends as they impact the regions marketing initiatives and provide competitor information to product and portfolio management staff.
- In conjunction with regional and branch management effectively mentor and coach development underwriting staff to ensure production, underwriting standards and profitability objectives are achieved.
- Develop and maintain relationships with internal resources (i.e. Risk Control, Claims, Operations, etc.) to ensure effective operation of underwriting and marketing decisions.
- Undertake any other reasonable duties.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
What is a Must Have?
What Is in It for You?
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.
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 .