Development Underwriter - Cyber

Overview

Our Cyber team is looking for an experienced Development Underwriter who understands the Lloyd's and London markets and is ready to take ownership of a broker portfolio. You will apply technical underwriting expertise and strong commercial instincts to write new and renewal business while building lasting broker relationships.

Responsibilities

• Underwrite and assess risk for products and accounts from assigned brokers.
• Make underwriting decisions within your authority and provide recommendations to regional or product leadership.
• Consider pricing, retention, endorsements, limits, and indemnity to maximize profitability.
• Negotiate terms and conditions in line with underwriting requirements and within submission timeframes.
• Execute product segment strategies to meet budgeted results.
• Maintain the quality of business per the region's underwriting strategy.
• Ensure accurate underwriting documentation in account management systems.
• Engage in training opportunities to further develop underwriting expertise.
• Develop and nurture broker/client relationships through planning and follow up visits.
• Execute sales plans in collaboration with regional sales leadership.
• Identify and capture new business opportunities and cross sell products.
• Build collaborative relationships with colleagues in other units and regions.
• Participate in regional and product underwriting or sales meetings.
• Deliver superior customer service and assist others in achieving underwriting and sales goals.
• Work tactically with brokers to explain Travelers' goals and objectives.
• Perform other duties as assigned.

Qualifications

• Degree in a related field.
• Strong knowledge of industry operations, financial drivers, and local insurance marketplace.
• Relationship management skills to build and maintain productive alliances.
• Business perspective: use internal and external factors to make informed decisions.
• Analytical thinking and financial acumen to evaluate underwriting impact on profitability.
• Technical proficiency in underwriting to make sound quoting and pricing decisions.
• ACII qualification.
• Previous experience underwriting management liability, professional indemnity, or financial institutions.

Benefits

• Private Medical Insurance cover on commencement of employment.
• Core pension contribution with option for additional employee contributions.
• Minimum of 25 days holiday entitlement annually, with option to purchase up to 35 days.
• Wellness programme including tools, discounts, and counseling services.
• Volunteer encouragement with matching gift and volunteer reward programmes.

Employment Practices

Travelers is an equal opportunity employer and does not discriminate against any individual on the basis of race, color, religion, sex, national origin, age, genetics, disability, sexual orientation, gender identity or expression, or any other protected status. Travelers reserves the right to fill this position at a level above or below the level included in this posting.

Additional Information

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