SME Underwriter - 12 month Fixed Term

We are looking for an SME Underwriter to join our growing SME team on a 12 month fixed term contract or secondment opportunity. Small Business Broker provides Property and Casualty insurance for Small to Medium sized businesses through our Broker networks and deals with high volume eTrade Insurance. Using your previous experience in a similar role you will proactively manage the submissions, quotes and binds for new business to deliver against target quote and conversion ratios. You will build and maintain relationships with brokers to provide insurance solutions to customers. You will analyse and evaluate risk to achieve business goals within an assigned portfolio. 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 sustainable profitability and success of Travelers. 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 £1,000 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?

• Manage the profitability, growth, and retention of an assigned book of business comprised of low to moderately complex accounts across most of our products.
• Underwrite and skillfully negotiate risks to minimise risk and maximise profitability, including Mid Term Adjustments (MTAs).
• Proactively manage your portfolio, ensuring key performance indicators are consistently achieved and you actively target new business and retention.
• Identify and take corrective action in collaboration with your Manager / Team on individual risk characteristics identified through Portfolio Management.
• Identify and capture opportunities to write additional lines of business using knowledge of products, risk characteristics and appetite.
• Proactively utilise various technology platforms to quote and bind E-Trade risk efficiently.
• Provide input and support the presentation of Underwriting Reviews for individual policies or portfolios and manage action points.
• Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to identify cross-selling opportunities.
• Foster and maintain relationships with brokers by phone, email or other communication channels to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite.
• Develop and execute individual pipeline (and/or retention) plans that align with the team's sales plans to drive success working in partnership with the sales team. (NB only)
• Train and mentor less experienced underwriters.
• Support and collaboration for more junior members of the team, including referrals.
• Perform other duties as assigned.
  
  Knowledge: Good knowledge of products, the regulatory environment, and the local insurance market.
• Analytical/Critical thinking: Good critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyse available information to make decisions in alignment with our risk appetite.
• Communication/Influence: Communication skills with the ability to successfully negotiate with brokers.
• Inclusion: Ability to work with people from different backgrounds, experiences, cultures, races, etc. and views those differences as assets to be leveraged to accomplish business goals and objectives.
• Industry / Competitor Analysis: Review competitor press releases and industry trade press for helpful insights, linking key themes together.
• Project Management: Participate in projects that involves analysis and the implementation of non-complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products.
What is a Must Have?
• UK: A-Levels or similar qualification
• Good experience of underwriting, product knowledge, financial analysis, or risk assessment experience.
  
  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.