Development Underwriter

ScreenedHybridFull Time
London
Posted 2 days ago
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About the role

Taking care of our customers, our communities and each other. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Our Cyber team is looking for an experienced Development Underwriter who knows the Lloyd's and London market and is ready to take ownership of a broker portfolio. You'll bring both technical underwriting expertise and strong commercial instincts — writing new and renewal business while building lasting broker relationships. 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. Underwrite and assess risk for products and accounts from assigned brokers. Consistent with Travelers Insurance Company Limited (TICL) underwriting principles, underwrite accounts and risks and consider different approaches toward risks to maximise profitability (e.g., Continuously manage book of business (maintain quality of business required by regional or product underwriting strategy). Accountable for accurate underwriting documentation and information in account management systems and adherence to documentation standards. Embrace required working practices with allocated Underwriting Account Management resource in order to deliver appropriate and timely underwriting service on your accounts at all times. Actively engage and seek out training opportunities to further develop underwriting expertise. Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g. planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives. Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development. Assist others to help achieve underwriting, sales and production goals and understand and work towards strategic objectives. Working knowledge of industry business operations and work methods, critical business issues and financial drivers that affect the Line of Business. Working knowledge of the local insurance marketplace and effectively uses that knowledge to the Company's advantage; continuously seeks out local market insight. Analytical Thinking/Financial Acumen: Previous experience of underwriting in management liability/professional indemnity/financial institutions. Private Medical Insuran ce: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction. Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year. Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs. Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

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