Account Executive Officer/Sr. Underwriter, National Property

Travelers • Irvine, CA

1d • $123,400 - $203,600

About The Position

The Account Executive Officer (AEO), National Property partners with agents and brokers to provide coverage for new and renewal business based on customers’ needs. National Property provides tailored property protection solutions for high-value, complex risks across a wide array of industries. The AEO serves as a technical resource, independently assessing complex risks and selling products in challenging markets to contribute to Travelers’ profitability and success.

Requirements

• At least four years of experience in underwriting, claims, operations, risk assessment, actuarial, sales, product, or finance.
• Deep knowledge of property-related products, the regulatory environment, and the local insurance market.
• Deep financial acumen.
• Strong critical-thinking skills, including the ability to identify underwriting, marketing, or financial challenges, analyze available information, and make timely decisions aligned with the company’s risk appetite.
• Excellent communication skills and the ability to negotiate successfully in difficult situations with agents and brokers.
• Ability to travel to in-person meetings with agents and brokers.

Nice To Haves

• Bachelor’s degree.
• Six to eight years of relevant underwriting experience, including National Property experience.
• CPCU designation.

Responsibilities

• Manage the profitability, growth, and retention of an assigned book of business.
• Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability; occasionally negotiate and procure reinsurance for complex accounts.
• May facilitate placement of foreign admitted policies, advise field Account Executives on global underwriting capabilities, and assist with business development for global underwriting services.
• Build and maintain relationships with internal partners to develop sales plans and identify cross-selling opportunities.
• Meet in person with agents and brokers to market and sell Travelers products, and write and retain accounts consistent with the company’s risk appetite; travel to these meetings is required.
• Identify and pursue new business opportunities using consultative marketing and sales skills.
• Independently develop and execute agency sales plans and frequently partner with the Managing Director to develop region or group sales plans.
• May assist in training and mentoring less experienced Account Executives.
• Perform other duties as assigned.

Benefits

• Health insurance eligibility for employees and eligible family members from the first day of employment.
• Dollar-for-dollar 401(k) match on contributions up to the first 5% of eligible pay, subject to an annual maximum.
• Paying it Forward Savings Program contributions to an employee’s 401(k) when the employee makes student loan payments.
• Pension Plan funded 100% by Travelers.
• At least 20 days of paid time off annually.
• Nine paid company holidays.
• Wellness program with tools, discounts, and resources, including support for caregiving needs.
• Mental health program offering free professional counseling, health coaching, and other resources.
• Matching Gift and Volunteer Rewards program.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior