About The Position

The Middle Market Business Center centrally underwrites and negotiates renewal and new business for eligible accounts across the low to mid-sized range of Middle Market Business Insurance. The Account Executive (AE), Business Center will partner with agents and brokers to provide coverage for new and/or renewal business based on customers' needs. As an AE, 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 profitability and success of Travelers.

Requirements

  • Two years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience.
  • Knowledge of Business Insurance products, the regulatory environment, and the local insurance market.
  • Strong critical thinking skills with the ability to proactively identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite.
  • Communication skills with the ability to successfully negotiate with agents and brokers.

Nice To Haves

  • Bachelor’s degree.
  • Three to five years of relevant underwriting experience.
  • CPCU designation.

Responsibilities

  • Manage the profitability, growth, and retention of an assigned book of business.
  • Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability.
  • Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to support market penetration objectives and identify cross-selling opportunities.
  • Foster relationships with external partners by delivering seamless underwriting experiences and solutions.
  • Identify and capture new business opportunities using consultative marketing and sales skills.
  • Support the execution of agency, region, and group sales plans.
  • Perform other duties as assigned.

Benefits

  • Health Insurance
  • 401(k) contributions matched dollar-for-dollar up to the first 5% of eligible pay, subject to an annual maximum.
  • Paying it Forward Savings Program: Travelers will make an annual contribution into your 401(k) account when you make a payment toward your student loan.
  • Pension Plan that is 100% funded by Travelers.
  • A minimum of 20 days Paid Time Off annually.
  • Nine paid company Holidays.
  • Wellness program with tools, discounts, and resources.
  • Mental health program providing access to free professional counseling services, health coaching, and other resources.
  • Matching Gift and Volunteer Rewards program.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

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