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 Officer (AEO), Business Center will partner with agents and brokers to provide coverage for new and/or renewal business based on customers' needs. This role is seen as a technical resource. As an AEO, you are decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to independently assess complex risk and sell our products in challenging markets will contribute to the profitability and success of Travelers.

Requirements

  • Four years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience.

Nice To Haves

  • Bachelor’s degree.
  • Six to eight years of relevant underwriting experience.
  • Deep 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.
  • Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers.
  • CPCU designation.

Responsibilities

  • Manage the profitability, growth, and retention of an assigned book of business.
  • Underwrite and skillfully negotiate complex 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.
  • May assist in the training and mentoring of less experienced Account Executives.
  • 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 for student loan debt.
  • 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 with access to free professional counseling services, health coaching, and other resources.
  • Matching Gift and Volunteer Rewards program.
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