Senior Underwriter - Bellevue, WA

VetJobs•Bellevue, WA
•$112,000 - $184,800

About The Position

The Senior Underwriter / Account Executive Officer (AEO), Technology, works with agents and brokers to provide coverage for new and renewal business serving technology software and service providers, electronics manufacturers, and medical technology and pharmaceutical companies. The role acts as a technical resource, independently assesses complex risks, and sells Travelers products in challenging markets to support profitability and business success. The AEO manages an assigned book of business and builds relationships with internal and external partners to develop sales opportunities, write and retain accounts aligned with Travelers’ risk appetite, and identify cross-selling opportunities. The role may also help train and mentor less experienced Account Executives. The posting gives a nationwide annual base salary range of $112,000 to $184,800; actual pay depends on factors including the role’s scope, complexity, location, and the candidate’s qualifications. Employees are also eligible for performance-based cash incentive awards.

Requirements

  • At least four years of experience in underwriting, claims, operations, risk assessment, actuarial, sales, product, or finance.

Nice To Haves

  • Bachelor’s degree.
  • Six to eight years of relevant underwriting experience, including commercial lines experience.
  • Deep knowledge of commercial lines products, the regulatory environment, and the local insurance market.
  • 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.
  • 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.
  • Build relationships with internal partners within the business unit and across the enterprise to create 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 is required for these meetings.
  • Identify and capture new business opportunities using consultative marketing and sales skills.
  • Develop and execute agency sales plans independently, and partner frequently 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

  • Performance-based cash incentive awards.
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