Sr. Construction Underwriter, Account Executive Officer

Travelers•Charlotte, NC
•$109,300 - $180,200

About The Position

The Account Executive Officer (AEO), Construction partners with agents and brokers to provide insurance coverage for new and renewal business based on customers’ needs. Construction offers a suite of insurance solutions for contractors of all sizes, including General Liability, Property, Marine, Automobile, Workers’ Compensation, and Umbrella. This position serves as a technical resource and independently assesses complex risks, sells products in challenging markets, and builds internal and external relationships to contribute to profitability and business success.

Requirements

  • At least four years of experience in underwriting, claims, operations, risk assessment, actuarial, sales, product, or finance.
  • 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 experience in construction risk or oil and gas.
  • Deep knowledge of construction risk or oil and gas products, the regulatory environment, and the local insurance market.
  • Strong critical-thinking skills, including the ability to identify underwriting, marketing, or financial challenges 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 and maintain relationships with internal partners to create sales plans and identify cross-selling opportunities.
  • Meet in person regularly with agents and brokers to market and sell Travelers products and write and retain accounts consistent with the company’s risk appetite; travel to meetings is required.
  • Identify and capture new business opportunities using consultative marketing and sales skills.
  • Develop and execute agency sales plans independently and frequently partner with the Managing Director to develop region or group sales plans.
  • May assist with training and mentoring less experienced Account Executives.
  • Perform other duties as assigned.

Benefits

  • Health insurance coverage for eligible employees and family members from the first day of employment.
  • Dollar-for-dollar 401(k) matching 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.
  • Mental health program offering free professional counseling, health coaching, and other resources.
  • Matching Gift and Volunteer Rewards program.
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