Underwriting Professional Development Program (Financial Analyst) - Construction Surety

Travelers • Richmond, VA

2d

About The Position

Bond & Specialty Insurance provides management and professional liability insurance, as well as surety bonds to businesses and non-profit organizations of all sizes. As an underwriter, you will have a dynamic role that blends evaluating and analyzing financial and business risk, building relationships, and selling and negotiating with clients, agents, and brokers. This role is part of the Construction Services team which provides surety bonds to public and private owners of construction projects. Underwriters also analyze business operations, financial statements and evaluate market forces to provide consultative services to contractors. As an underwriter, you will have a dynamic role that blends evaluating and analyzing financial and business risk, building relationships, and selling and negotiating with clients, agents, and brokers. In the Underwriting Professional Development Program (UPDP), you will build underwriting skillsets through a blend of mentorship, classroom instruction, and on-the-job training. As a member of the UPDP, you will work with a collaborative team of underwriters that will provide you with the opportunity to build a successful career within the unique field of specialty insurance and surety.

Requirements

• Applicable professional experience.
• Take the initiative on tasks with the ability to learn the industry, product line, and internal programs and platforms.
• Demonstrates effective verbal, written and listening communication skills.
• Ability to leverage analytical skills.
• Bachelor’s degree or one year of applicable business experience.

Responsibilities

• Gather and analyze pertinent information including financial statements in order to evaluate the acceptability of business risk.
• Build relationships with agents, brokers, and insured clients to help achieve business goals.
• Undergo extensive training in order to underwrite, market to, negotiate with, and influence agents and brokers to manage a profitable book of business.
• Begin to build and understand relationships with Travelers employees within the business unit and across the enterprise in order to begin to create sales plans.
• Ability to travel to internal meetings with team members and external meetings with agents, brokers, and clients.
• Perform other duties as assigned.

Benefits

• Health Insurance
• 401(k) matching
• Pension Plan
• Paid Time Off
• Paid company Holidays
• Wellness Program
• Matching Gift and Volunteer Rewards program

What This Job Offers

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