Account Executive / Underwriter - Small Commercial
Are you looking for a challenging and rewarding career in the insurance industry? Look no further than Travelers as we are seeking a dynamic and driven individual to join our team as an Account Executive/Underwriter for our Small Commercial division. As an industry leader, Travelers offers a collaborative and inclusive work environment where your skills and expertise will be valued. If you have a passion for building strong relationships, analyzing risk, and providing exceptional customer service, read on to learn more about this exciting opportunity.
- Develop and maintain strong relationships with clients in the small commercial market to drive business growth and retention.
- Conduct in-depth analysis of risk factors and make sound underwriting decisions to ensure profitability and manage risk exposure.
- Collaborate with cross-functional teams including sales, marketing, and claims to provide comprehensive solutions to clients.
- Utilize industry knowledge and market trends to identify and capitalize on new business opportunities.
- Provide exceptional customer service to clients, addressing their inquiries and concerns in a timely and professional manner.
- Stay updated on industry regulations and changes to underwriting guidelines to ensure compliance.
- Develop and implement strategies to achieve sales goals and increase market share in the small commercial market.
- Keep accurate records and documentation of all underwriting activities and decisions.
- Communicate effectively with team members and management to provide updates on underwriting activities and contribute to strategic planning.
- Continuously evaluate and improve underwriting processes and procedures to increase efficiency and effectiveness.
Strong Understanding Of Commercial Insurance Products And Underwriting Guidelines: A Successful Account Executive/Underwriter At Travelers Should Possess A Thorough Knowledge Of The Small Commercial Insurance Market And Be Able To Effectively Apply Underwriting Principles To Assess Risk And Determine Appropriate Coverage.
Proven Sales And Relationship-Building Skills: This Role Involves Actively Marketing Travelers' Products And Building Relationships With Independent Agents And Brokers. A Qualified Candidate Should Have A Track Record Of Achieving Sales Targets And Cultivating Strong Partnerships.
Excellent Analytical And Decision-Making Abilities: As An Underwriter, This Position Requires The Ability To Analyze Complex Data And Information To Make Sound Underwriting Decisions. Strong Analytical Skills, Attention To Detail, And The Ability To Assess Risk Are Essential.
Effective Communication And Negotiation Skills: The Account Executive/Underwriter Will Be Required To Engage In Negotiations With Agents, Brokers, And Clients To Secure New Business And Renewals. Excellent Communication Skills, Both Written And Verbal, Are Necessary To Effectively Convey Information And Negotiate Terms.
Experience In The Small Commercial Insurance Market: Previous Experience In A Similar Role, Particularly In The Small Commercial Insurance Market, Is Highly Desirable For This Position. Familiarity With Industry Trends, Competitors, And Regulatory Requirements Is Essential For Success In This Role.
Risk Management
Contract Negotiation
Business Development
Product knowledge
Relationship Building
Customer Relations
Risk assessment
Market analysis
Sales strategies
Claims handling
Policy Underwriting
Communication
Conflict Resolution
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
Empathy
According to JobzMall, the average salary range for a Account Executive / Underwriter - Small Commercial in Downers Grove, IL, USA is $50,000 - $80,000 per year. However, this can vary depending on the specific company, experience level, and other factors. It is best to research the specific company and job posting for a more accurate salary range.
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The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.
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