Travelers

Senior Middle Market Commercial Underwriter

Travelers

Hartford, CT, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you a seasoned underwriting professional looking for your next challenge? Do you thrive in a fast-paced and dynamic environment? Look no further! Travelers is seeking a talented and experienced Senior Middle Market Commercial Underwriter to join our team. As a global leader in the insurance industry, Travelers offers a unique and rewarding opportunity to utilize your skills and expertise in a collaborative and supportive environment. If you possess strong analytical abilities, excellent communication skills, and a passion for providing exceptional customer service, we want to hear from you! Join us and take your career to the next level.

  1. Evaluate and analyze risk factors in commercial insurance applications to determine the appropriate coverage and pricing for middle market clients.
  2. Utilize industry knowledge and underwriting guidelines to make sound decisions and recommendations on risk acceptance.
  3. Maintain a thorough understanding of market trends and competitor offerings to effectively negotiate and retain profitable business.
  4. Develop and maintain strong relationships with agents, brokers, and other stakeholders to facilitate business growth and retention.
  5. Collaborate with internal teams such as risk control, claims, and legal to ensure timely and accurate underwriting decisions and provide excellent customer service.
  6. Review and underwrite complex and high-value policies, adhering to company underwriting standards and regulatory requirements.
  7. Monitor and manage a portfolio of accounts, identifying potential risks and taking necessary actions to mitigate them.
  8. Mentor and provide guidance to junior underwriters, sharing knowledge and best practices to support their development.
  9. Participate in underwriting training and development programs to stay updated on industry changes and enhance skills.
  10. Demonstrate a commitment to continuous improvement by identifying and implementing process enhancements to increase efficiency and effectiveness.
Where is this job?
This job is located at Hartford, CT, USA
Job Qualifications
  • Extensive Underwriting Experience: A Senior Middle Market Commercial Underwriter At Travelers Should Have A Minimum Of 7-10 Years Of Experience In Commercial Underwriting, With A Strong Focus On Middle Market Accounts.

  • In-Depth Knowledge Of Commercial Insurance: The Ideal Candidate Should Have A Deep Understanding Of Commercial Insurance Products, Coverages, And Rating Methodology. This Includes Knowledge Of Property, Casualty, And Specialty Lines Of Business.

  • Strong Analytical And Decision-Making Skills: As A Senior Middle Market Commercial Underwriter, One Must Be Able To Analyze Complex Financial Information, Assess Risk, And Make Sound Underwriting Decisions. This Requires Strong Analytical Skills And Attention To Detail.

  • Excellent Communication And Relationship Building Skills: The Role Of A Senior Middle Market Commercial Underwriter Involves Frequent Interaction With Agents, Brokers, And Other Internal And External Stakeholders. Therefore, Strong Communication And Relationship Building Skills Are Essential For Success In This Role.

  • Proven Track Record Of Meeting Or Exceeding Goals: Travelers Values Individuals Who Are Results-Driven And Have A Track Record Of Meeting Or Exceeding Underwriting Goals. A Senior Middle Market Commercial Underwriter Should Have A Proven Track Record Of Profitable Underwriting And Portfolio Management.

Required Skills
  • Financial Analysis

  • Communication

  • Attention to detail

  • Negotiation

  • Relationship Management

  • Risk assessment

  • Teamwork

  • Problem-Solving

  • Decision-Making

  • Time

  • Industry Knowledge

  • Underwriting Guidelines

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Interpersonal Skills

  • Organization

  • flexibility

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Middle Market Commercial Underwriter in Hartford, CT, USA is between $83,000 to $105,000. However, this can vary depending on factors such as experience, education, and specific job duties. Some Senior Middle Market Commercial Underwriters in Hartford may earn higher salaries, up to $120,000 or more, while others may earn lower salaries closer to the $70,000 range. It is important to also consider the company and industry in which the underwriter works, as well as any bonus or commission opportunities.

Additional Information
Travelers is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 3rd, 2024
Apply BeforeOctober 17th, 2025
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About Travelers

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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