Underwriter, Personal Insurance Jobs

Underwriting $49,700.00 - $82,000.00 30 This is an in-office/hybrid position for candidates local to Hartford-CT, Glens Falls-NY, Knoxville-TN, Richardson-TX and Spokane-WA. Travelers offers a hybrid work model that is designed to support flexibility.

Under moderate supervision, provides technical underwriting and general business support for assigned agencies via phone and email. The Underwriter is responsible for decisions impacting $10 million of premium over 8,000 phone calls, emails, and transactions per year. On referred policies (quotes, new business, changes, inspections, or renewals) applies risk development & analysis to determine accept or decline underwriting decisions. Properly & efficiently executes decisions. Communicates and explains decisions to agents and customers. Ensures turnaround time (TAT) goals and underwriting legal dates are met.

This position does not manage others.

• Perform other duties as assigned.
• Along with SE, serves as “gateway” to Travelers for agency needs.
• Keeps up to date on regulatory changes, bulletins and other ongoing training.
• Serves as key contact for assigned agents to help support and address critical needs with underwriting.
• Responsible for underwriting duties for assigned agencies within a delegated letter of underwriting authority. Recommends risks above their letter of authority.
• Focal point for resolving issues for agents – underwriting & service related.
• Front line communicators/stewards of TRV UW philosophy.
• Business travel as needed; planned agenda and pre-visit solutions for delivery on arrival; travel with Sales Executive when possible.
• Typically these individuals hold Level I or Level II authority levels; Level I authority gained after completed training and receiving 85% quality on review of 40 consecutive files.
• Completes assigned workload within quality, productivity and customer experience standards as established by the business centers.
• Emphasize professional relationship building with assigned agents.

• Basic organizational and time management skills.
• College degree.
• Basic knowledge and ability to explain Travelers UW philosophy.
• Basic critical thinking & analysis skills to aide underwriting decision making.
• Basic ability to read & interpret third party reports.
• Basic agility to learn and navigate multiple systems.
• Basic teamwork/Rapport building skills.
• Basic ability to read & interpret underwriting manuals & guidelines, with guidance from others on more complex guidelines.
• Basic Agency/customer experience skills.
• Incumbents are required to obtain all required authority (quote, issue Underwriting level) within 2 months of transitioning to the floor. Failure to meet the necessary requirements may result in termination of incumbents’ employment.
• 1+ year of Property Casual Insurance experience preferred.
• Basic verbal & written communication skills to explain what is needed or decisions and why.
• Basic understanding of regulatory and compliance laws.
• Basic inquisitive skills - ability to draw out information via observation: investigative skills in a positive way.

• Bachelor’s degrees or 1 year of related work experience.
• High School diploma or equivalent.

• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you’re eligible for five free counseling sessions with a licensed therapist.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.