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About the Role

We have an opportunity for an Underwriter to join our Hull & War team. This role offers the chance to work on a broad and diverse portfolio within a growing Marine account, building and developing broker relationships in the Lloyds market and managing new business and renewals.

Responsibilities

• Contribute to the overall profitability, growth, and retention of the Line of Business.
• Ensure business is written in accordance with company policies, procedures, and controls.
• Adhere to Lloyds Underwriting Management Standards.
• Support the development of assigned Line of Business by researching target business, competitor information, and industry/economic factors.
• Utilize appropriate systems for accurate data entry of quotes, risks, and endorsements.
• Gather data and prepare reports to support underwriting policies and standards.
• Monitor market factors and world affairs for new opportunities.
• Promote Travelers Line of Business, distribution strategy, and philosophy.
• Provide guidance on the Company's underwriting philosophy, procedures, and requirements.
• Build strong partnerships with Agents, Brokers, and Customers.
• Provide guidance, mentoring, and coaching to others as appropriate.
• Perform other duties as assigned.

Requirements

• Experience within the Lloyd's market, with a basic understanding of market impacting factors.
• Hull and War Underwriting experience.
• Demonstrated emerging technical proficiency and application of knowledge commensurate to underwriting authority.
• Ability to make sound quoting and pricing decisions in the Company's best interests.
• Intermediate knowledge and ability in judgment, decision making, communication, and teamwork.
• Intermediate knowledge and experience in Relationship Management.
• Intermediate knowledge and experience in Analytical Thinking/Financial Acumen.
• Intermediate knowledge and experience in Product/Technical proficiency.
• Intermediate knowledge and experience in Business Perspective, using knowledge of internal and external factors impacting the Lloyd's Market.
• Expected to be studying towards ACII qualification.
• Previous London Market insurance experience in either an underwriting or broker capacity.
• Secondary level education or equivalent.

Skills

• Judgment
• Decision making
• Communication
• Team work
• Relationship Management
• Analytical Thinking
• Financial Acumen
• Product/Technical proficiency
• Business Perspective

Location

• London

Work Type

• Full-time
• Hybrid

Experience Level

• Experienced

Education Level

• Secondary level education or equivalent
• ACII qualification (expected)

Benefits

• Private Medical Insurance (single cover provided, option to add dependents)
• Retirement Pension Plan (core contribution with increased company contribution for employee contributions)
• Holiday Entitlement (minimum 25 days annually, option to purchase additional days up to 35)
• Wellness Programme (tools, discounts, resources, mental health program with free professional counseling)
• Volunteer Encouragement (Matching Gift and Volunteer Rewards program)

About the Company

• Taking care of our customers, our communities and each other.
• One of the best property casualty insurers in the industry for over 170 years.
• A culture that is rooted in innovation and thrives on collaboration.
• Has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.
• Has 10 Diversity Networks that celebrate culture and communities.
• Recognized by organizations such as G.I. Jobs and Military Times.
• Employees are valuable assets to their hometowns, volunteering for important causes each year.

Equal Opportunity

• Travelers is an equal opportunity employer.
• We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
• If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
• Travelers reserves the right to fill this position at a level above or below the level included in this posting.