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About the Role

Our Cyber team is looking for an experienced Development Underwriter who knows the Lloyd's and London market and is ready to take ownership of a broker portfolio. You'll bring both technical underwriting expertise and strong commercial instincts — writing new and renewal business while building lasting broker relationships. Working as part of a close-knit team, you'll play a meaningful role in growing and developing the book.

Responsibilities

Underwrite and assess risk for products and accounts from assigned brokers.
Make appropriate decisions within own underwriting authority and provide recommendations to leadership.
Underwrite accounts and risks, considering different approaches to maximize profitability.
Make prompt, sound decisions within underwriting authority based on appropriate information.
Negotiate terms and conditions consistent with requirements and standards within submission timeframe.
Understand and execute product segment strategies to produce budgeted results.
Continuously manage book of business to maintain quality.
Accountable for accurate underwriting documentation and adherence to standards.
Embrace required working practices to deliver appropriate and timely underwriting service.
Actively engage and seek out training opportunities to further develop underwriting expertise.
Develop and leverage broker/client relationships through visibility and a disciplined sales management approach.
Effectively develop and execute sales plans for assigned brokers.
Create and achieve sales plans that identify and capture new business opportunities and cross-sell products.
Seek out and maintain collaborative relationships with colleagues in other business units and regions.
Actively participate in regularly scheduled underwriting and/or sales meetings.
Demonstrate superior customer service standards.
Assist others to help achieve underwriting, sales and production goals.
Work tactically with brokers to ensure they understand TICL goals and objectives.
Perform other duties as assigned.

Requirements

Degree education.
Working knowledge of industry business operations and work methods, critical business issues and financial drivers.
Working knowledge of the local insurance marketplace and uses that knowledge to the Company's advantage.
Seeks out, builds, fosters and maintains productive relationships or alliances.
Uses knowledge of internal and external factors that impact assigned product portfolio to make decisions.
Identifies problems or opportunities, analyzes and synthesizes information, and explores alternatives.
Utilizes understanding of finance and accounting principles to identify the impact of underwriting decisions on profitability.
Demonstrates technical proficiency and application of knowledge commensurate to underwriting authority.
Makes sound quoting and pricing decisions.
Previous experience of underwriting in management liability/professional indemnity/financial institutions.

Skills

Relationship Management
Business Perspective
Analytical Thinking
Financial Acumen
Product/Technical

Location

London

Work Type

Full-time
Hybrid

Experience Level

Experienced

Education Level

Degree
ACII qualification

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 programme)

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.
Culture rooted in innovation and thrives on collaboration.
Has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.
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.
Employees and their eligible family members – including spouses, domestic partners and children – are eligible for coverage from the first day of employment.
Open to all employees, our 10 Diversity Networks celebrate culture and communities and create spaces for all employees through powerful forums for dialogue and support.