About the Role
The Account Executive Officer (AEO), Commercial Accounts will partner with agents and brokers to provide property, general liability, commercial auto, and/or workers' compensation coverage for new and renewal business based on customers' needs. This role is seen as a technical resource.
Responsibilities
- Manage the profitability, growth, and retention of an assigned book of business.
- Underwrite and skillfully negotiate complex customer accounts to minimize risk and maximize profitability.
- Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities.
- Foster and maintain relationships with external partners by regularly meeting in person with agents and brokers to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite.
- Identify and capture new business opportunities using consultative marketing and sales skills.
- Independently develop and execute agency sales plans and frequently partner with your Managing Director (MD) to develop region/group sales plans.
- May assist in the training and mentoring of less experienced Account Executives.
- Perform other duties as assigned.
Requirements
- Four years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience.
Skills
- Strong critical thinking skills
- Ability to proactively identify underwriting, marketing, or financial challenges
- Ability to analyze available information to make timely decisions in alignment with our risk appetite
- Excellent communication skills
- Ability to successfully negotiate in difficult situations with agents and brokers
- Consultative marketing and sales skills
Experience Level
- Six to eight years of relevant underwriting experience with experience in commercial lines.
Education Level
- Bachelor’s degree
- CPCU designation
Salary/Compensations
- $109,300.00 - $180,200.00
Benefits
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum.
- Student Loan Debt Program: When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account.
- Pension Plan: 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.
- Mental Health Program: Provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
- Volunteer Encouragement: Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
About the Company
- Taking care of our customers, our communities and each other. That’s the Travelers Promise.
- By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years.
- Join us to discover a culture that is rooted in innovation and thrives on collaboration.
- Imagine loving what you do and where you do it.
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.
- In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
- 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.
