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Our technology product is designed for IT & Communications Product & Service Providers, Electronics Manufacturing & Assembly and Medical Technology. Covers include Property, Business Interruption, Employers, Public and Products Liability, Professional Indemnity and Cyber. We are looking for a new business focused Development Underwriter to join our ambitious and growing team. You will ideally have experience in the London Market and be comfortable building and developing broker relationships. You might have experience in Med Tech, Life Sciences, Property and Casualty, Cyber or PI underwriting or broking.
What Will You Do?- Underwrite and assess risk to maximise business growth and profitability for allocated broker panel. Make appropriate decisions within own underwriting authority in addition to considered, intelligent and complete recommendations to technical underwriting/business leadership.
- Make prompt, sound decisions within underwriting authority and based on appropriate underwriting information. Negotiate
- terms and conditions consistent with underwriting requirements and service.
- Understand and execute Travelers' underwriting strategies and principles to produce budgeted results
- Working with Underwriter on same broker panel, continuously manage book of business, maintaining quality of business, growth and profit.
- Accountable for accurate underwriting documentation and information in account management systems and adherence to
- Travelers' documentation standards.
- Actively engage and seek out training opportunities to further develop underwriting expertise.
- Develop and leverage broker/client relationships through a high level of visibility and using a disciplined sales management approach (e.g. planning and follow-up for broker and prospective customer visits/meetings) in support of business objectives.
- Working with Distribution, effectively assist in the development, documentation and execution of sales plans with emphasis on increasing marketing and sales activities outside the office. Work tactically with brokers to ensure they have an appropriate level of understanding of TICL goals and objectives.
- Seek out and maintain collaborative relationships with colleagues in other business units and regions to foster business development across Travelers.
- Actively participate in regularly scheduled regional and product underwriting and/or sales meetings.
- Demonstrate superior customer service standards (consistency, quick response, knowledge of products) to meet Travelers' service standards.
