Travelers Jobs Hiring Now

Who Are We?

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.

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

$177,900.00 - $293,600.00

Target Openings

1

What Is the Opportunity?

Construction provides a full suite of insurance solutions suited to construction contractors of all sizes, including General Liability, Property, Marine, Automobile, Workers' Compensation, Umbrella, and more.

As an AVP, Underwriting Officer, Construction, you play a central role in a home office and field underwriting team and share accountability for the overall profitability, growth, and retention of business for an assigned region.

To that end, you will deploy your underwriting expertise to drive the development and successful execution of underwriting strategies, lead complex Collaborative Underwriting Review Evaluations (CUREs), champion the development of underwriting capabilities, and uphold underwriting compliance and quality assurance within your region. You may additionally manage a small team.

What Will You Do?

• As an underwriting leader, assess, design, implement, and drive successful underwriting strategies and practices, assuming responsibility for regional profit and growth objectives.
• Oversee and influence underwriting execution through complex individual risk and/or portfolio CUREs as well as through the evaluation of underwriter proficiency and underwriting quality.
• Lead the development of key underwriting capabilities and best practices through coaching and trainings while educating underwriters on strategy and guidelines to enhance regional efficiency and effectiveness.
• Monitor trends, emerging issues, and underwriting results for regional book of business. Leverage findings to develop regional business strategies and partner with home office and field leadership to drive execution.
• May provide strategic direction and support for team and take responsibility for coaching, training, and performance management.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor’s degree.
• Ten or more years of commercial underwriting experience with experience in guaranteed cost and loss sensitive construction risk.
• Expert level knowledge of risk appetite and risk selection, construction risk products, as well as the regulatory environment and local insurance marketplace.
• Strong critical thinking skills with the ability to proactively identify underwriting and financial challenges and analyze available information to make timely decisions in alignment with risk appetite.
• Strong interpersonal and communication skills with the ability to lead and influence others.
• Strong team building and inclusive leadership skills with the ability to work independently and collaboratively with internal and external partners.

What is a Must Have?

• Eight years of commercial underwriting experience.
• Two years of people and/or portfolio leadership experience.

What Is in It for You?

• 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. 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.
• 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. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• 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.

Employment Practices

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.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.