Company

The Travelers Companies, Inc.See more

addressAddressChicago, IL
type Form of workFull-time
salary Salary$110,800 - $182,800 a year
CategorySales/marketing

Job description

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 160 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.
Job Category
Underwriting
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
$110,800.00 - $182,800.00
Target Openings
1
What Is the Opportunity?
The Account Executive Officer (AEO), Construction Loss Sensitive will partner with agents and brokers to provide coverage for new and renewal business based on customers' needs. This role is seen as a technical resource. As an AEO, you are decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to independently assess complex risk and sell our products in challenging markets will contribute to the profitability and success of Travelers.
What Will You Do?
  • Provide countrywide support to manage the profitability, growth, and retention of new and renewal business.
  • Work independently using strong technical skills to quickly assess program and product structure for customers across all regions.
  • 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 identify cross-selling opportunities.
  • External broker/agent deal negotiation may be required.
  • May assist in the training and mentoring of less experienced Account Executives.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor’s degree.
  • Six to eight years of relevant underwriting experience with experience in Construction Loss sensitive.
  • Deep knowledge of Construction Loss sensitive products, the regulatory environment, and the local insurance market.
  • Strong critical thinking skills with the ability to proactively identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite.
  • Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers.
  • CPCU designation.
What is a Must Have?
  • 4 years of underwriting 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 and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you’re eligible for five free counseling sessions with a licensed therapist.

  • 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 believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

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/
.

Benefits

Wellness program, Health insurance, 401(k), Paid time off, 401(k) matching
Refer code: 8275539. The Travelers Companies, Inc. - The previous day - 2024-02-21 09:47

The Travelers Companies, Inc.

Chicago, IL
Jobs feed

Registered Nurse Educator - Cancer Center - 8 Hour Days

Cedars-Sinai

Los Angeles, CA

Health Educator 1-2

Ramsey County, Mn

Saint Paul, MN

Registered Nurse- Surgical Suites-PRN

Sunrise Hospital

Las Vegas, NV

Nuclear Medicine Technologist PRN

St. David's South Austin Medical Center

Austin, TX

Teacher - EIP Part-Time

Bibb County School District

New Jersey, United States

Fiscal Intern

York County District Attorney's Office

New York, NY

Progressive Care RN

Tristar Skyline Medical Center

Nashville, TN

Certified Surgical Technician

Methodist Hospital Metropolitan

San Antonio, TX

Discharge Nurse

Tristar Centennial Medical Center

Nashville, TN

Birchstreet Receiving Coordinator, Niagara Falls State Park

York State Department Of Labor

New York, NY

Share jobs with friends

Related jobs

Account Executive Officer/Sr. Underwriter - Construction Loss Responsive

oCFO Account Executive - Midwest

Sap

Chicago, IL

2 days ago - seen

Medical Sales Account Executive

Rotech Healthcare Inc.

Urbana, IL

3 days ago - seen

Vaccines Account Executive, Illinois - Freeport

Gsk

Freeport, IL

3 days ago - seen

Associate Account Executive

Disney Advertising

Chicago, IL

7 days ago - seen

Account Executive - Technical Sales

Engle Martin

Deerfield, IL

7 days ago - seen

Sales Account Executive - Now Hiring

Epsilon

Chicago, IL

7 days ago - seen

Account Executive/Broker III

Aon

life insurance, vision insurance, paid time off, paid holidays, sick time, tuition assistance, 401(k)

Chicago, IL

a week ago - seen

Strategic Account Executive

American Hospital Association

Chicago, IL

a week ago - seen

Strategic Account Executive

Banner Engineering

Chicago, IL

a week ago - seen

Industrial Account Executive

Tradesmen International

WHEELING, IL

a week ago - seen

Account Executive

Spins

Chicago, IL

2 weeks ago - seen

ENTERPRISE ACCOUNT EXECUTIVE

Rush & Company

Chicago, IL

2 weeks ago - seen

Japanese Bilingual Executive Vice President & Chief Operating Officer

Pacific Advisory Service

Belvidere, IL

2 weeks ago - seen

Senior Account Executive - HCM Midwest

Sap

Chicago, IL

2 weeks ago - seen

Senior Account Executive - Midwest Enterprise Accounts

Sap

Naperville, IL

3 weeks ago - seen

Account Executive - Home Life

Kph Healthcare Services

Hoffman Estates, IL

3 weeks ago - seen