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Underwriting Professional Development Program - Management Liability

Travelers

Travelers

Underwriting Professional Development Program - Management Liability

Diamond Bar, CA
Full Time
Paid
  • Responsibilities

    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.

    WHAT IS THE OPPORTUNITY?

    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.

    Travelers offers a hybrid work location model that is designed to support flexibility. Employees in this position are part of a training or development program that may required up to a six-month waiting period before they are eligible for the hybrid model. During the initial six-month training program, employees may be required to work up to five days in the office.

    Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

    The Bond and Specialty Insurance division of Travelers is seeking to add a new member to our Private & Non-Profit in an Underwriting Development Program role. This is an opportunity to join a dedicated collaborative team of underwriters in a highly visible and challenging role. Our Underwriting Professional Development Program (UPDP) provides participants the opportunity to build a unique and successful career within a highly specialized niche of the insurance industry. Lawsuits, cyber-attacks, and extortion can impact a company’s financial performance and reputation. Private & Non-Profit Liability provides financial protection to directors and officers of private and non-profit companies for these exposures and many more. Products include Directors and Officers Liability, Employment Practices Liability, CyberRisk, Kidnap and Ransom, Crime, and Fiduciary Liability. Underwriters in this fast growing segment work with private companies and non-profit organizations across all industries. Our diverse customer base and product knowledge allows us to add value to our agents.

    Our comprehensive program consists of a blend of mentorship, classroom instruction, and on-the-job training leading to increasing responsibility and accountability.

    The UPDP prepares you for a career in underwriting, which is a dynamic blend of the following:

    • Financial analysis/risk assessment: gather and analyze pertinent information in order to evaluate the acceptability of business risk

    • Marketing: build and maintain relationships with agents, brokers, and insured clients to help achieve business goals

    • New business development and retention: sell to, negotiate with, and influence agents and brokers to manage a profitable book of business

    MINIMUM QUALIFICATIONS

    • Bachelor degree or one year of relevant business experience required

    • A current/valid drivers license is required

    EDUCATION, WORK EXPERIENCE, & KNOWLEDGE

    • Bachelor degree preferred

    • Entry level position

    INDUSTRY KNOWLEDGE:

    • Gain overall understanding of all Bond and Specialty Insurance Business Units and Travelers businesses

    PRODUCT KNOWLEDGE:

    • Gain an understanding of Bond and Specialty Insurance workflow

    • Learn and develop Product knowledge

    • Learn documentation procedures/standards

    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.

    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/

  • Industry
    Insurance
  • Fun Fact
    Our Claims professionals have access to FAA certified drone pilot training!
  • About Us

    The Travelers Companies, Inc. is a leading provider of property casualty insurance for auto, home, and business. Travelers prides themselves on helping customers manage risk before a claim occurs — and responding with speed, professionalism, and compassion when claims do happen. Through challenging work in a fast-paced atmosphere, they provide student and graduates with a rewarding experience that will keep them moving.