Assistant Underwriter - Marine

Assistant Underwriter - Marine Greater London

The Travelers Companies, Inc.
Full Time Greater London 10.56 - 12.04 GBP Today
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
Target Openings
2
What Is the Opportunity?
We are looking for two Assistant Underwriters to join our UK Marine team, one to sit in Manchester and one in London. It’s an exciting time to join the team as you will be part of our growth ambitions for UK Marine, supporting both the Marine Cargo and Marine Trades and Schemes business. In this role you’ll work with the Underwriters in writing and processing new business, renewals and mid term adjustments, monitoring rate adequacy and offering general administrative team support. Ideally you'll have previous experience in insurance, some knowledge of marine business is useful but not essential.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

This role is eligible for a £3,000 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
What Will You Do?
Be Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making Travelers Europe a great place to work.
  • Support the overall profitability, growth and retention of your assigned Line of Business and consistency of all related underwriting initiatives.
  • Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards ensuring business is only accepted in accordance with: individual underwriting authority where relevant, with approval under the Lloyds Individual Registration Byelaw; the Unit's business plan for the relevant year.
  • Utilise appropriate systems to accurately enter quotes, risks and endorsements, so as to ensure correct management, statistical and regulatory reporting.
  • Assist the underwriters on a day to day basis to ensure a timely and professional service to clients.
  • Promote Travelers Line of Business, distribution strategy and philosophy and provide guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Agents, Brokers and Customers.
  • May gather data and prepare reports to support the professional execution of corporate/business underwriting policies/standards.
  • Perform other duties as assigned.
To be successful, you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model; and consistently deliver on your commitments.
What Will Our Ideal Candidate Have?
  • Previous experience working within Property and Casualty insurance preferred.
  • Able to effectively share information and build team support.
  • Able to communicate clearly.
  • Able to develop effective working relationships internally and externally.
  • Able to perform in a business professional manner with a positive attitude.
  • Able to determine priorities and effectively schedule time.
  • Able to ask for assistance in setting deadlines.
  • Expected to either already be studying, or be willing to study towards ACII qualification.
What is a Must Have?
  • Previous work experience required.
  • Previous experience of Windows MS Office.
  • Secondary level education or equivalent required.
What Is in It for You?
  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a basic contribution of 9% of pensionable salary to your Group Personal Pension Plan (“GPPP”). If you decide to contribute an additional amount from your salary, you will receive an increased company contribution up to a maximum of 3%. This would bring the total company contribution to 12%.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Employee Assistance programme provides access to professional counseling services and other resources to support your daily life needs. Through the EAP, 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 programme 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.

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/
.

Assistant Underwriter - Marine
The Travelers Companies, Inc.

www.travelers.com
Hartford, United States
Alan D. Schnitzer
$10+ billion (USD)
10000+ Employees
Company - Public
Insurance Carriers
Insurance
1853
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