Underwriting Officer – Ocean Marine Cargo
Travelers
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New York • United States
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Salary
💰 $146,400 - $241,600 per year
About the role
- As an underwriting subject matter expert, assess, design, implement, and/or lead regional underwriting strategies and practices in support of profit and growth objectives.
- Oversee and influence underwriting execution through individual risk and/or portfolio CUREs as well as through the evaluation of underwriter proficiency and underwriting quality.
- Drive 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 and partner with underwriting leadership to take action, as needed.
- Perform other duties as assigned.
Requirements
- Bachelor’s degree.
- Eight or more years of commercial underwriting experience with experience in Ocean Marine.
- Expert level knowledge of risk appetite and risk selection, Ocean Marine 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.
- Six years of commercial underwriting experience is a must have.
Benefits
- 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
commercial underwritingrisk appetiterisk selectionOcean Marine productsunderwriting qualityunderwriter proficiencyunderwriting strategiesunderwriting capabilitiesfinancial analysisdecision making
Soft Skills
critical thinkinginterpersonal skillscommunication skillsleadershipinfluencecoachingtrainingproblem solvinganalytical skillscollaboration