Travelers

Managing Director – Construction Surety

Travelers

full-time

Posted on:

Location Type: Hybrid

Location: Richardson • Texas • United States

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Salary

💰 $153,700 - $253,700 per year

Job Level

Lead

About the role

  • Manage the profitability, growth, and retention of business within a location or region while managing a team of underwriters.
  • Partner with RVP and Home Office to execute business unit underwriting strategies to effectively achieve profit and growth objectives.
  • Collaborate in the underwriting process.
  • Support relationships with internal partners within the business unit and across the enterprise.
  • Successfully manage the business at a portfolio level including underwriting profitability and relationship management.
  • Lead and support team while providing strategic direction, coaching, training, and performance management.
  • Perform other duties as assigned.

Requirements

  • Bachelor’s degree.
  • Eight to ten years of applicable underwriting experience.
  • Prior experience leading or managing others.
  • Expert level knowledge of products, ability to effectively communicate the regulatory environment, and through understanding of the local insurance and surety markets.
  • Strong critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze available information to make decisions in alignment with our risk appetite.
  • Ability to create and execute strategic direction across assigned region.
  • Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers.
  • Six years of underwriting experience.
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
underwritingportfolio managementfinancial analysisrisk assessmentstrategic planningproduct knowledgeregulatory compliancemarket analysisdecision makingnegotiation
Soft Skills
leadershipcoachingtrainingperformance managementcritical thinkingcommunicationrelationship managementcollaborationstrategic directionproblem solving
Certifications
Bachelor’s degree