Managing Director - Construction Loss Sensitive

Travelers

Base: $169,400.00 - $279,600.00; bonus/equity: per...
Not specified (likely hybrid based on industry norms).
Construction loss sensitive underwriting experience
Leading field location management
Negotiating complex at-risk insurance deals
Travelers is seeking a Managing Director for Construction Loss Sensitive underwriting, responsible for overseeing a team of underwriters and managing business profitability and growth. The ideal candidate should have extensive experience in underwriting and leadership, particularly in the construction sector, along with strong negotiation and critical thinking skills

Job Summary

  • The Managing Director oversees a team of underwriters to provide coverage for new and renewal business based on customer needs.
  • Employees are eligible for comprehensive benefits including health insurance, a fully funded pension plan, and a 401(k) match up to 5%.
  • The role requires strategic direction for the team, coaching, performance management, and regular in-person meetings with agents and brokers.

Matching Summary

Match Score: 85

Travelers is seeking a Managing Director for Construction Loss Sensitive underwriting, responsible for overseeing a team of underwriters and managing business profitability and growth. The ideal candidate should have extensive experience in underwriting and leadership, particularly in the construction sector, along with strong negotiation and critical thinking skills.

Salary

Base: $169,400.00 - $279,600.00; Bonus/Equity: Performance-based cash incentive awards available; Benefits: Health insurance, 401(k) match, pension plan, PTO

Skills & Requirements

Must-have

  • Construction loss sensitive underwriting experience
  • Leading field location management
  • Negotiating complex at-risk insurance deals

Nice-to-have

  • Strong critical thinking and decision making
  • Building internal and external relationships
  • Proactive identification of financial challenges

Key Requirements

  • Bachelor's degree required
  • Eight to ten years of relevant underwriting experience
  • Prior management of a field location
  • CPCU designation preferred
  • Expert knowledge of construction loss sensitive products

Work Rights

Not specified

Tailored Resume

Cover Letter