Eight to ten years of relevant underwriting experience
Experience leading or managing others
Prior management of a field location
Travelers is seeking a Managing Director for Construction Loss Sensitive underwriting, responsible for overseeing a team that manages profitability, growth, and retention. The ideal candidate will possess extensive underwriting experience, particularly in construction, and will excel in relationship-building and strategic decision-making
Job Summary
The Managing Director oversees a team of underwriters who partner with agents and brokers to provide coverage for new and renewal business based on customers' needs.
Employees are eligible for performance-based cash incentive awards as part of a comprehensive compensation and benefits program.
Travelers offers a pension plan that is 100% funded by the company along with dollar-for-dollar 401(k) matching up to 5% of eligible pay.
Matching Summary
Match Score: 85
Travelers is seeking a Managing Director for Construction Loss Sensitive underwriting, responsible for overseeing a team that manages profitability, growth, and retention. The ideal candidate will possess extensive underwriting experience, particularly in construction, and will excel in relationship-building and strategic decision-making.
Salary
Base: $169,400.00 - $279,600.00; Bonus/Equity: Performance-based cash incentive awards available; Benefits: Health insurance, 401(k) match, Pension Plan, Paid Time Off
Skills & Requirements
Must-have
Eight to ten years of relevant underwriting experience
Experience leading or managing others
Prior management of a field location
Expert level knowledge of construction loss sensitive products
Strong critical thinking skills for risk assessment
Nice-to-have
Ability to build relationships internally and externally
Strategic and decisive leadership style
Excellent communication and negotiation skills
Proactive identification of financial challenges
Commitment to innovation and collaboration culture
Key Requirements
Bachelor's degree required
CPCU designation preferred
Six years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience
Expertise in regulatory environment and local insurance market