Associate Account Executive / Underwriter, BSI Corvus Cyber

$65,800 - $108,500/Yr

Travelers - Glendale, CA

Full-time - Entry Level

Glendale, CA

1,001-5,000 employees

Insurance Carriers and Related Activities

About the position

The Associate Account Executive / Underwriter role at Travelers involves evaluating and analyzing financial and business risks while building relationships with clients, agents, and brokers. This position is part of the National Cyber Practice team, focusing on providing insurance solutions for businesses affected by cyber threats. The AAE will manage a book of business, underwrite customer accounts, and contribute to the profitability and success of the company through effective risk assessment and relationship management.

Responsibilities

• Manage the profitability, growth, and retention of a typically smaller assigned book of business.
• Underwrite and negotiate routine customer accounts to minimize risk and maximize profitability.
• Partner with leadership to execute business unit underwriting strategies across your book of business to achieve profit and growth objectives.
• Cultivate and maintain relationships with internal partners to identify cross-selling opportunities.
• Foster and maintain relationships with external partners by regularly meeting with agents and brokers to market and sell Travelers products.
• Identify and capture new business opportunities using consultative marketing and sales skills.
• Execute agency, region, and group sales plans with guidance from management.
• Perform other duties as assigned.

Requirements

• Bachelor's degree.
• One to three years of applicable underwriting experience.
• Working knowledge of products, the regulatory environment, and local market conditions.
• Critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyze information to make decisions.
• Communication skills with the ability to negotiate with agents and brokers.

Nice-to-haves

• Experience in the insurance industry.
• Familiarity with cyber risk insurance and related products.

Benefits

• 401(k) matching
• Paid holidays
• Paid time off
• Wellness program