Commercial Surety Underwriter/Financial Analyst

$65,800 - $108,500/Yr

Travelers - Glendale, CA

Full-time - Mid Level

Glendale, CA

Insurance Carriers and Related Activities

About the position

The Commercial Surety Underwriter/Financial Analyst 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 Commercial Surety team, which provides surety bonds for various businesses and individuals. The role requires a blend of underwriting, sales, and negotiation skills to manage a book of business effectively and contribute to the company's profitability and growth.

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 year of related professional experience.
• 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 available information to make decisions in alignment with our risk appetite.
• Communication skills with the ability to negotiate with agents and brokers.

Nice-to-haves

• Experience in sales and marketing within the insurance industry.
• Strong relationship-building skills.

Benefits

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