Managing Director (Underwriting) Excess Casualty

$149,600 - $246,800/Yr

Travelers - Alpharetta, GA

Full-time - Senior

Alpharetta, GA

Insurance Carriers and Related Activities

About the position

The Managing Director (MD) of Excess Casualty at Travelers Insurance is responsible for overseeing a team of underwriters who provide coverage for new and renewal business in the excess casualty space. This role involves strategic management of profitability, growth, and retention of business, as well as building and maintaining relationships with agents and brokers. The MD is expected to lead the team in assessing complex risks and driving results in challenging markets, contributing to the overall success of the company.

Responsibilities

• Manage the profitability, growth, and retention of business within a location or region.
• Partner with RVP to develop and implement business strategies to effectively achieve profit and growth objectives.
• Effectively manage local strategies, objectives and tactics concerning relationships with brokers and agencies.
• Underwrite and skillfully negotiate the most complex, at-risk, or hard-to-close deals.
• Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales strategies and identify cross-selling opportunities.
• Regularly meet in person with agents and brokers and have the ability to travel to these meetings.
• Provide strategic direction and support for team and take responsibility for coaching, training, and performance management.
• Perform other duties as assigned.

Requirements

• Bachelor's degree.
• Eight to ten years of relevant underwriting experience with experience in the excess casualty space.
• Experience leading or managing others.
• Prior management of a field location.
• Expert level knowledge of Excess Casualty products, the regulatory environment, and the local insurance market.
• Strong critical thinking skills with the ability to proactively identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite.
• Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers.
• CPCU designation preferred in some lines of business.

Nice-to-haves

• CPCU designation preferred in some lines of business.

Benefits

• Health Insurance: Coverage for employees and their eligible family members from the first day of employment.
• Retirement: 401(k) matching contributions dollar-for-dollar up to the first 5% of eligible pay, and a Pension Plan funded by Travelers.
• Paid Time Off: Minimum of 20 days annually plus nine paid company holidays.
• Wellness Program: Access to tools, discounts, and resources for wellness goals, including mental health support.
• Volunteer Encouragement: Matching Gift and Volunteer Rewards program to support charitable contributions.