PI Marine - Underwriter/Account Executive

$79,500 - $131,200/Yr

Travelers - Hartford, CT

Full-time - Entry Level

Hartford, CT

1,001-5,000 employees

Insurance Carriers and Related Activities

About the position

The Account Executive for PI Marine at Travelers will focus on underwriting and marketing boat and yacht insurance. This role is essential for managing profitability, growth, and retention of an assigned book of business while fostering relationships with agents and brokers. The position requires collaboration with various partners to achieve financial objectives and develop new business opportunities.

Responsibilities

• Manage the profitability, growth, and retention of an assigned book of business for a state and/or region.
• Underwrite risks for new and renewal business to minimize risk and maximize profitability.
• Foster and maintain relationships with assigned agents and brokers by regularly meeting in person to market and sell Travelers products.
• Assess agent/broker results against financial and business objectives.
• Collaborate closely with Claim partners to understand claim trends.
• Cultivate and maintain relationships with Personal Insurance and Enterprise partners to develop new business and sales plans.
• Identify new business and retention opportunities by promoting Travelers products and services.
• Prepare marketing and sales approaches and recommendations for leadership.

Requirements

• Bachelor's degree or equivalent related work experience.
• 2 years of underwriting experience required.

Benefits

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