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Practice Leader Technology

Travelers Insurance Co. Ltd.
Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

Company SummaryTaking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.Target Openings1Job Description SummaryWe are looking for a Practice Leader to lead our Technology team. In this role you will have responsibility for the development and management of underwriting strategies for specific industry segments and lines of business. You will be responsible for the profit and loss of all line of business products and directly responsible for the underwriting of many of the major accounts within the product. You will ensure the segment produces and underwrites new and renewal business in accordance with underwriting authorities. Leading a team you will mentor, coach and motivate a group of Underwriters in one or more locations.We aim to offer an inclusive and flexible approach to how and when you work, as well as good work-life benefits. We are happy to discuss all types of flexible working with you, when you join us for your interview. While we may not be able to accommodate exactly what you want, we are always open to having the conversation.Primary Job Duties & ResponsibilitiesBe Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making this a great place to work. The following key activities form a core part of your role;Profitability.

  • In accordance with product leadership, executes long and short-term business and underwriting strategies to effectively achieve profit and growth objectives for assigned area.
  • Participates in the development of strategic business planning activities that are designed to increase the presence of the business unit in the market; retain the appropriate mix of business; and achieve overall growth and profit objectives.
  • Monitors portfolio profitability and achievement to plan on an ongoing basis via relevant management information (MI) and general production highlights MI templates.
  • Participates in the establishment of underwriting and marketing strategies and standards that reflect market competitive conditions and, at the same time, meet Travelers growth and profit goals.
    • Marketing/Underwriting.
  • Directs all marketing and underwriting activities to ensure that production and underwriting objectives with respect to profitability are achieved. Marketing and underwriting responsibilities include, but are not limited to:
  • Meeting with broker personnel to maintain and develop positive and productive relationships.
  • In this capacity, assuring that contractual commitments are met and production opportunities are maximised.
  • Representing the company and underwriting strategy in the area to brokers, employees and the community.
  • Working with other business units as appropriate to support market presentation objectives and seek out cross sell opportunities as appropriate.
    • Leading the Team.
  • Acts as the business leader, directing and managing the delivery of excellent customer and broker service.
  • Develops and maintains effective relationships with other Travelers resources (e.g. Distribution, Risk Control, Claim, Operations, etc.) to ensure delivery of all related service to clients.
  • Hires, develops, and retains excellent staff through Inclusive Leadership who will support profit, growth, and expense management goals.
  • Other duties as assigned.
    • To be successful you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model and behave in a way that actively supports an inclusive work environment; and consistently deliver on your commitments.Minimum Qualifications
  • Extensive business leadership, knowledge of industry and/or underwriting and sales experience in area of expertise required.
    • Education, Work Experience, & Knowledge
  • ACII qualification preferred
  • Degree level education preferred
  • Thorough knowledge of the underwriting and sales discipline within a business insurance environment preferred
  • Thorough knowledge of assigned product with evidence of very strong relationships with the panel of brokers who provide business to the relevant segment preferred.
  • Thorough knowledge and ability to effectively communicate, negotiate, lead, and make decisions required
  • Advanced influencing skills, with the ability to influence key stakeholders and impact results required.
  • Advanced interpersonal and leadership skills as well as results orientation required.
  • Advanced technical underwriting and product knowledge as well as the ability to develop and ensure execution of strategic plans required.
  • Thorough understanding of how to run a business P&L, build strategy and successfully execute upon it.
    • Job Specific Technical Skills & Competencies
  • Intermediate level of proficiency in the following:
  • Analytical thinking, judgment, decision making, communication, team work and general customer focus skills.
    • Employment PracticesTravelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.If you have questions regarding the physical requirements of this role, please send us an email so we may assist you.Travelers reserves the right to fill this position at a level above or below the level included in this posting.

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