Job Information
Travelers Insurance Company Underwriting Officer, Commercial Lines in Oakville, Ontario
Who Are We?
Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
Job Category
Underwriting
Target Openings
1
What Is the Opportunity?
Under limited supervision, acts as a subject matter expert supporting Industry Solutions (i.e. Industry Underwriting Portfolio Management), Product/Wordings and Underwriting Guidelines Development, and other Underwriting Office strategic initiatives as assigned.
What Will You Do?
Industry Solutions:
- Leverages underwriting and industry expertise to contribute to the development of industry underwriting strategies for Canada, Business Insurance. As an Underwriting Officer, you will use your expertise to conduct industry underwriting portfolio analysis and influence underwriting strategy and product positioning in collaboration with various stakeholders (e.g. Home Office Underwriting, Field Underwriting, Product Management, Actuarial).
Product/Wordings and Underwriting Guidelines Development:
- Reviews, updates, and creates insurance coverage forms and endorsements for Canada Business Insurance to ensure they meet Enterprise standards and coverage intent. Supports the development of underwriting guidelines to support corporate and underwriting strategies. Acts as a subject matter expert on Home Office Underwriting and Field Underwriting teams on wording issues and guidelines.
Other:
May participate in strategic initiatives and other projects.
Perform other duties as assigned.
What Will Our Ideal Candidate Have?
7+ years of underwriting experience.
CIP designation.
Advanced or Intermediate knowledge of Property and Liability policy wordings.
Advanced or Intermediate Microsoft Office skills preferred (MS Excel, MS PowerPoint, and MS Word).Experience developing underwriting guidelines.
What is a Must Have?
- 6 years of underwriting experience.
What Is in It for You?
Health Insurance: Employees and their eligible family members – including spouses, partners, and children – are eligible for coverage from the first day of employment.
Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.
Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Equal Employment Opportunity Statement
Travelers is an equal opportunity employer. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (4-ESU@travelers.com) so we may assist you.
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