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Managing Director-Construction

Company: Travelers
Location: Irvine
Posted on: January 13, 2022

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 SummaryConstruction provides a full suite of insurance solutions suited to construction contractors of all sizes, including General Liability, Property, Marine, Automobile, Workers' Compensation, Umbrella, and more. The Managing Director (MD), Construction oversees a team of underwriters who partner with agents and brokers to provide coverage for new and renewal business based on customers' needs. As an MD, you are strategic, decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to lead others in independently assessing complex risk and sell our products in challenging markets will contribute to the profitability and success of Travelers.Travelers offers a hybrid work location model that is designed to support flexibility. #LI-HybridPrimary Job Duties & ResponsibilitiesManage the profitability, growth, and retention of business within a location or region.Partner with Regional Vice President 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.Minimum QualificationsSix years of underwriting experience.Education, Work Experience, & KnowledgeBachelor's degree.Eight to ten years of relevant underwriting experience with experience in construction risk or oil and gas.Experience leading or managing others.Prior management of a field location.Expert level knowledge of construction risk or oil and gas 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.Licensing or CertificatesCPCU designation.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 are a candidate and have specific 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.To learn more about our comprehensive benefit programs please visit .Job ID: R-14412Job Area: Underwriting

Keywords: Travelers, Irvine , Managing Director-Construction, Executive , Irvine, California

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