Development Underwriter – SME Property & Casualty Networks

Overview

As an underwriter in our Business Insurance team for UK & Ireland, you drive profitable growth by assessing risk and securing new business with key brokers. You will manage a broker-facing portfolio, negotiate terms, and expand lines of business while maintaining strong risk controls. You will travel to industry events and partner with cross-functional teams to support renewal and retention strategies. This role sits at the heart of Travelers’ broker-focused strategy, combining analytical decision-making with commercial negotiation. You will help shape underwriting reviews and contribute to sustainable profitability across our portfolio.

Pay / Benefits

• Private Medical Insurance (single cover with option for dependents)
• Pension plan with company contributions
• Holiday entitlement starting at 25 days, up to 35 with additional purchase
• Wellness programme and mental health support
• Volunteer encouragement and charitable giving matched

Responsibilities

• Underwrite and negotiate moderate risks to balance profitability and risk
• Proactively manage portfolio to hit KPI targets and pursue new business
• Collaborate with Manager/Team to address risk characteristics identified in Portfolio Management
• Identify opportunities to write additional lines of business using product knowledge and appetite
• Utilise technology platforms to quote and bind efficiently
• Support underwriting reviews and manage action points for policies or portfolios
• Cultivate relationships with internal partners and cross-sell within the enterprise
• Maintain broker relationships via phone, email and other channels to market Travelers products and grow accounts
• Travel to meetings and attend industry conferences as required
• Develop pipeline plans and support renewal team in retention aligned with sales plans
• Train and mentor less experienced underwriters and assist junior team members

Key requirements

• A Levels or similar qualification
• Good knowledge of products, regulatory environment, and local insurance market
• Analytical/critical thinking in underwriting, market products, and risk assessment
• Excellent communication and influencing skills for broker negotiations
• Ability to work with diverse teams and cultures
• Experience in trading and developing broker relationships
• Underwriting experience with product and financial analysis
• Portfolio management and risk appetite alignment

• Communication
• Negotiation
• Collaboration
• Underwriting
• Broker relationship management
• Portfolio management

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