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    The top companies hiring now are The Travelers Companies, Inc.

    The Travelers Companies, Inc.

    4.1

    Account Executive, Inland Marine Underwriter

    Houston, TX

    Who Are We?

    Taking 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.

    Compensation Overview

    The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

    Salary Range

    $83,800.00 - $138,200.00

    Target Openings

    1

    What Is the Opportunity?

    Inland Marine provides protection for business properties that are mobile in nature or require unique valuation. Coverages extend to properties that are owned or in a business's care related to construction, transportation, fine art, and renewable energy. The Account Executive (AE), Inland Marine will partner with agents and brokers to provide coverage for new and renewal business based on customers' needs. As an AE, you are decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to assess risk and sell our products will contribute to the profitability and success of Travelers.

    What Will You Do?

    • Manage the profitability, growth, and retention of an assigned book of business.
    • Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability.
    • Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities.
    • Foster and maintain relationships with external partners by regularly meeting in person with agents and brokers to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite. Must be able to travel to such meetings.
    • Identify and capture new business opportunities using consultative marketing and sales skills.
    • Develop and execute agency sales plans. Execute region/group sales plans.
    • Perform other duties as assigned.
    • Perform other duties as assigned.

    What Will Our Ideal Candidate Have?

    • Bachelor’s degree.
    • Three to five years of relevant underwriting experience with experience in inland marine.
    • Knowledge of inland marine 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.
    • Communication skills with the ability to successfully negotiate with agents and brokers.
    • CPCU designation.

    What is a Must Have?

    • Two years of underwriting experience.

    What Is in It for You?

    • Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
    • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
    • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine 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.

    Employment Practices

    Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

    In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.


    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 http://careers.travelers.com/life-at-travelers/benefits/.


    0

    Base pay range

    The minimum salary is $84K and the max salary is $138K.
    $84K – $138K/yr (Employer est.)
    $111K
    /yr Median
    Houston, TX
    If an employer includes a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Glassdoor displays a "Glassdoor Estimate" if available. To learn more about "Glassdoor Estimates," see our FAQ page.

    Company overview

    Size
    10000+ Employees
    Founded
    1853
    Type
    Company - Public
    Industry
    Insurance Carriers
    Sector
    Insurance
    Revenue
    $10+ billion (USD)

    The Travelers Companies, Inc. ratings

    4.1
    • 82 %
      Recommend to a friend
    • 90 %
      Approve of CEO
    • CEO Alan D. Schnitzer
      Alan D. Schnitzer
      2,320 Ratings
    • Career Opportunities
    • Comp & Benefits
    • Culture & Values
    • Senior Management
    • Work/Life Balance

    The Travelers Companies, Inc. reviews by account executive

    Pros
    • "Good benefits and pension available upon completion of vesting period" (in 61 reviews)
    • "Pay is great." (in 93 reviews)
    • "management is great and very understanding" (in 54 reviews)
    • "Good work life balance for working parents" (in 54 reviews)
    • "Great people to work with" (in 52 reviews)
    Cons
    • "All of it is bad other than the benefits and the rrsp matching." (in 61 reviews)
    • "They don’t pay enough compared to a lot of other companies out there." (in 93 reviews)
    • "Most employees do not get merit raises unless you are management or perform exceptionally well as an hourly employee." (in 54 reviews)
    • "work/life balance can get challenging." (in 54 reviews)

    The Travelers Companies, Inc. – Why work with us

    Life at Travelers

    There are so many compelling reasons why a career at Travelers is the best move you can make. Here are just a few:

    • Our solid reputation as a leading insurance company.
    • Endless opportunities for your career, no matter which path you take.
    • Career options for all levels – from interns to new graduates to experienced professionals.
    • The chance to work with some of the most talented people in the insurance industry.
    • Involvement in creating innovative insurance solutions that are designed to meet our customers’ ever-changing needs.
    • The ability to leave your own personal stamp on people and projects.
    • diverse working environment where differences are embraced and leveraged.
    • The opportunity to join a company that’s committed to the community.
    • Participation in development opportunities designed to provide personal and professional growth.
    • Our compensation programs are designed to attract, motivate and retain the best people that can help achieve the company’s business goals.

    The Travelers Companies, Inc. benefits

    4.4
    3 Ratings

    Employer summary

    At Travelers, we are committed to working with a sense of purpose, helping our customers, our agents, our communities and each other reach higher and achieve more. We offer comprehensive benefit programs to help our employees be healthy and productive in all aspects of their lives — taking control of their health, saving for their future, finding balance and becoming their all-around best selves.

    Employees and their eligible family members – including spouses, domestic partners and children – are eligible for coverage from the first day of employment.

    Employee benefit reviews

    Most commented

    • 401K Plan(287 comments)

      "excellent company with excellent benefits"

    • Health Insurance(163 comments)

      "Health insurance is great, there are many plans to choose from."

    • Vacation & Paid Time Off(120 comments)

      "Vacation & Paid Time Off benefits are excellent"

    • Apr 19, 2024
      Current Product Owner in Richardson, TX, Texas

      Great benefits very similar to the industry benefits

    • Apr 17, 2024
      Current Employee in Hartford, CT, Connecticut

      Travelers offers a wide array of benefits to choose from, they give you options for health insurance that fit what you can afford.

    • Apr 18, 2024
      Current Administrative Assistant in Richardson, TX, Texas

      Great benefits at this company