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Senior development underwriter - technology

Travelers Canada
Underwriter
€70,000 a year
Posted: 16h ago
The role

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 170 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.

What Is the Opportunity?

Travelers is looking for an exceptional Senior Development Underwriter to join our growing Technology Underwriting team and play a pivotal role in shaping the future of our portfolio. You’ll bring a strong foundation in new business underwriting, underpinned by deep technical expertise across one or more of the following lines: Technology, Property & Casualty, PI, or Cyber. You’ll combine rigorous risk assessment with outstanding relationship‑building skills—negotiating terms with confidence and presenting our products with conviction.

In this role, you’ll take ownership of the full submission lifecycle, proactively managing quotes and binds to consistently deliver against target conversion ratios. Through close, strategic partnerships with brokers, you’ll develop tailored insurance solutions that meet client needs while driving sustainable profitability across your assigned portfolio.

What Will You Do?

  • Manage the profitability, growth, and retention of an assigned book of business primarily comprised of moderate to complex accounts across all our products.
  • Underwrite and skillfully negotiate moderate to complex risks to minimise risk and maximise profitability, including Mid Term Adjustments (MTAs).
  • Proactively manage your portfolio, ensuring key performance indicators are consistently achieved and actively target new business and retention.
  • Identify and take corrective action based on individual risk characteristics identified through Portfolio Management to actively manage your portfolio of risks.
  • Identify and capture opportunities to write additional lines of business using knowledge of products, risk characteristics and appetite.
  • Proactively utilise various technology platforms to quote and bind risk efficiently.
  • Prepare, lead and present Underwriting Reviews for individual policies or portfolios/schemes and manage action points.
  • Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to identify cross‑selling opportunities.
  • Foster and maintain relationships with brokers by phone, email or other communication channels to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite.
  • Develop and execute pipeline plans and support the renewal team in the retention of business that aligns with the team’s sales plans to drive success working in partnership with the sales team.
  • Train and mentor less experienced underwriters. Support and collaboration for more junior members of the team, including referrals.
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • A Levels or similar qualification.
  • Deep knowledge of products, the regulatory environment, and the local insurance market.
  • Strong critical thinking skills with the ability to underwrite, market products, identify financial challenges, and analyse available information to make decisions in alignment with our risk appetite.
  • Excellent communication skills with the ability to successfully negotiate in difficult situations with brokers.
  • Ability to work with people from different backgrounds, experiences, cultures, races, etc., and view those differences as assets.
  • Experience coaching and mentoring others.
  • Proficiency in reviewing competitor press releases and industry trade press for insights to inform team strategies.
  • Experience participating in or leading projects that involve complex analysis and implementation of non‑complex, routine business and regulatory changes relating to the enhancement, maintenance or introduction of new products.

What is a Must Have?

Strong experience in underwriting, product knowledge, financial analysis, or risk assessment.

What Is in It for You?

  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. If you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: A programme comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs, including free professional counselling services.
  • Volunteer Encouragement: A Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognise that we benefit in numerous ways from our differences. Please note that you may have specific questions regarding the physical requirements of this role—contact us via 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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