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Travelers
,
London, Greater London
Portfolio Manager
Overview
Job Description
Company Information 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 Job Description Summary We are looking for a Portfolio Manager with experience in monitoring and managing a trade segment across multiple lines of business. In this role you will identify market opportunity, the trade segment requirements and associated policy covers and ensure growth in identified segments. You will also ensure the product strategies are in place, executed and regularly reviewed and that product plans are distributed, and performance and results are monitored, reviewed and reported upon as required. We aim to offer an inclusive and flexible approach to how and when you work, as well as good work-life benefits. We are happy to discuss all types of flexible working with you, when you join us for your interview. While we may not be able to accommodate exactly what you want, we are always open to having the conversation. Be Committed, Be Connected, Be Creative and Be Energised - these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making this a great place to work. The following key activities form a core part of your role; + Manage the strategic function of assigned products, supporting the overall profitability, growth and retention of the product line and consistency of all related underwriting initiatives. + Ensure that the product operates in accordance with the Company's policies, procedures and controls (including audit requirements) at all times. + Work collaboratively with business units to determine product line strategy in the business, including research and development of new opportunities in the form of a business plan. + Recommend underwriting policies and standards which support the development of assigned products and services such as researching and identifying target business, competitor information, industry and economic factors across the business. + Establish and maintain collaborative relationships with colleagues in Head Office, Risk Control, Claims, Actuarial, and as needed, any other parts of the organisation. + Prepare the analysis and gather data to support the execution of company underwriting policies and standards. + Work closely with actuarial staff to ensure pricing is supportive of the products and the organisations. + Collect and analyse claims data to determine if claims initiatives are aligned with product line strategy. + Monitor product results (i.e. line profitability analysis, quarterly loss trends, production highlights etc.) and make recommendations for action as necessary. + Prepare findings and analyse data in support of the company's position on the assigned product in response to requests from regulators. + Provide support in the promotion of Travelers products, distribution strategy and philosophy and guidance on the Company's underwriting philosophy, procedures and requirements by building strong partnerships with Brokers and Customers. + Provide leadership, guidance, mentoring and coaching as appropriate in relation to the products. To be successful you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model and behave in a way that actively supports an inclusive work environment; and consistently deliver on your commitments. Minimum Qualifications You will have previous experience in a similar strategic focused role as well as excellent collaboration and influencing skills. You must be CII qualified and have significant experience of Property and Casualty Insurance. ACII is preferred but not essential. Each individual has a responsibility for: + Complying with Travelers Companies Code of Business Conduct and Ethics and HR policies and procedures. + Ensuring adherence to Travelers Companies' Business Excellence Policy and Procedures and delivering high quality service to our brokers and customers in line with our service standards. + Handling Complaints in accordance with Company guidelines and your personal authority. + Complying with Financial Regulator and Sarbanes Oxley guidelines. + Working as a team with colleagues within the Company. + Developing strong relationships with key supporting brokers and customers. + Communicating knowledge of his/her actions to his/her Manager and colleagues and to consider their impact on other technical, operational, sales and financial disciplines when formulating those actions. + Adhering to the Company's Environmental Policy and procedures. + Keeping adequate records of all transactions undertaken with our brokers and