January 6, 2009

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Business Insurance Underwriting Professional Development Program

San Antonio, TX

Travelers

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Career Field	Underwriting
Insurance Discipline	All
Relocation Assistance	Not Available
Job Duration	Full Time
Salary Offered	Open

Are you looking for an exciting opportunity to apply your analytical and communications skills? The Travelers Business Insurance Underwriting Professional Development Program (UPDP) is a highly structured training program that provides you with the foundation for a strong underwriting future.

Disciplined underwriting is the foundation of our business strategy and one of the keys to our success. Underwriters are the heart of the insurance process, gathering and researching pertinent information and then using their analytical skills to evaluate the acceptability of business and institutional risk. However, underwriters are more than just analysts � they utilize strong interpersonal skills to build solid relationships with our agents and clients. They are responsible for managing a profitable portfolio of business and building strategic partnerships with our agents and brokers. An underwriting career includes a dynamic blend of analytical and selling/marketing skills � it�s challenging, stimulating and a great career choice

Program components:

The UPDP provides the participant an opportunity to learn and apply technical insurance knowledge in a structured, hands-on environment. Participants are paired with a coach who guides them through the comprehensive one-year training program.

Throughout the program, participants will develop an understanding of Business Insurance�s long- and short-term business strategies designed to achieve growth and profit objectives for their particular business unit. With guidance, they will evaluate new and renewal business to accept, decline, modify and price accounts. Participants also develop effective relationships with internal sources to ensure the delivery of all related services to customers and help with related projects and assignments, such as the review and development of agency production, policy service and workflow. UPDP participants will graduate to manage

their own underwriting territory and contribute positively to their business unit�s plan and Travelers� overall profitability.

Training and development:

Participants combine comprehensive on-the-job training in their field office with classroom training in Hartford, Conn. and Saint Paul, Minn. After completing this core training rotation they continue working with their assigned coaches toward managing their initial underwriting assignments.

Requirements:

� Undergraduate degree with a preferred GPA of 3.0 or greater

� Effective communication skills � written, verbal and presentation abilities

� Analytical skills

� Marketing and sales oriented

� Able to work independently and in a team environment

� Willing to travel to Hartford, Conn. and/or Saint Paul, Minn. for training

� Current/valid driver�s license

� Legally eligible to work in the United States

Suggested majors include:

� Business Administration

� Economics

� Finance

� Liberal Arts (with business focus preferred)

� Management

� Marketing

� Risk Management and Insurance

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