Travelers Logo

Travelers

Underwriting Managing Director, Technology

Posted 12 Days Ago
Be an Early Applicant
In-Office
2 Locations
154K-254K Annually
Senior level
In-Office
2 Locations
154K-254K Annually
Senior level
The Managing Director, Technology oversees underwriting teams, drives profitability and growth, manages client relationships, and leads strategic initiatives.
The summary above was generated by AI
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.

Job Category
Underwriting

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$153,700.00 - $253,700.00

Target Openings
1

What Is the Opportunity?
Technology & Life Sciences offers a wide array of products to technology software and service providers, electronics manufacturing companies as well as medical technology and pharmaceutical companies. The Managing Director (MD), Technology oversees a team of underwriters who partner with agents and brokers to provide coverage for new and renewal business based on customers' needs. As an MD, you are strategic, decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to lead others in independently assessing complex risk and sell our products in challenging markets will contribute to the profitability and success of Travelers.What Will You Do?
  • Manage the profitability, growth, and retention of business within a location or region.
  • Partner with RVP to develop and implement business strategies to effectively achieve profit and growth objectives.
  • Effectively manage local strategies, objectives and tactics concerning relationships with brokers and agencies.
  • Underwrite and skillfully negotiate the most complex, at-risk, or hard-to-close deals.
  • Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales strategies and identify cross-selling opportunities.
  • Regularly meet in person with agents and brokers and have the ability to travel to these meetings.Provide strategic direction and support for team and take responsibility for coaching, training, and performance management.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor’s degree.
  • Eight to ten years of relevant underwriting experience with experience in technology underwriting.
  • Experience leading or managing others.
  • Prior management of a field location.
  • Expert level knowledge of technology underwriting 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.
  • Excellent communication skills with the ability to successfully negotiate in difficult situations with agents and brokers.
  • CPCU designation.
What is a Must Have?
  • Six years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance 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 value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

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/.

Top Skills

Actuarial
Finance
Risk Assessment
Sales
Technology Underwriting

Similar Jobs

24 Minutes Ago
Hybrid
Los Angeles, CA, USA
Internship
Internship
AdTech • Consumer Web • Digital Media • eCommerce • Insurance • Marketing Tech • SEO
As a Data Engineer Intern, you'll develop and maintain data pipelines, support ETL processes, analyze data, and complete a capstone project, while learning from experienced mentors.
Top Skills: ETLPythonSQL
An Hour Ago
Remote or Hybrid
California, USA
100K-150K Annually
Senior level
100K-150K Annually
Senior level
Artificial Intelligence • Hardware • Information Technology • Security • Software • Cybersecurity • Big Data Analytics
The Senior Information Security Compliance Analyst ensures compliance with security regulations and standards, conducts risk assessments, manages audits, and enhances compliance programs.
Top Skills: Ai ToolsCcpaCompliance FrameworksCompliance Management ToolsGdprGrc PlatformsHipaaInformation SecurityIso 27001Nist CsfPci DssSoc 2
An Hour Ago
In-Office
Costa Mesa, CA, USA
146K-194K Annually
Mid level
146K-194K Annually
Mid level
Aerospace • Artificial Intelligence • Hardware • Robotics • Security • Software • Defense
The role involves managing strategic and operational projects across functions in production, focusing on improving processes involving hardware and software systems, while leveraging data and analytics.
Top Skills: ErpExcelHrisMrpPalantir Foundry

What you need to know about the Los Angeles Tech Scene

Los Angeles is a global leader in entertainment, so it’s no surprise that many of the biggest players in streaming, digital media and game development call the city home. But the city boasts plenty of non-entertainment innovation as well, with tech companies spanning verticals like AI, fintech, e-commerce and biotech. With major universities like Caltech, UCLA, USC and the nearby UC Irvine, the city has a steady supply of top-flight tech and engineering talent — not counting the graduates flocking to Los Angeles from across the world to enjoy its beaches, culture and year-round temperate climate.

Key Facts About Los Angeles Tech

  • Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
  • Key Industries: Artificial intelligence, adtech, media, software, game development
  • Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
  • Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account