What are the responsibilities and job description for the Operations Manager - Bond & Specialty Insurance position at The Travelers Indemnity Company?
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.
Job Category
Operations
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
101,300.00 - $167,000.00
Target Openings
What Is the Opportunity?
Reports to Assistant Vice President, Operations or Operations Director. Implements strategic and tactical operational initiatives. Effectively manage operations and processes associated with policy service activities (i.e., support business from initial submission through policy issuance and accounting for the policy life cycle). Implement and execute performance standards and monitor those standards. Collaborate with underwriting, headquarters and service staff to identify training needs, assess quality / performance standards for the account support / services staff and ensure priorities are responsive to marketing, underwriting and retention decisions. Assure all related activities are delivered in a manner consistent with customer service and expense management focus. Accountable to direct / manage the account services activities for one or multiple remote sites (i.e., 4 - 7 locations) Staff managed range of approximately 12 - 40. Participates in the strategic, as well as the tactical, policy, workflow and performance standards development / implementation. What Will You Do?
- Participate in the implementation of long and short term business strategies to effectively achieve policy service objectives.
- Implement and participate in the development of tactical business planning and monitoring decisions / activities designed to support underwriting decisions which are consistent with business retention goals.
- Participate in the implementation of operational and policy service strategies, policies, workflow processes and standards. Ensure effective utilization of these strategies, policies, etc.
- Manage account support activities to meet production goals; assure compliance and performance standards are achieved; provide management information as necessary; and utilize all available resources in a cost effective manner.
- Reconcile financial and operational results to ensure all information is correct (i.e. overdue, hit ratio, skip list, etc.). Take corrective action as necessary.
- Provide management information reports.
- Act in a collaborative capacity with service, billing, HO, etc. to resolve problems / issues quickly. Establish priorities and make workflow decisions.
- Assure that our contractual commitments are met.
- Manage the effective implementation of new technologies and the utilization of existing systems.
- Resolve operation matters resulting in bottleneck situations to assure business results are not negatively affected by operational problems.
- Establish and maintain positive and productive relationships through on-going dialogue with UW Management, Underwriters & agents / brokers.
- Meet with them to assess operations performance and identify / resolve issues / problems.
- Develop and maintain effective relationships with internal resources (e.g., Claim, Operations, etc.) to coordinate the delivery of all related services to clients.
- Maintain an appropriate level of customer service.
- Participate in major projects as assigned.
- Perform all necessary staff management functions to support profit, growth and expense management goals.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
Two years leadership experience with direct management of staff.
Property Casualty knowledge.
Policy service background.
Basic understanding of underwriting and marketing functions and environments.
Systems background.
Clearly expresses ideas orally and in writing.
Listens to and understands what others are saying.
Shares information and maintains confidentiality Business Knowledge.
Solid understanding of P&C products and services.
Conceptual knowledge of marketing products and services.
Working knowledge of workflow related to all support activities.
Knows how to get things done.
Decision-Making and Problem Solving :
Customer Focus :
Interpersonal Skills :
What is a Must Have?
What Is in It for You?
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 / .
Salary : $101,300 - $167,000