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Operations Manager - Middle Market Business Center

Travelers
United Statesfull_timeVerifiedPosted 9 Dec 2024
💰 $167,000/yr($101,300/yr$167,000/yr)

About 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 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, 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

$101,300.00 - $167,000.00

Target Openings

1

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, larger territory, regional revenue of over $115 million. Staff managed range of approximately 12 - 40. Participates in the strategic, as well as the tactical, policy, workflow and performance standards development/implementation.

As of the date of this posting, Travelers anticipates that this posting will remain open until April 1, 2025.

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 exp

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Company

Travelers

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