Operations Manager – Bond & Specialty Insurance
Location: Woodridge
Posted on: June 23, 2025
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Job Description:
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.
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. 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: Sound
underwriting, pricing and problem resolution abilities. Able to
develop new methods and/or approaches to achieving business
objectives. Identify and resolve process deficiencies and quality
control issues across the team. Ability to effectively evaluate
complex information and make the right decision. Is resourceful in
solving problems. Takes intelligent risks to accomplish business
objectives. Customer Focus: Identifies customer needs and takes
appropriate action to meet those needs. Demonstrates commitment to
appropriate level of service. Acts with a sense of urgency.
Interpersonal Skills: Takes responsibility for own actions and
decisions. Manages own work. Is responsible for own development and
performance. Works well in a team environment or independently.
Establishes and maintains effective relationships. Mentors less
experienced members of the staff. What is a Must Have? One year
leadership experience with direct management of staff. Two years of
experience in underwriting, service, sales, claims, and/or
operations. 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.
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