About the Role
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it.
The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines, and participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Able to provide coaching to others.
Department Overview
The Marine Division is based in London but has some limited representation in other key business locations. We accept risks in the areas of Hull, Cargo, War, Specie, Liability and Terrorism on a world-wide basis. We are leaders in a number of our chosen areas and require a commitment to technical expertise and accuracy to maintain this leadership role. A great emphasis is placed on the relationship between the insured and insurer with a focus on meeting clients and producers in their home territories. Business is written through both Markel Syndicate 3000 and Markel International Insurance Company Limited.
What You'll Be Doing
•Maintain War & Terrorism Product Line specific underwriting policies and procedures and collaborate with management, claims, actuarial and product development to institute changes when appropriate.
•Underwrite new business and renewals in a profitable manner and according to authority level and established guidelines.
•Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
•Prepare, coordinate and execute product lines specific training for underwriters and support staff.
•Act as advocate for Markel and the War and Terrorism product lines and communicate regularly with underwriters with authority.
•Promote collaboration throughout the Markel network to advance line of business profit and growth goals.
•Travel as required when appropriate.
What We're Looking For
The successful candidate will have:
•7+ years of current wholesale and/or retail war and terrorism underwriting expertise required
•Minimum of 5+ years of proven success training, team building, mentoring and performance management of a commercial insurance underwriting team required
•Demonstrated expertise in delivering superior underwriting results required
•Broad understanding of claims, actuarial, product development, regulatory and compliance functions
•Understand and enjoy working in a highly matrixed environment
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay Information
The salary range for this position is $87,100.00 - $181,400.00. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.
Who We Are
Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
What's in It for You
In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
•We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.
•All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
•We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
