About the Role
To underwrite the relevant line of business within agreed business plan parameters, in line with underwriting authority, in order to achieve agreed combined ratio targets.
Responsibilities
•Marketing / broker development: Attendance and involvement in marketing initiatives and developing broker & customer relationships with domestic travel.
•Product development: Team participation in the development of new products.
•Supervision: Experience of resolving problems independently; likely to be responsible for the day-to-day supervision of trainee or assistant underwriters.
•Technical knowledge: In depth knowledge of a line of business is required along with experience of resolving problems with limited supervision.
•Underwriting standards: Working within agreed underwriting standards and procedures; ensuring all their data input and systems interactions are in line with agreed procedures for their team.
Qualifications
•5+ years of underwriting experience in the trade credit space or relevant experience
•Bachelor's degree or equivalent experience
•Solid background in risk underwriting with strong financial analysis experience across a wide variety of countries and trade sectors
•Experience of commercial underwriting including large multi-buyer programs, single-risk transactions and other Trade Credit & Political Risk placements
•Experience in financial scoring tools and models
•Experience with trade & export finance risk assessment
•Corporate financial risk analysis
•Familiarity with key aspects of insolvency legislation in major trading economies
•Country Risk knowledge
•Experience with AI tools
Preferred Qualifications
•Policy wording preparation and contract analysis skills
•Experience in structuring policies for both domestic and export business
•Strong relationships with the broking community
•Good understanding of the trade credit industry
•Experience in syndicated and co-insurance placements
•Experience of credit management audits
•Strong sales, presentation and marketing skills
•Track record of producing profitable business
•Proven solid underwriting track record within the trade credit industry
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 $87,000.00 - $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.
