Full-Time

Sustainable Energy Underwriter

Posted on 1/8/2025

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

No salary listed

Mid, Senior

London, UK

Hybrid position requiring some in-office days.

Category
Insurance
Finance & Banking
Required Skills
Risk Management
Requirements
  • Have proven experience in sustainable/renewable energy insurance, or in a property, engineering and/or construction line of insurance, with demonstrable transferrable skills
  • Have excellent communication skills
  • Underwriting Insights and Risk Acceptance
  • Portfolio Management
  • Wording Comprehension and Improvement knowledge
  • Be enthusiastic, proactive, and someone who strives for excellence in everything they do
Responsibilities
  • Work with the head of onshore sustainable energy to develop and implement the underwriting strategy and business plan for the London market and other global hubs, building a long-term and profitable book of sustainable energy business.
  • Develop strong relationships with new and existing brokers.
  • Be active in marketing the sustainable energy & power product, including international travel and representing Markel as required in meetings, conferences and other such events.
  • Demonstrate sound underwriting judgement whilst continuously scrutinizing performance against plan and adjusting approach as required.
  • Apply appropriate risk management practices including aggregation management, governance controls and any measures required to monitor exposures within plan / agreed limits.
  • Providing underwriting support to overseas offices and handling of referral approvals.
  • Mentor and develop underwriting assistants and assistant underwriters, to ensure they reach their potential.
  • Monitor and report on portfolio performance, as required, in conjunction with the head of onshore sustainable energy.
  • Seek and implement continuous improvements in end to end processes and data management.
  • Prioritise customer experience with best in class response times to all stakeholders.
  • Actively participate in the development and implementation of new products to further the business line.
Desired Qualifications
  • Have a detailed understanding of the business line and insurance market
  • Demonstrate strong numerical and analytical ability
  • Excellent IT skills including Microsoft Office

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their insurance offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance for weddings and concerts, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles like yachts and motorcycles. Markel's approach emphasizes understanding customer needs and delivering quality service, while fostering a workplace culture that encourages personal growth and teamwork. Unlike many competitors, Markel prioritizes flexibility and spontaneity in its operations, aiming to continuously improve and innovate. The company's goal is to lead in its industry by providing tailored insurance solutions and maintaining a commitment to integrity and excellence.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for niche insurance products boosts Markel's market opportunities post-pandemic.
  • Digital transformation enhances Markel's operational efficiency and customer experience.
  • Expansion in emerging economies allows Markel to diversify its customer base.

What critics are saying

  • Increased competition from companies like AXA may impact Markel's market share.
  • Cloud migration poses operational risks, including data security vulnerabilities.
  • Investment in Certa MGA exposes Markel to volatile tax and contingent risk markets.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and environmental pollution risks.
  • The company offers unique coverage for hard-to-place risks, including event cancellations.
  • Markel's focus on specialty insurance sets it apart from general insurers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Hybrid Work Options

Employee Stock Purchase Plan

Company News

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Markel, the insurance division of Markel Group Inc., has announced the promotion of Nan Fine to Managing Director, Casualty, Southeast Region at Markel Specialty, and the appointment of Hillary Warren as Manager, Commercial Wholesale Excess Casualty, Southeast Region.

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Mar 3rd, 2025
Cunliffe appointment continues Axa reunion at Markel

Nicola Cunliffe, formerly head of insurance operations at Flock and head of SME trading operations at Axa, has joined Markel as head of trading in the UK.

PR Newswire
Feb 25th, 2025
Markel Appoints Dean Johnson As Senior Underwriter In Transport And Logistics

LONDON, Feb. 25, 2025 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), today announced that Dean Johnson has been appointed to the role of Senior Underwriter, Transport and Logistics, effective immediately

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Feb 25th, 2025
Markel appoints Dean Johnson as Senior Underwriter in Transport and Logistics

Markel appoints Dean Johnson as Senior Underwriter in Transport and Logistics.

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Feb 21st, 2025
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BMS Group has teamed up with CMS, the lawyers, and Markel, the insurance company.

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