Full-Time

Underwriter

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Mid, Senior

No H1B Sponsorship

London, UK

Hybrid work model indicated by #LI-Hybrid.

Category
Insurance
Finance & Banking
Required Skills
Risk Management
Data Analysis
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 a detailed understanding of the business line and insurance market
  • Demonstrate strong numerical and analytical ability
  • Excellent IT skills including Microsoft Office
  • Have excellent communication skills
  • Have a network of London and international distribution channels
  • Underwriting Insights and Risk Acceptance
  • Portfolio Management
  • Underwriting Data Analysis and Claims Service
  • Actuarial Concepts
  • 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

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles such as yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and continuous improvement, encouraging employees to innovate and adapt. The company's goal is to lead in their industry by understanding customer needs and delivering quality service while fostering a supportive work environment.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for cyber insurance aligns with Markel's investment in Perseus Technologies.
  • Growing interest in ESG factors enhances Markel's environmental pollution coverage offerings.
  • Expansion of the gig economy presents opportunities for Markel to develop niche products.

What critics are saying

  • Increased competition in specialty insurance could erode Markel's market share.
  • Climate change-related claims may lead to higher payouts, impacting profitability.
  • Global economic uncertainty may affect investment returns crucial for Markel's financial health.

What makes Markel unique

  • Markel specializes in hard-to-place risks for niche markets like agriculture and equine.
  • The company offers unique coverage options such as event cancellation and inland marine.
  • Markel's investment in cybersecurity and tax insurance diversifies its specialty offerings.

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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