Full-Time

Senior Underwriter

Play

Posted on 8/26/2025

Markel Group

Markel Group

51-200 employees

Three-engine financial holding: insurance, investments, ventures

No salary listed

Toronto, ON, Canada

In Person

Category
Finance & Banking (1)
Requirements
  • 5+ years’ property and casualty underwriting experience.
Responsibilities
  • Underwrite and service a growing book of business, including risk selection, coverage negotiation and pricing adequacy on new and renewable business, all in accordance with designated underwriting authorities and company guidelines.
  • Reviews and processes changes on existing accounts to maintain compliance with policy conditions and company underwriting philosophy.
  • Identify, analyze and develop sources of new business; assists in developing marketing strategies for new or improved products.
  • Partner with peers in other product lines to leverage multi-line opportunities.
  • Establish and maintain superior business and service-oriented partnerships with Markel's broker clients through; regular and frequent attendance at client broker events and industry conferences.
  • May mentor junior team members in providing advice and guidance on technical underwriting matters as well as marketing and servicing techniques and approaches.
  • Maintain market intelligence, business insurance trends and industry knowledge.

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company Size

51-200

Company Stage

Post IPO Equity

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Danny O'Donoghue strengthens London Fine Art & Specie expansion across niche risks.
  • Hyperexponential partnership digitizes Canadian environmental rating and improves underwriting speed.
  • A 93% Q1 2026 combined ratio supports underwriting discipline despite softer premiums.

What critics are saying

  • JANA Partners wants a $2 billion tender and Markel Ventures divestiture.
  • Q1 2026 revenue missed estimates, while net premiums earned fell 1.9%.
  • AI investments by AIG and Allianz threaten Markel's pricing speed advantage.

What makes Markel Group unique

  • Markel Group runs specialty insurance, investments, and Markel Ventures as three engines.
  • Locally empowered underwriters target hard-to-place risks across global specialty markets.
  • Capital from insurance funds acquisitions and long-duration ownership of non-insurance businesses.

Help us improve and share your feedback! Did you find this helpful?

Your Connections

People at Markel Group who can refer or advise you

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Employee Stock Purchase Plan

Paid Vacation

Paid Holidays

Parental Leave

Flexible Work Hours

Remote Work Options

Hybrid Work Options

Company News

National Today
Apr 12th, 2026
Luma Capital Buys Stake in Markel Group - Richmond Today

Luma Capital S.A. SPF, an investment firm, purchased a new position in Markel Group Inc. (NYSE:MKL) during the fourth quarter, according to a recent SEC filing. Luma Capital bought 7,032 shares of the insurance provider's stock, valued at approximately $15.1 million, making it the third-largest position in Luma Capital's portfolio.

INACTIVE