Full-Time
Underwriting Support Specialist-Operations
Confirmed live in the last 24 hours
Markel
1,001-5,000 employees
Specialty insurance and reinsurance provider
Entry, Junior
No H1B Sponsorship
Richmond, VA, USA
Hybrid working schedule of 3 days in the office and 2 days remote.
- High School Diploma Required
- Strong written and data entry/ typing skills
- Strong oral communication skills
- Attention to detail and accuracy
- Adequate in Microsoft Office products (Outlook, Word, Excel)
- Ability to multitask and prioritize daily workload
- Strong Team Player
- Preferred 2 years in Underwriting Support Assistant role
- Ability to manage high volume workload
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
- Rating for new and renewal business in addition to, pre-renewal setups, processing post-transactions, and tasks for assigned product lines that support Underwriting groups in multiple policy and rating systems within the set department or compliance standards.
- Accountable for accurate rating/pricing documentation in document management system.
- Ensure accuracy of information input into all appropriate systems and verify that all necessary documentation is on file.
- Basic knowledge of rate, rules, and forms for lines of business and product lines supported.
- Monitor and process incoming work within Underwriting Support task workflows
- Understanding and expertise to execute on assigned Performance Goals via following prescribed training guidelines
- Adhere to prescribed productivity standards
- Adhere to prescribed accuracy standards
- Contribute to team meeting service level standards set forth by department leadership
- Maintain a professional working relationship with colleagues at Markel
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 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 a commitment to understanding customer needs, which allows them to deliver quality service and innovative solutions. The company's goal is to lead in their industry by continuously improving their offerings and fostering an environment where employees can thrive and contribute to the company's success.
Company Stage
IPO
Total Funding
N/A
Headquarters
Glen Allen, Virginia
Founded
N/A
Simplify's Take
What believers are saying
- Recent investments from firms like Lighthouse Investment Partners and Swedbank AB indicate strong market confidence in Markel's growth potential.
- Expansion into new office space in Plano, Texas, reflects Markel's ongoing growth and commitment to increasing its operational capacity.
- Key hires and promotions, such as the appointment of a new Chief Strategy Officer, signal a robust leadership team focused on strategic growth.
What critics are saying
- The specialized nature of Markel's insurance offerings may limit its market size compared to more diversified insurers.
- Expansion efforts, such as those in Asia Pacific, require careful management to avoid overextension and ensure sustainable growth.
What makes Markel unique
- Markel's focus on niche markets like agricultural risks, event cancellation, and inland marine coverage sets it apart from traditional insurers.
- The company's commitment to innovation and flexibility allows it to adapt quickly to market changes, unlike more rigid competitors.
- Markel's global presence and strategic hires in Asia Pacific enhance its ability to serve diverse markets with specialized insurance solutions.
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