Full-Time

Underwriter/ Senior Underwriter

Brokerage Property

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Mid, Senior

No H1B Sponsorship

Plano, TX, USA

Hybrid working schedule: 3 days in the office and 2 days remote.

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Minimum 3-5 years of current experience underwriting profitable property or related business (position title will depend upon experience);
  • Bachelor’s degree and industry designations (proven, outstanding experience can be substituted for education);
  • Proven outstanding reputation with wholesale distribution;
  • Knowledge of pricing accounts using loss rating and actuarial modeling tools/techniques;
  • Ability to work in a fast paced environment;
  • Proven excellent customer service skills;
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility;
  • Must have excellent oral and written communication skills;
  • Superb MS Office and underwriting system skills;
  • Strong analytical and organizational skills;
  • Must be a team player that enjoys a flexible and spontaneous business environment.
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Reviewing, analyzing, accepting, and declining property risks to ensure profitability for Markel.
  • Communicating with underwriting management on individual accounts, current and proposed producers, and to make recommendations concerning operations, systems and procedures when appropriate.
  • Underwrite and select new business that will produce an underwriting profit.
  • Review submissions and identify exposure and risk from information provided.
  • Underwrite renewal business review terms, conditions and pricing and handle related account servicing.
  • Monitor producers for profitability and production.
  • Monitor results of the overall book of business assigned; and recommend corrective action as necessary.
  • Develop and maintain productive relationships within assigned region and product line management.
  • Participate in audits and/or underwriting meetings as required.
  • Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.
  • Coordinate with other Markel platforms on common accounts.
  • Travel within the Mid South region.

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 Jobs

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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