Full-Time

Underwriting Support Specialist

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Junior

No H1B Sponsorship

Plano, TX, USA

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

Category
Customer Support
Customer Success & Support
Requirements
  • Strong computer skills, comfortable working in multiple systems.
  • Excellent verbal and written communication skills. Ability to work individually and with a team.
  • Detail oriented
  • Self-directed and highly productive with little supervision
  • Comfortable with high volume workloads and meeting production standards
  • Preferably 1-2 years of insurance related experience. Possess an understanding of insurance products with a basic knowledge or rules, rates and forms.
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Serve as point of contact for agents/brokers by gathering information on behalf of the underwriters, answering questions, resolving low complexity issues, facilitating overall serving of accounts and processing business transactions not requiring review/signoff by an underwriter.
  • Take necessary measures to obtain information needed to finalize inquiries/transactions and maintain a suspense and follow-up system for outstanding underwriting items.
  • Ensure accuracy of information inputted into all appropriate systems and verify that all necessary documentation is in the file.
  • Routinely communicate with team members, agents/brokers and other key business partners to research and gather necessary information to review, analyze and complete transactions.
  • Utilize and adhere to internal guidelines, procedures and service standards to ensure that all assigned work/transactions are processed in a timely manner (yet accurately) and meet compliance standards.
  • Participate in problem solving activities to define problems, identify root causes, design and test solutions, implement solutions, and utilizes continuous improvement methodologies to improve processes & procedures in an effort to work more efficiently & effectively and permanently eliminate problems.
  • Under Underwriter direction, attached appropriate forms and makes policy changes as requested.
  • Establish, support, and maintain effective relationships and/or regular contact with clients and build strong relationships with employees across the organization.
  • Participate in special projects and other duties as assigned to assure efficient operation of the team, customer needs are met, and business results are achieved.

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 find better solutions. The company's goal is to lead in their industry by understanding customer needs and delivering quality products and services 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

  • Expansion in Asia Pacific, especially Singapore and Hong Kong, boosts growth potential.
  • Growing demand for niche insurance products like event cancellation and environmental pollution coverage.
  • Digital transformation enhances efficiency and customer satisfaction through AI and machine learning.

What critics are saying

  • Increased competition from tech-savvy new entrants may erode Markel's market share.
  • Climate change-related claims threaten underwriting profitability in agriculture and pollution sectors.
  • Regulatory scrutiny in Asia Pacific could raise compliance costs and operational challenges.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and event cancellation insurance.
  • The company offers unique coverage for hard-to-place risks, including environmental pollution.
  • Markel's flexible and spontaneous approach fosters innovation and customer satisfaction.

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