Full-Time

Underwriter/ Sr. Underwriter

Excess & Umbrella

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Compensation Overview

$65k - $90kAnnually

+ 35% Bonus Potential

Junior, Mid

No H1B Sponsorship

Boston, MA, USA + 1 more

More locations: New York, NY, USA

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

Category
Insurance
Finance & Banking
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • 1-3 years of experience working with retail insurance agents preferred;
  • Demonstrated technical knowledge and skills reflective of progression of increasing responsibility;
  • Excellent oral and written communication skills;
  • Strong analytical, organizational, and time management skills; demonstrated ability to multi-task;
  • Must be a team player that enjoys a flexible and spontaneous business environment;
  • Self-sufficient with demonstrated ability to overcome obstacles;
  • Takes ownership and responsibility for decisions and outcomes;
  • Strong work ethic and sense of urgency;
  • Proficiency in Microsoft Office suite applications (Outlook, Word, Excel and PowerPoint);
  • Ability to travel up to 25%.
Responsibilities
  • Communicate with underwriting management and product line leader on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures;
  • Review submissions and identify exposure and risk from information provided;
  • Support and learn from those who profitably underwrite and select new business;
  • Review terms, conditions and pricing;
  • Handle related servicing for renewals and new business;
  • Implement corrective measures on renewal accounts as needed;
  • Participate in audits and/or underwriting meetings as required;
  • Attends internal and external meetings.

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 ATVs. 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 providing high-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

  • Markel's expansion into Plano, Texas, supports its growth and operational capabilities.
  • The rise of parametric insurance products aligns with Markel's niche market focus.
  • Increased demand for cyber insurance presents opportunities for Markel's specialized products.

What critics are saying

  • Increased competition in specialty insurance could impact Markel's market share and profitability.
  • Geopolitical tensions in Asia Pacific may affect Markel's expansion and efficiency.
  • Climate change-related claims could lead to higher loss ratios for Markel.

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, such as oil rigs and yachts.
  • Markel's global presence and key hires enhance its operations in the Asia Pacific region.

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