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

+ 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 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.

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