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Markel

Diversified specialty insurer with tailored solutions

Commercial Underwriter - Surety

UnderwritingConfirmed live in the last 24 hours
Full-timeAlpharetta, GA, USANo salary listed

About the Job

Requirements

  • A minimum of 2 years of industry experience.
  • Thoroughly analyze bond applications and make objective and subjective decisions based on the data.
  • Interpret an extensive variety of procedures and instructions and deal with abstract and concrete variables.
  • Define problems, collect data, establish facts, and draw valid conclusions.
  • Calculate figures and amounts such as premium rates and commissions.
  • Compose business correspondence and respond to questions from managers, clients, and customers.
  • Handle a large volume of bonds and prioritize, organize, and delegate assignments.
  • Possess strong interpersonal skills.
  • Possess strong organizational and time-management skills.
  • Multi-task and work in a team environment.
  • Demonstrate customer service orientation and negotiating skills.
  • Work independently as well as part of a team.

Responsibilities

  • Gather, analyze, and underwrite commercial surety bonds.
  • Evaluate and manage risk associated with various types of commercial surety bonds while adhering to the company’s underwriting philosophy.
  • Understand legal documents, indemnity agreements, statutes, bond forms, and insurance laws and regulations.
  • Apply financial and accounting principles.
  • Use business judgment to evaluate the financial condition, credit history, experience, and character of bond applicants.
  • Develop new business through agency relationships.
  • Use knowledge of processing methods and workflow procedures.
  • Communicate in writing and verbally with internal and external audiences.
  • Interact with people in small groups and social situations.
  • Price, quote, negotiate terms and conditions, and service accounts.
  • Decline and/or cancel coverage.
  • Underwrite renewal bonds.
  • Contribute to internal processing and underwriting systems to promote standardization and efficiencies.
  • Travel overnight and attend occasional agent meetings or industry events.
  • Mentor and provide guidance and support for team members.

About the Company

Markel

Diversified specialty insurer with tailored solutions

Markel sells specialized insurance, reinsurance, and risk-solutions through divisions like Markel Specialty, Markel International, Markel Global Reinsurance, State National, and Nephila. Its products bundle underwriting, tailored policy structures, and risk-transfer tools, including insurance-linked securities, to fit complex client needs. The company differentiates itself by operating multiple complementary lines as one group and following the Markel Style to focus on long-term partnerships with brokers and clients. Its goal is to be a dependable, long-term partner that provides customized risk transfer solutions and support.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Glen Allen, Virginia
Founded
1930

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