Full-Time

Underwriter

Cyber/Tech and E&O

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Compensation Overview

$65k - $90kAnnually

+ 20% Bonus Potential

Junior, Mid

No H1B Sponsorship

Shrewsbury, NJ, 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
Marketing

You match the following Markel's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Four-year college degree preferred
  • Minimum of 2 years current wholesale Professional Liability underwriting expertise in the Northeast Region of the US preferred
  • Demonstrated technical knowledge and skills of products
  • Demonstrated marketing and relationship building skills
  • Excellent oral and written communication skills
  • Strong analytical and organizational skills
  • Team player that enjoys a flexible and spontaneous business environment
  • Up to 20% travel in the Northeast US
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Profitably underwrite existing wholesale Professional Liability (Misc E&O, Cyber & Tech) business and new business to include reviewing, analyzing, accepting, and declining risks
  • Proactively communicate with regional managers and national product line leaders on individual accounts, current and proposed producers
  • Inform business decisions by making recommendations concerning operations, systems and procedures
  • Review submissions and identify exposure and risk from information provided
  • Review terms, conditions and pricing
  • Implement corrective measures on renewal accounts as needed
  • Monitor producers for profitability and production.
Desired Qualifications
  • Four-year college degree preferred
  • Minimum of 2 years current wholesale Professional Liability underwriting expertise in the Northeast Region of the US preferred

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

  • Increased demand for cyber insurance aligns with Markel's investment in Perseus Technologies.
  • Growing interest in ESG factors enhances Markel's environmental pollution coverage offerings.
  • Expansion of the gig economy presents opportunities for Markel to develop niche products.

What critics are saying

  • Increased competition in specialty insurance could erode Markel's market share.
  • Climate change-related claims may lead to higher payouts, impacting profitability.
  • Global economic uncertainty may affect investment returns crucial for Markel's financial health.

What makes Markel unique

  • Markel specializes in hard-to-place risks for niche markets like agriculture and equine.
  • The company offers unique coverage options such as event cancellation and inland marine.
  • Markel's investment in cybersecurity and tax insurance diversifies its specialty offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Hybrid Work Options

Employee Stock Purchase Plan