Full-Time

Assistant Underwriter

Renewal Connect

Posted on 9/19/2025

Markel Group

Markel Group

51-200 employees

Three-engine financial holding: insurance, investments, ventures

No salary listed

Leeds, UK

Hybrid

3 days in the office / 2 days from home.

Category
Finance & Banking (1)
Required Skills
Customer Service
Data Analysis
Requirements
  • Proven relevant insurance experience and demonstrable technical skills
  • Excellent written, spoken communication and numerical skills
  • A high level of accuracy and attention to detail
  • Demonstrable IT skills including MS Office
  • Be studying for/or be willing to study for CII qualifications – the company will fully fund and support this qualification for you!
Responsibilities
  • Provide and maintain a good level of underwriting, demonstrating a thorough knowledge of company guidelines and authority levels to achieve defined objectives
  • Underwriting risks in accordance within own personal level of underwriting authority
  • Provide excellent service to our brokers, prioritising renewals and mid-term adjustments and referrals whether emanating from the broker e-trading platform, Acturis or by email/phone to ensure deadlines are met
  • Ensure incoming calls to the team are answered promptly and professionally
  • Diarise and follow up renewals with brokers with the purpose of securing and retaining business
  • Review broker generated activities and encourage broker to deal with Markel by highlighting our product benefits and negotiating terms. Analyse broker performance and report findings to the team manager
  • Manage renewal cases working as appropriate with the broker to secure renewal and upsell/ cross-sell additional covers
  • Build and maintain excellent working relationships with the technical teams in Leeds and the wider business
  • Assisting the team and wider business with ad hoc projects
Desired Qualifications
  • Background and experience in our classes of business is desirable, but not essential

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company Size

51-200

Company Stage

Post IPO Equity

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising equine insurance demand in Europe and Asia Pacific boosts Markel International premiums.
  • AMF Bakery Systems gains from industrial baking automation and sustainable equipment trends.
  • Jump AI partnership cuts underwriting costs, improving Q1 2026's 93% combined ratio.

What critics are saying

  • JANA Partners forces Markel Ventures divestiture within 3-6 months, dismantling three-engine model.
  • Chubb undercuts Markel Global Reinsurance premiums by 10-15% in 12-24 months.
  • 2026 US hurricanes spike Markel Specialty combined ratio above 100% in 6-12 months.

What makes Markel Group unique

  • Markel Group deploys three-engine model of specialty insurance, investments, and Markel Ventures since 2005.
  • Covers hard-to-place risks like equine, marine, and museums via Markel Specialty and International.
  • Emulates Berkshire Hathaway by permanently holding diverse Ventures businesses like AMF Bakery Systems.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Employee Stock Purchase Plan

Paid Vacation

Paid Holidays

Parental Leave

Flexible Work Hours

Remote Work Options

Hybrid Work Options

Company News

National Today
Apr 12th, 2026
Luma Capital Buys Stake in Markel Group - Richmond Today

Luma Capital S.A. SPF, an investment firm, purchased a new position in Markel Group Inc. (NYSE:MKL) during the fourth quarter, according to a recent SEC filing. Luma Capital bought 7,032 shares of the insurance provider's stock, valued at approximately $15.1 million, making it the third-largest position in Luma Capital's portfolio.

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