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Markel Group

Three-engine financial holding: insurance, investments, ventures

Underwriter/Senior Underwriter - Property

UnderwritingConfirmed live in the last 24 hours
Full-timeAlpharetta, GA, USA

About the Job

Requirements

  • At least 3 years of complex Property underwriting expertise in the wholesale channel, including surplus lines experience.
  • Demonstrated technical knowledge and skills reflecting progression through positions of increasing responsibility.
  • Demonstrated marketing and relationship-building skills.
  • A four-year college degree and/or CPCU or a similar designation is preferred.
  • Strong oral and written communication skills.
  • Microsoft Office skills, including Microsoft Word and Microsoft Excel.
  • Strong analytical and organizational skills.
  • Willingness to travel up to 25% when appropriate.

Responsibilities

  • Underwrite new business and renewals profitably, in accordance with authority levels and established guidelines, and drive projects that affect the business.
  • Handle larger, more important, and more complex accounts.
  • Use underwriting tools to determine accurate classifications, rates, and premium charges.
  • Understand state laws, including cancellation and non-renewal requirements, in the assigned territory and transact business accordingly.
  • Apply knowledge of coverage forms and policy language, including appropriate use of forms and exclusions.
  • Assist with resolving premium audit disputes involving assigned agents and brokers.
  • Review, analyze, accept, and decline Property risks to ensure profitability.
  • Underwrite and select new business that will produce an underwriting profit.
  • Manage the existing renewal book and implement corrective measures as needed to meet profitability expectations.
  • Communicate with regional managers and national product line leaders about individual accounts and current and proposed producers, and recommend operational, systems, and procedural changes when appropriate.
  • Participate in audits and underwriting meetings as required.
  • Build and maintain quality relationships with key producers while monitoring the appointed producer base for profitability and production.
  • Review competitors’ forms and pricing and effectively market the Markel product in the competitive landscape.
  • Provide training or technical assistance to department underwriting staff.

Desired Qualifications

  • A four-year college degree and/or CPCU or a similar designation.

About the Company

Markel Group

Three-engine financial holding: insurance, investments, ventures

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
IPO
Headquarters
Glen Allen, VA
Founded
1930

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