Full-Time

Senior Risk Solutions Specialist

Property & Marine

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Compensation Overview

$80k - $135kAnnually

+ Bonus Potential

Senior

No H1B Sponsorship

Boston, MA, USA + 7 more

More locations: Canoga Park, Los Angeles, CA, USA | Plano, TX, USA | Richmond, VA, USA | Chicago, IL, USA | Alpharetta, GA, USA | Scottsdale, AZ, USA | New York, NY, USA

Hybrid working schedule of 3 days in the office and 2 days remote.

Category
Risk Management
Finance & Banking
Requirements
  • Bachelor’s Degree (B.A. or B.S.) in an Engineering, Risk Management, Fire Sciences, or related field from an accredited four-year college or institution.
  • Recognized relevant certifications (such as P.E., CSP, ARM, CFPS) or willingness to pursue.
  • Minimum of 5-8 years combined documented Property, IM & Ocean Marine related loss control/risk management experience in either retail and/or wholesale markets.
  • Understanding of different Property, IM & Ocean Marine related insurance coverage such as general Property, Inland Marine, Ocean Marine, Equipment Breakdown, Cargo, and others.
  • Experience and familiarity with Property, IM & Ocean Marine exposures and controls in a variety of low to high hazard occupancies (residential, commercial, industrial).
  • Technically proficient in understanding, interpreting, and applying standards such as NFPA, FM Global, IBC, or clients own; and, evaluating fire protection systems (automatic sprinklers, special extinguishing systems, etc.).
  • Strong technical skills, fluency in risk management software platforms, MS Office products, etc.
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Perform and review RSS surveys conducted by fellow RSS team members and/or vendors.
  • Attend industry events and training to enhance subject matter knowledge.
  • Perform various RSS tasks at the request of Director.
  • Collaborate on internal RSS initiatives.
  • Provide loss control engineering expertise, to enable loss control to meet its customer and corporate goals.
  • Partner with Underwriting to select, retain, and grow a profitable book of business to meet department and corporate goals for retail, wholesale, primary and excess property, inland marine and ocean marine markets and industry verticals with a property component such as construction and life sciences.
  • Build and maintain productive relationships with Underwriting, Claims, RSS Team, Brokers and other stakeholders.
  • Develop and maintain risk control reports, report forms and other documents as needed for the growth and development of the loss control property and IM division.
  • Aid underwriting in developing guidelines for when and how to use loss control services.
  • Complete on site, virtual and desktop risk assessment evaluations for a wide variety of moderate to high complex Property, IM & Ocean Marine accounts with potential for high severity losses.
  • Identify and communicate potential Property, IM & Ocean Marine risks, exposures and controls needed to reduce likelihood of loss and aid Underwriting with making informed decisions on risk selection and quality.
  • Identify uncontrolled exposures and influence the customer to make improvements and/or take corrective actions to mitigate the potential for loss.
  • Provide solutions and resources to assist the customer in risk identification and reduction.
  • Write technically detailed reports that communicate a clear assessment of risk and effectively articulate recommendations.
  • Assist with vendor management, quality control and utilization as needed.
  • Prepare and deliver technical training to team members and underwriters, insureds and others as appropriate.
  • Stay current with technical subject matters, regulatory environment, and emerging issues. Aid with technical content development.
  • Collaborate with other team member and business partners on special projects benefiting the loss control department and organization.
  • Maintain a basic understanding of boiler & machinery operations, exposures and controls.
  • Independently manage workload and maintain documentation for tracking of work requests.
  • Be able to learn and use available and new technologies for assessment and reporting.
  • Approximately 25% travel will be necessary. Additional travel may be needed to support initiatives.
  • Perform other duties as assigned.

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 ATVs. 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 providing high-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

  • Markel's expansion into Plano, Texas, supports its growth and operational capabilities.
  • The rise of parametric insurance products aligns with Markel's niche market focus.
  • Increased demand for cyber insurance presents opportunities for Markel's specialized products.

What critics are saying

  • Increased competition in specialty insurance could impact Markel's market share and profitability.
  • Geopolitical tensions in Asia Pacific may affect Markel's expansion and efficiency.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and event cancellation insurance.
  • The company offers unique coverage for hard-to-place risks, such as oil rigs and yachts.
  • Markel's global presence and key hires enhance its operations in the Asia Pacific region.

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