Full-Time

Senior Underwriter

Surety

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

No salary listed

Senior

No H1B Sponsorship

Lake Oswego, OR, USA

In Person

Category
Insurance
Finance & Banking
Required Skills
Marketing
Requirements
  • Bachelor’s degree preferred
  • 3 - 5 years in an underwriting capacity
  • Solid understanding of contract and subdivision bond underwriting
  • Ability to write and articulate in a concise and clear manner to convey complex information
  • Underwrites for profitable premium growth
  • Ability to make quick sound decisions and negotiate terms and conditions consistent with underwriting authority limits, standards and within submission timeframes
  • Self-sufficient with demonstrated ability to overcome obstacles
  • Takes ownership and responsibility for decisions and outcomes
  • Provides guidance and coaching to others
Responsibilities
  • Independently underwrite contract bonds adhering to Markel Surety’s underwriting philosophy
  • Conduct all forms of marketing to strategically build a profitable book in a designated territory
  • Assigned larger and more important agents/brokers
  • Consistently achieves budgeted financial results through superior service, account retention and responsiveness to new business submissions
  • Considers different approaches towards risks based upon class of business
  • Participates on projects having an impact on the business
  • Identifies and captures new business opportunities
  • Able to create tactical sales plans; track results and execute necessary corrective action
  • Open to regular visits to agents

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 for weddings and concerts, inland marine coverage for fine art, environmental pollution, and insurance for yachts, ATVs, 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 seek better solutions and maintain a flexible approach. 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 Size

1,001-5,000

Company Stage

IPO

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for cyber insurance boosts potential for Markel's InsurtechRisk+ product.
  • AI-driven risk assessment tools can enhance Markel's underwriting accuracy and efficiency.
  • Expansion of the gig economy increases demand for Markel's specialized insurance products.

What critics are saying

  • Increased competition in insurtech could pressure Markel's market share.
  • AI-driven cyber threats may lead to higher claims and impact profitability.
  • Regulatory changes in Asia-Pacific may introduce compliance challenges and costs.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and event cancellation insurance.
  • The InsurtechRisk+ product offers comprehensive coverage for insurtech businesses globally.
  • Markel's collaboration with Insurate advances AI-driven safety scoring in workers' compensation.

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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

Company News

Insurance Asia News
Jul 3rd, 2025
Markel appoints Joanna Quigan as senior underwriter for professional and financial risks

Markel appoints Joanna Quigan as senior underwriter for professional and financial risks.

FF News
Jun 11th, 2025
Markel Launches Insurtechrisk+ Product For Insurtech Businesses

Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the launch of its InsurtechRisk+ product for insurtech businesses.The InsurtechRisk+ package contains four insuring clauses – insurance services and technology liability, directors and officers (D&O) liability, crime, and cyber liability and loss cover, which offer protection for UK, Europe, Australia, Asia and Canada domiciled businesses with limits up to GBP £10 million.Akin to the organisation’s existing FintechRisk+ product, insureds taking out InsurtechRisk+ will have access to various value-add services, including: 24/7 business, legal and employment advice; R&D tax advisory; debt recovery support; grant and funding assistance; contract reviews and a cyber risk toolkit, which are free to use anytime during the policy.The four insuring clauses, combined with these value-add risk management services, will help insurtech businesses navigate the complex landscape of cyber threats, crime and financial liabilities. Markel’s offering avoids the risk of having gaps in cover through having different policies with multiple insurers, providing a cost-effective, ‘one-stop-shop’ solution for clients so that they can concentrate on growing their businesses.Nick Rugg, Head of Fintech and Investment Management Insurance at Markel, commented: “The cyber risk landscape has evolved since we launched our first Insurtech policy, with the emergence of more advanced attacks from threat actors utilising AI tools/technology to infiltrate company networks, impersonate senior personnel and steal confidential data and funds.”He expands: “Our newly created InsurtechRisk+ policy provides superior cover, reflecting the many cyber exposures that insurtech companies face today and our continued dedication to providing bespoke risk management and transfer solutions for our insurtech/fintech insureds, backed by an award-winning claims team.“Another key goal in launching InsurtechRisk+ is to offer best-in-class cover alongside risk management solutions that go beyond typical post-loss assistance for policyholders. We want to disrupt traditional insurance products as well as how customers view the role of the insurer as only helping clients after an incident has taken place.”Rugg concludes: “I’m looking forward to rolling out this cover for our insurtech businesses, together with the value-add services that have been tailored with their needs in mind.”

InsNerds
Jun 11th, 2025
Markel launches InsurtechRisk+ product for insurtech businesses

Markel launches InsurtechRisk+ product for insurtech businesses.

Arch Insurance
Jun 10th, 2025
Arch Insurance International Appoints Higgins as Head of Ports & Terminals

With over 15 years' experience in the sector, Higgins joins Arch from Markel International, where she was most recently Head of Transport & Logistics.

Life Insurance International
Jun 9th, 2025
Markel Insurance hires ex-Aon executive as new Asia-Pacific MD

Recently, Markel named Lee Mooney as UK regional business leader, following Neil Galjaard's decision to step down from his managing director role.