Full-Time

Markel Underwriting Trainee Program

Updated on 11/26/2024

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Compensation Overview

$30 - $38Hourly

+ 10% Bonus Potential

Entry

No H1B Sponsorship

Tampa, FL, USA + 1 more

More locations: Alpharetta, GA, USA

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

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
Requirements
  • College graduate as of June 2025
  • Strong academic performance (3.00 GPA minimum), excellent presentation and leadership skills
  • Strong communication, presentation and interpersonal skills
  • Ability to analyze and reason through complex problems and make sound recommendations in a fast-paced environment
  • High energy self-starter, good decision maker with an entrepreneurial spirit
  • Solid time management skills
  • Computer savvy- experience with MS office suite
  • Competitive nature and strong desire to win
  • Candidates who have extraordinary potential and share our passion to live The Markel Style
  • Available to start work in June 2025
  • Proof of eligibility to work in the USA without sponsorship now or in the future
Responsibilities
  • Develop skills to review, analyze, accept and decline risks to ensure profitability for Markel
  • Communicate with underwriting management, product line leaders, colleagues, data analysts, and current and proposed producers
  • Become familiar with and execute upon underwriting guidelines, policies and procedures
  • Be exposed to data analytics and digital technologies that focus on the future of underwriting in the insurance industry
  • Upon satisfactory completion of training the underwriter trainee will be eligible for an underwriting position

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their insurance 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 recreational vehicles like 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 a commitment to understanding customer needs, which allows them to deliver quality service and innovative solutions. The company's goal is to lead in their industry by continuously improving their offerings and fostering an environment where employees can thrive and contribute to the company's success.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Recent investments from firms like Lighthouse Investment Partners and Swedbank AB indicate strong market confidence in Markel's growth potential.
  • Expansion into new office space in Plano, Texas, reflects Markel's ongoing growth and commitment to increasing its operational capacity.
  • Key hires and promotions, such as the appointment of a new Chief Strategy Officer, signal a robust leadership team focused on strategic growth.

What critics are saying

  • The specialized nature of Markel's insurance offerings may limit its market size compared to more diversified insurers.
  • Expansion efforts, such as those in Asia Pacific, require careful management to avoid overextension and ensure sustainable growth.

What makes Markel unique

  • Markel's focus on niche markets like agricultural risks, event cancellation, and inland marine coverage sets it apart from traditional insurers.
  • The company's commitment to innovation and flexibility allows it to adapt quickly to market changes, unlike more rigid competitors.
  • Markel's global presence and strategic hires in Asia Pacific enhance its ability to serve diverse markets with specialized insurance solutions.

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