Full-Time

Underwriting Support Specialist

Brokerage Property

Posted on 3/3/2025

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

No salary listed

Entry, Junior

No H1B Sponsorship

Plano, TX, USA

Category
Customer Support
Customer Success & Support
Required Skills
Data Analysis
Requirements
  • US Work Authorization required.
Responsibilities
  • Serve as point of contact for agents/brokers by gathering information on behalf of the underwriters, answering questions, resolving low complexity issues, facilitating overall serving of accounts and processing business transactions not requiring review/signoff by an underwriter.
  • Take necessary measures to obtain information needed to finalize inquiries/transactions and maintain a suspense and follow-up system for outstanding underwriting items.
  • Ensure accuracy of information inputted into all appropriate systems and verify that all necessary documentation is in the file.
  • Routinely communicate with team members, agents/brokers and other key business partners to research and gather necessary information to review, analyze and complete transactions.
  • Utilize and adhere to internal guidelines, procedures and service standards to ensure that all assigned work/transactions are processed in a timely manner (yet accurately) and meet compliance standards.
  • Participate in problem solving activities to define problems, identify root causes, design and test solutions, implement solutions, and utilizes continuous improvement methodologies to improve processes & procedures in an effort to work more efficiently & effectively and permanently eliminate problems.
  • Under Underwriter direction, attached appropriate forms and makes policy changes as requested.
  • Establish, support, and maintain effective relationships and/or regular contact with clients and build strong relationships with employees across the organization.
  • Participate in special projects and other duties as assigned to assure efficient operation of the team, customer needs are met, and business results are achieved.

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 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 innovate and find better solutions. The company's goal is to lead in their industry by understanding customer needs and delivering 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 offers Markel expansion opportunities.
  • AI and machine learning can improve Markel's underwriting and claims efficiency.
  • The gig economy creates demand for new insurance products Markel can offer.

What critics are saying

  • Increased competition in specialty insurance threatens Markel's market share.
  • Integrating Guidewire Cloud may cause operational disruptions if not managed well.
  • Tony Markel's retirement could lead to strategic instability during transition.

What makes Markel unique

  • Markel specializes in hard-to-place risks for niche markets like equine and marine.
  • Markel's flexible approach encourages innovation and personal potential in employees.
  • Markel's global presence and Fortune 500 status enhance its market credibility.

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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

Procurement Magazine
Mar 17th, 2025
Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance

Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance.

Procurement Magazine
Mar 17th, 2025
Tony Markel to retire as Vice Chairman of Markel Group in May 2025 and Jon Michael joins Board of Directors

Tony Markel to retire as Vice Chairman of Markel Group in May 2025 and Jon Michael joins Board of Directors.

MarketBeat
Mar 14th, 2025
Proficio Capital Partners LLC Invests $169.85 Million in Markel Group Inc. (NYSE:MKL)

Proficio Capital Partners LLC invests $169.85 Million in Markel Group Inc. (NYSE:MKL).

MarketBeat
Mar 12th, 2025
Generali Investments CEE investicni spolecnost a.s. Makes New Investment in Markel Group Inc. (NYSE:MKL)

Generali Investments CEE investicni spolecnost a.s. Makes new Investment in Markel Group Inc. (NYSE:MKL).

Reinsurance News
Mar 7th, 2025
Markel Specialty strengthens SE Excess Casualty leadership team

Markel, the insurance division of Markel Group Inc., has announced the promotion of Nan Fine to Managing Director, Casualty, Southeast Region at Markel Specialty, and the appointment of Hillary Warren as Manager, Commercial Wholesale Excess Casualty, Southeast Region.

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