Full-Time

Underwriting Assistant

Surety

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Entry, Junior

No H1B Sponsorship

Lake Oswego, OR, USA

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

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Strong written and verbal communication skills
  • Positive attitude
  • Effective organizational skills
  • Commitment to excellent customer service
Responsibilities
  • Provide direct support to Underwriters
  • Issue and invoice bonds
  • Accurately set up and maintain structure of underwriting files in a timely manner – including scanning and naming of documents
  • Prioritize and process incoming business email, mail, overnights, hand deliveries in a timely manner
  • Accurately process outgoing forms and letters as directed by the Underwriters
  • Prepare indemnity agreements and other miscellaneous agreements
  • Maintain suspense calendar other follow up procedures
  • Maintain successful Client relationships with agencies – Provide excellent customer service, resolve issues, develop rapport, assist with use of proprietary systems
  • Follow specific written & verbal procedures
  • Set up new submissions, bond and credit files in the system
  • Close all types of files – billing of additional/return premiums at closeout of bond files
  • Backup for answering phones and reception duties
  • Perform special projects and others tasks as assigned by supervisor

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 adapt. The company's goal is to lead in their industry by understanding customer needs and delivering quality service 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

  • Increased demand for cyber insurance aligns with Markel's investment in Perseus Technologies.
  • Growing interest in ESG factors enhances Markel's environmental pollution coverage offerings.
  • Expansion of the gig economy presents opportunities for Markel to develop niche products.

What critics are saying

  • Increased competition in specialty insurance could erode Markel's market share.
  • Climate change-related claims may lead to higher payouts, impacting profitability.
  • Global economic uncertainty may affect investment returns crucial for Markel's financial health.

What makes Markel unique

  • Markel specializes in hard-to-place risks for niche markets like agriculture and equine.
  • The company offers unique coverage options such as event cancellation and inland marine.
  • Markel's investment in cybersecurity and tax insurance diversifies its specialty offerings.

Help us improve and share your feedback! Did you find this helpful?

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