Full-Time

Sr. Underwriter

Cyber, Tech, E&O

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Senior

No H1B Sponsorship

Alpharetta, GA, USA

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

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • 5 years of Cyber/IT/Misc E&O underwriting experience in the Southeast Region of the USA preferred
  • Demonstrated technical knowledge and skills reflective of progression of positions of growing responsibility
  • Demonstrated marketing and relationship building skills
  • Four year college degree and/or CPCU or similar designation preferred
  • Excellent oral and written communication skills
  • Microsoft Office skills to include MS Word and MS Excel
  • Strong analytical and interpersonal skills
  • Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed
  • Up to 25% travel (when appropriate)
Responsibilities
  • Review, analyze, accept, and decline wholesale and retail Cyber/IT & Misc E&O risks to ensure profitability for Markel
  • Underwrite and select new business that will produce an underwriting profit
  • Manage the existing renewal book and implement corrective measures, as needed, to meet profitability expectations
  • Connect with regional managers and national Cyber/IT & Misc E&O product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate
  • Participate in audits and/or underwriting meetings
  • Build and maintain quality relationships with key producers while simultaneously supervising the entire appointed producer base for profitability and production
  • Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape
  • Provide training or technical assistance to department underwriting support staff

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 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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