Full-Time

Director / Sr. Director

Life Sciences, Product Line Leader

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Compensation Overview

$175k - $225kAnnually

+ Bonus Potential

Senior

No H1B Sponsorship

San Francisco, CA, USA + 6 more

More locations: Canoga Park, Los Angeles, CA, USA | Plano, TX, USA | Richmond, VA, USA | Chicago, IL, USA | Alpharetta, GA, USA | New York, NY, USA

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

Category
Lab & Research
Life Sciences
Required Skills
Product Management
Requirements
  • Minimum of 8 years of underwriting expertise with at least 5 years of underwriting experience within Life Sciences
  • Undergraduate degree preferred
  • Graduate degree and/or industry designations would be a definite plus
  • Superior verbal and written communication skills
  • Collaborative style
  • High energy, pro-active self-starter; someone with a strong sense of urgency
  • Demonstrated ability in setting and meeting objectives and getting leadership, peers and underwriters to 'buy in' through superior influencing skills
  • Flexible and spontaneous qualities are key elements to the success of this position
  • Interpersonal skills necessary to achieve desired goals and to interact effectively as well as a high level of confidence, integrity, energy and enthusiasm, executive presence and a personality that fits the 'Markel Style'
  • Ability to travel 25%
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Proactively identify new market opportunities and product offerings as well as support cross-sell opportunities by identifying client needs
  • Maintain product Line specific technical pricing standards and underwriting authority within the Life Sciences product line
  • Set underwriting standards and strategy for the Life Sciences product
  • Manage the Life Sciences product through continuous Portfolio Management; Provide clear underwriting direction to regional underwriting teams and ensure effective execution in line with product goals
  • Prepare, coordinate and execute product line specific training for underwriters and support staff
  • Provide reviews of accounts beyond assigned authority levels
  • Transmit concerns/feedback to Senior Leadership regarding product, underwriting and claims concerns based on interactions with management, underwriters and producers
  • Work with Retail and Wholesale Business Development teams to target producers as well as manage client relationships
  • Assist with the development of new business opportunities.

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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