Full-Time

Senior Underwriter

Casualty Risk Management

Posted on 4/14/2025

Markel Group

Markel Group

51-200 employees

Three-engine financial holding: insurance, investments, ventures

Compensation Overview

$84k - $114k/yr

+ Bonus

No H1B Sponsorship

Boston, MA, USA + 1 more

More locations: New York, NY, USA

Hybrid

Hybrid position with up to 25% travel.

Category
Finance & Banking (1)
Required Skills
Word/Pages/Docs
Marketing
Excel/Numbers/Sheets
Requirements
  • 5+ years casualty underwriting experience required in the Northeast Region of the USA
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing 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 organizational 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 casualty 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.
  • Communicate with regional managers and national casualty 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 as required.
  • Build and maintain quality relationships with key producers while simultaneously monitoring 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 staff.
Desired Qualifications
  • Four year college degree and/or CPCU or similar designation preferred

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company Size

51-200

Company Stage

Post IPO Equity

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising equine insurance demand in Europe and Asia Pacific boosts Markel International premiums.
  • AMF Bakery Systems gains from industrial baking automation and sustainable equipment trends.
  • Jump AI partnership cuts underwriting costs, improving Q1 2026's 93% combined ratio.

What critics are saying

  • JANA Partners forces Markel Ventures divestiture within 3-6 months, dismantling three-engine model.
  • Chubb undercuts Markel Global Reinsurance premiums by 10-15% in 12-24 months.
  • 2026 US hurricanes spike Markel Specialty combined ratio above 100% in 6-12 months.

What makes Markel Group unique

  • Markel Group deploys three-engine model of specialty insurance, investments, and Markel Ventures since 2005.
  • Covers hard-to-place risks like equine, marine, and museums via Markel Specialty and International.
  • Emulates Berkshire Hathaway by permanently holding diverse Ventures businesses like AMF Bakery Systems.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Employee Stock Purchase Plan

Paid Vacation

Paid Holidays

Parental Leave

Flexible Work Hours

Remote Work Options

Hybrid Work Options

Company News

National Today
Apr 12th, 2026
Luma Capital Buys Stake in Markel Group - Richmond Today

Luma Capital S.A. SPF, an investment firm, purchased a new position in Markel Group Inc. (NYSE:MKL) during the fourth quarter, according to a recent SEC filing. Luma Capital bought 7,032 shares of the insurance provider's stock, valued at approximately $15.1 million, making it the third-largest position in Luma Capital's portfolio.

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