Full-Time

Underwriter/ Senior Underwriter

Inland Marine

Confirmed live in the last 24 hours

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Mid, Senior

No H1B Sponsorship

Plano, TX, USA

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

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Minimum 3-5 years of current experience underwriting profitable inland marine or related business (position title will depend upon experience)
  • Bachelor’s degree and industry designations (proven, outstanding experience can be substituted for education)
  • Proven outstanding reputation with wholesale distribution
  • Knowledge of pricing accounts using loss rating and actuarial modeling tools/techniques
  • Ability to work in a fast paced environment
  • Proven excellent customer service skills
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
  • Must have excellent oral and written communication skills
  • Superb MS Office and underwriting system skills
  • Strong analytical and organizational skills
  • Must be a team player that enjoys a flexible and spontaneous business environment
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Reviewing, analyzing, accepting, and declining inland marine risks to ensure profitability for Markel
  • Communicating with underwriting management on individual accounts, current and proposed producers, and to make recommendations concerning operations, systems and procedures when appropriate
  • Underwrite and select new business that will produce an underwriting profit
  • Review submissions and identify exposure and risk from information provided
  • Underwrite renewal business review terms, conditions and pricing and handle related account servicing
  • Monitor producers for profitability and production
  • Monitor results of the overall book of business assigned; and recommend corrective action as necessary
  • Develop and maintain productive relationships within assigned region and product line management
  • Participate in audits and/or underwriting meetings as required
  • Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services
  • Coordinate with other Markel platforms on common accounts
  • Travel within the Mid South region

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.

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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