Full-Time

Underwriting Support Assistant

Updated on 12/20/2024

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Entry, Junior

No H1B Sponsorship

Plano, TX, USA

Requires in-office presence in Plano, TX for 5 days a week during training.

Category
Clerk
Clerical & Data Entry
Requirements
  • Typing 50+ wpm
  • 2 years of MS Office skills
  • Ability to follow procedural guidelines and recognize exceptions to guidelines
  • Successful experience working in a team-oriented, collaborative environment
  • Self-directed and highly productive with light supervision
  • Comfortable with high volume workloads, fast-paced service standards and metric based performance assessment
  • Detail-oriented, results-oriented and accuracy-focused
  • Good verbal and written communication skills
  • Previous experience with OnBase is preferred
  • Proficiency with any underwriting system is preferred
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Perform various clerical functions
  • Good organizational skills, strong attention to detail, and accuracy while handling a high volume of tasks that relate to the clearance, entry, and assignment of submissions
  • Ability to follow specific directions when provided by an Underwriter, USS and/or Document Management Technician regarding submissions and correspondence
  • Ability to determine independently how to properly process documents based upon standardized guidelines
  • Monitor product line submissions in all systems
  • Clear and enter submissions according to standard guidelines
  • Assign and route to correct underwriter
  • Maintain a clear understanding and comprehension of all clearance processes and guidelines

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

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion in Asia Pacific, especially Singapore and Hong Kong, boosts growth potential.
  • Growing demand for niche insurance products like event cancellation and environmental pollution coverage.
  • Digital transformation enhances efficiency and customer satisfaction through AI and machine learning.

What critics are saying

  • Increased competition from tech-savvy new entrants may erode Markel's market share.
  • Climate change-related claims threaten underwriting profitability in agriculture and pollution sectors.
  • Regulatory scrutiny in Asia Pacific could raise compliance costs and operational challenges.

What makes Markel unique

  • Markel specializes in niche markets like agricultural, equine, and event cancellation insurance.
  • The company offers unique coverage for hard-to-place risks, including environmental pollution.
  • Markel's flexible and spontaneous approach fosters innovation and customer satisfaction.

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