Full-Time
Account Manager
Claims Vendor Management
Confirmed live in the last 24 hours
Markel
1,001-5,000 employees
Specialty insurance and reinsurance provider
Compensation Overview
$52k - $76.2kAnnually
Mid
No H1B Sponsorship
Shrewsbury, NJ, USA + 6 more
More locations: Plano, TX, USA | Richmond, VA, USA | Arizona, USA | Norridge, IL, USA | Henderson, NV, USA | Waukesha, WI, USA
Requires 3 days in the office and 2 days remote.
- Bachelor’s degree or equivalent work experience required
- Claims designations and/or certifications preferred
- 3-5 years of account management, and/or property/casualty commercial insurance account management experience
- Associate level Claims or insurance experience
- Experience assisting with the management of vendor onboarding, stewardship, and performance management
- Proven ability to resolve issues with multiple stakeholders and maintain continuity of effective relationship management
- Comfortable participating in meetings with various stakeholder levels and excellent communication skills
- Detail oriented with strong analytical and problem-solving skills
- Strong organizational and time management skills
- Thinks innovatively about customer service and providing efficient solutions
- Operate with minimal supervision and comfortable working on a virtual team
- Ability to work collaboratively with diverse team members
- Intermediate skill level with Microsoft Excel, Word, PowerPoint and SharePoint
- Flexibility and diligence
- Self-starter with a bias toward action and strong sense of personal accountability for results
- Strong interpersonal, analytical, and problem-solving skill set that includes a collaborative approach
- Strong desire for continuous improvement
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
- Responsible for administering pipeline for potential vendors, negotiating rates, and participating in the onboarding process
- Participates in the stewardship and vendor renewal process to ensure vendor adherence to our guidelines and expectations
- Gather data and run reports necessary to analyze Key Performance Indicators (KPIs), to measure and evaluate vendor performance
- Collaborate with claims stakeholders to understand business needs and participate in the creation of vendor project plans to address
- Assist in the Implementation of a reporting structure to analyze Key Performance Indicators (KPIs), to measure and evaluate vendor performance
- Primary point of contact for claims vendor service needs
- Prepare vendor performance success to be delivered to key partners, senior leaders, and associates
- Manage and maintain vendor database
- Maintain updated information on internal platforms to support departmental objectives
- Assist with departmental and organizational projects
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'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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