Markel
Senior Underwriter, Management Liability - Retail
Markel, New York, New York, United States, 10001
Sr. Underwriter
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special. The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines, and participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Able to provide coaching to others. Responsibilities: Underwrite complex retail management business for the Northeast Region to include reviewing, analyzing, accepting, and declining risks to ensure profitability for Markel. Communicate with regional managers and product line leaders on individual accounts, current and proposed producers, and 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. Review terms, conditions and pricing. Underwrite renewal business and handle related servicing. Implement corrective measures on renewal accounts as needed. Provide training or technical assistance to department underwriting staff. Monitor producers for profitability and production. Qualifications: Minimum 3 years current complex retail management liability underwriting expertise in the Northeast Region of the US; Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility; Experience in the retail channel with a "following" of producers; Demonstrated marketing and relationship building skills; Four year college degree required; Excellent oral and written communication skills; Strong analytical and organizational skills; Must be a team player that enjoys a flexible and spontaneous business environment; Up to 25% travel in the Northeast US; Ability to work in the NYC or Red Bank office. US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competencies, geographic location, and other factors. The base salary range for the Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential. Who we are: Markel Group (NYSE
MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better | We enjoy the everyday | We think further What's in it for you: In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life. All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special. The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines, and participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Able to provide coaching to others. Responsibilities: Underwrite complex retail management business for the Northeast Region to include reviewing, analyzing, accepting, and declining risks to ensure profitability for Markel. Communicate with regional managers and product line leaders on individual accounts, current and proposed producers, and 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. Review terms, conditions and pricing. Underwrite renewal business and handle related servicing. Implement corrective measures on renewal accounts as needed. Provide training or technical assistance to department underwriting staff. Monitor producers for profitability and production. Qualifications: Minimum 3 years current complex retail management liability underwriting expertise in the Northeast Region of the US; Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility; Experience in the retail channel with a "following" of producers; Demonstrated marketing and relationship building skills; Four year college degree required; Excellent oral and written communication skills; Strong analytical and organizational skills; Must be a team player that enjoys a flexible and spontaneous business environment; Up to 25% travel in the Northeast US; Ability to work in the NYC or Red Bank office. US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competencies, geographic location, and other factors. The base salary range for the Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential. Who we are: Markel Group (NYSE
MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better | We enjoy the everyday | We think further What's in it for you: In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life. All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.