Markel
Underwriter/Senior Underwriter, Management Liability - Retail
Markel, New York, New York, us, 10261
Underwriter/Senior Underwriter, Management Liability - Retail
Join to apply for the Underwriter/Senior Underwriter, Management Liability - Retail role at Markel.
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 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 Underwriter position is $74k - $102k with a 20% bonus potential, 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.
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.
Are you ready to play your part? Choose “Apply Now” to fill out our short application, so that we can find out more about you.
Hiring cautions Markel is aware of employment scams. All legitimate job postings will be on Markel Careers. All legitimate communications will come from Markel.com email addresses. If you suspect a scam, please report to rarecruiting@markel.com. No agencies please.
We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
No agencies please.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
#J-18808-Ljbffr
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 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 Underwriter position is $74k - $102k with a 20% bonus potential, 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.
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.
Are you ready to play your part? Choose “Apply Now” to fill out our short application, so that we can find out more about you.
Hiring cautions Markel is aware of employment scams. All legitimate job postings will be on Markel Careers. All legitimate communications will come from Markel.com email addresses. If you suspect a scam, please report to rarecruiting@markel.com. No agencies please.
We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
No agencies please.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
#J-18808-Ljbffr