Markel Corp

Director, Cyber & Tech E&O Product Line Leader

Markel Corp$162K — $223K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of 8+ years experience in underwriting, claims, or brokering within Cyber/Technology Liability or Professional Liability, managerial experience preferred.
  • Bachelor's degree in business or related field, or equivalent experience.
  • Strong customer service and interpersonal skills, with effective communication and negotiation abilities.
  • Excellent analytical, organizational, and problem-solving skills.
  • Good understanding of cyber security protocols, emerging risks, and regulatory frameworks.
  • Ability to work collaboratively in a team or independently as needed.
  • High energy with strong written and verbal presentation skills.

Responsibilities

  • Assist in developing product strategy and portfolio management for Cyber/Technology Liability products.
  • Manage account referrals from Cyber/Technology underwriters.
  • Support underwriters in negotiations regarding program structure and terms.
  • Help with product development, language drafting, and maintenance of endorsements.
  • Conduct account auditing and compliance checks.
  • Collaborate with the Sr. Director to meet financial goals for the product line.
  • Champion underwriting optimization and serve as an industry knowledge expert.

Benefits

  • Competitive health, dental, and vision insurance plans
  • Optional life, disability, and AD&D insurance
  • 401(k) with employer match contributions
  • Employee Stock Purchase Plan
  • Paid time off (PTO), corporate holidays, and floating holidays
  • Parental leave
Full Job Description
The primary purpose of this position is to lead and implement the strategic vision and plan of Markel's Cyber and Tech E&O product lines. Provide leadership, direction and support to underwriting teams. Is responsible for product profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage assigned product lines to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of best practices. Provide coaching and training for underwriting staff. Develop and maintain relationships with internal resources (Actuarial, Product Development, Claim, IT, Operations, Regulatory, etc.) to coordinate services to customers and ensure that superior products are being delivered to our internal and external customers.The primary focus of this role is working with the Sr. Director, Cyber/ Technology E&O, in the underwriting governance and continued development of the Cyber/ Technology E&O product line. Responsibilities: • Assist in the continued product development, strategy and portfolio management of the Cyber/ Technology Liability suite of products • Manage and handle account referrals from the Cyber/ Technology underwriters • Assist underwriters in negotiations with brokers on program structure, premiums, retentions, and terms and conditions • Assist with product development, language and endorsement drafting and maintenance • Responsible for account auditing and compliance • Work with Cyber/ Technology Senior Director to achieve financial goals and metrics for the product line • Champions underwriting optimization • Acts a knowledge expert on industry trends and helps facilitate comprehensive, relevant and effective underwriter training • Work with Claims, Product Regulatory Services and Actuarial as needed • Attendance in marketing visits and or broker meetings or events Qualifications, Education and/or Experience: • A minimum of eight plus years' experience in underwriting, claims and/or brokering in Cyber/ Technology Liability or Professional Liability; recent managerial experience a plus • Four-year degree in business or related field from an accredited University/College, or equivalent related years of work experience • Strong customer service focus and interpersonal skills, the ability to communicate effectively, and excellent negotiation skills; • Strong analytical and organizational skills and excellent problem solving/decision making abilities; • Solid understanding of cyber security protocols, industry specific emerging risks, and regulatory landscape • Must be a team player and work independently as needed • High energy, ability to deliver exceptional written and • Verbal presentations, both internally and externally • 25% travel required • Strong worth ethic and sense of urgency • Ability to work in a Markel office or Hybrid model as required #LI-AB 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, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Director position is $162,800 - $223,850/year with a 55% incentive. 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. Caution: Employment scams Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that: • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings. • All legitimate communications with Markel recruiters will come from Markel.com email addresses. We would also ask that you please report any job employment scams related to Markel to [email protected]. No agencies please.

About Markel Corp

Markel Corp Careers

Join the vibrant team at Markel Corp, a global leader in insurance, reinsurance, and investment operations. At Markel Corp, we believe in fostering an environment of growth and innovation, making it an ideal place for professionals seeking to advance their careers in a dynamic and supportive setting.

Work You'll Do

At Markel Corp, you'll be part of a culture that cherishes diversity and leadership. Our team is committed to providing you with the opportunities to develop your professional skills through targeted training programs and diverse job opportunities. Whether you're looking for a position in management, finance, IT, or customer service, Markel Corp offers a variety of career paths to help you achieve your professional goals.

Innovate and Lead

Embrace the chance to work on groundbreaking projects that redefine the industry standards. Markel Corp is at the forefront of combining technology with insurance solutions, driving innovation and efficiency. Our leadership is deeply involved in developing strategies that leverage our robust networking capabilities to enhance our market presence and service quality.

Join Our Team

Discover a world of opportunities at Markel Corp. We are continuously hiring and looking for talented individuals who are eager to contribute to our mission and vision. Explore job opportunities and internships that will utilize your unique skills and passions. Our team is our greatest asset, and we invest in their growth through comprehensive benefits, professional development, and diversity training.

Develop Your Career

Markel Corp is not just a company; it's a place where you can build a lasting career. Benefit from our development programs that are designed to nurture your leadership potential. From internships to full-time positions, we provide the support and resources to grow your career. Our commitment to professional growth ensures that every team member has the tools to succeed and lead.

Stay Connected

Be part of Markel Corp's professional network. Engage with us through various networking events, stay updated with the latest industry trends, and connect with other professionals. Our collaborative environment supports career advancement and skill enhancement.

Apply Now

Ready to take the next step in your career? Check out the latest job openings at Markel Corp. Tailor your resume to highlight your relevant experience and skills, and prepare for an interview that could launch your career to new heights. We are excited to see how your expertise and ambitions align with our goals at Markel Corp.

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Learn more about Markel Corp
Size
20,300 employees
Market Cap
$17.4 billion
Industry
Net Income
$816 million
Founded
1930
5 Year Trend
+17.9%
Revenue
$9.7 billion
NASDAQ

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