Markel Corp

Director/Senior Director, Professional Liability (Cyber, Misc. E&O)

Markel Corp$188K — $259K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree preferred;
  • 10+ years of cyber/tech, E&O underwriting or brokering experience required;
  • 3+ years of direct management experience;
  • Strong organizational skills with the ability to handle multiple tasks;
  • Demonstrated sales, marketing, and relationship management aptitude.

Responsibilities

  • Lead and implement strategic organizational goals and objectives;
  • Manage territorial underwriting functions to achieve profit and loss targets;
  • Recruit, train, and mentor underwriting talent;
  • Develop strong working relationships across workgroups;
  • Evaluate and improve workflows and ensure compliance with practices;
  • Execute distribution strategy provided by Product Line Leadership;
  • Drive innovation and transformational solutions for customers.

Benefits

  • Hybrid work environment;
  • Opportunities for professional development;
  • Performance-based bonus potential;
  • Supportive work culture focused on collaboration;
  • Engagement with internal resources for better service delivery.
Full Job Description
The primary purpose of this position is to lead and implement the strategic development and execution of organizational goals and objectives. Exhibit extensive knowledge of the insurance industry and business operations across all product lines with proven success with new product and new business development. Provide leadership, direction and support to underwriting teams working on cyber, misc. E&O, and/or direct reports. Is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage territorial underwriting functions to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of Best Practices. In conjunction with the Regional Product Lead and PLL Leadership delegate underwriting authority to staff via letters of authority; monitor and revise as appropriate. Ensure a quality underwriting work product is produced consistent with letters of authority, underwriting strategy, standards and process. Provide coaching and training for underwriting staff based on results of underwriting audit review. Works to ensure that all processing and service standards are met. Communicate identified agency production, training or quality issues to Marketing. Develop and maintain relationships with internal resources (PLL, Claim, Premium Audit etc.) to coordinate the services to customers. Demonstrates the ability to build partnerships with other business groups and identifies and delivers agency and product solutions. Maintains an understanding of all Markel products, services and solutions and initiates discussions with other business units as appropriate. What you'll be doing: • Adhere to the rules, rates, forms, authority and underwriting guidelines as delegated by Product Line Leadership group • Execute distribution strategy as provided by Product Line Leadership group • Responsible for goals and metrics for region and assigned product line group • Support marketing of product • Recruit, train, develop and mentor underwriting talent, including building a staff capable of effectively carrying out assignments and specific goals and recommends effective personal actions when needed • Build and maintain strong working relationships across workgroups with flexibility to change direction quickly based on business needs • Responsible for evaluating procedures and practices and implementing changes to improve workflows; ensures all business transactions and practices within span of control comply with all legal regulations and are in compliance with all underwriting policies and procedure • Maintain an understanding of assigned product(s), services and solutions and initiates discussions with other workgroups as appropriate • Drive change and innovation through continually seeking and implementing transformational solutions for customers and our associate What we're looking for: • Bachelor’s degree preferred; • 10+ years of cyber/tech, e&o underwriting or brokering experience required; • Demonstrated aptitude to manage people and projects; • 3+ years of direct management experience • Proven ability to make sound underwriting decisions; • Strong organizational skills with the ability to handle multiple tasks simultaneously; • Ability to achieve business goals and objectives; • Demonstrated sales, marketing and relationship management • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. #LI-Hybrid #LI-AB 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 Director, Underwriting position is $162,800-$223,850 with a 55% bonus potential and the base salary range for the Sr. Director, Underwriting position is $188,880 - $259,710 /year with a 55% bonus potential.

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.

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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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