The primary purpose of this position is to lead and implement the strategic vision and plan of the Binding P&C portfolio within Markel Wholesale & Specialty. This role will provide leadership, direction and support to underwriting team(s) and/or direct reports. It is responsible for product profitability, growth and retention of new and renewal business that is consistent with underwriting strategies.
Additionally, this role will work with Senior and Executive Management, and be accountable for reviewing and evaluating referrals for pricing, coverages, and loss detail in order to underwrite profitable business in a portfolio. The role will involve developing and maintaining productive relationships within assigned UW segments; product line management; Senior/Executive Management; Business Development and shared service functions.
What you’ll be doing:
Support the product line leaders in the analysis of coverage and contract language based on industry accepted policy forms
Support product line leadership as a knowledge expert within thebindingspace on industry trends related tobindingproducts, assists the product line leaders as they make recommendations on product design, price and development efforts, and aidsbindingstrategy execution
Manage the portfolio to achieve profit, revenue, loss ratio, and expense targets.
Ensure effective execution of best practices
Provide coaching and training for underwriting staff based on results of underwriting audit review
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
Property and/or Excess underwriting experience preferred
Manage and triage program business withinBindingproduct line
Participate in quarterly portfolio audits as required
Closely collaborate with our four regional underwriting teams to communicate and execute product line strategy
Represent thebindingproduct line, where required, to both internal and external customers
Travel Expectation 25-35%
What we’re looking for:
5-7 years of casualty underwriting experience
Insurance designations preferred but not required
Bachelor's degree in business or related field from an accredited university/college
Strong interpersonal and management skills, the ability to communicate effectively, and excellent negotiation skills
Strong analytical skills and excellent problem solving/decision making abilities
#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, Underwriting, is $162,800 - $223,800 with a 55% incentive target, Sr. Director, Underwriting is $188,800 - $259,000 with a 55% incentive target.
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.
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.
