Full Job Description
The primary purpose of this position is to lead and implement the strategic development and execution of organizational goals and objectives. Provide leadership, direction and support to underwriting team(s) and/or direct reports. Is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage underwriting functions to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of best practices. In conjunction with 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. Work with Operations to ensure all processing and service standards are met. Communicate, identified agency production, training or quality issues to Marketing. Develop and maintain relationships with internal resources (Actuarial, Product Development, Claim, IT, etc.) to coordinate services to customers.
The primary purpose of this position is to lead the strategic development and execution of organizational goals and objectives for Markel's Inland Marine underwriting portfolio. This includes Transportation & Logistics, Contractor's Equipment, Builder's Risk, Other Inland Marine Classes of business and related property, all within Markel's Inland Marine practice. The Director is responsible for underwriting results, profitability, growth and retention across new and renewal business. The role also provides leadership and direction to the underwriting team.
Responisibilities:
- Lead and implement underwriting strategy for Inland Marine, consistent with Inland Marine and Property product line strategies.
- Manage underwriting functions to achieve profit, revenue, loss ratio and expense targets.
- With PLL leadership, delegate underwriting authority to staff through letters of authority, and monitor and revise it as appropriate.
- Ensure underwriting work is high quality and consistent with authority levels, guidelines and standards.
- Coach and train underwriters based on underwriting audit results. Address individual career and development needs.
- Underwrite and provide referral guidance on complex, high-hazard and large-account Inland Marine, including risk selection and pricing.
- Build and maintain relationships with key retail and wholesale producers, and industry partners.
- Balance team workloads and maintain appropriate staffing levels, including recruiting and hiring.
- Partner with Operations to ensure processing and service standards are met.
- Work with internal partners (Actuarial, Product Development, Claims, IT and Marketing) to deliver solutions to customers. This includes flagging producer, training or quality issues to Marketing.
- Identify cross-sell opportunities with other Markel divisions.
- Monitor competitor forms, pricing and market trends, and position Markel's Inland Marine product accordingly.
- Contribute to special projects, product development and new business initiatives.
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:
The salary range for this position is $152,600-$318,000/year. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.
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 rarecruiting@markel.com.
No agencies please.