Markel Corp

Executive Underwriter, Ocean Cargo

Markel Corp$116K — $159K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of complex retail & wholesale Inland Marine underwriting experience
  • Demonstrated ability to underwrite, negotiate, and manage complex cargo risks independently
  • Proficiency in analytical, organizational, and time management skills
  • Strong marketing and relationship-building skills
  • Four-year college degree and/or professional designation (CPCU or similar) preferred

Responsibilities

  • Serve as a senior technical underwriter with expertise in Marine Cargo, logistics, and project cargo
  • Underwrite complex new and renewal Marine Cargo accounts per established guidelines
  • Analyze complex loss histories and collaborate with internal partners for pricing decisions
  • Provide technical policy guidance to brokers and junior underwriters
  • Manage a Marine Cargo pipeline that aligns with underwriting appetite
  • Cultivate retail and wholesale broker relationships across the U.S.
  • Represent the company at broker meetings and industry events

Benefits

  • Competitive health, dental, and vision insurance options
  • 401(k) with employer match contributions
  • Employee Stock Purchase Plan
  • Paid Time Off, corporate holidays, and floating holidays
  • Parental leave support
Full Job Description
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 drive projects having an impact on the business. Assigned larger, more important and more complex accounts. 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. Promotes the growth and development of less experienced underwriters and fosters teamwork.

Responsibilities:
  • Serve as a senior technical underwriter with deep expertise in Marine Cargo, including international and domestic transit and stock throughput; experience with logistics and project cargo is strongly valued
  • Demonstrate expert understanding of Marine Cargo policy structures including broker manuscript forms.
  • Underwrite complex new and renewal Marine Cargo accounts in accordance with established underwriting authority, guidelines, and portfolio strategy; quote, negotiate, bind, and manage risks from initial submission through policy issuance.
  • Analyze and interpret complex loss histories, applying experience rating, loss rating, and actuarial concepts where appropriate; collaborate closely with internal actuarial partners to ensure technically sound pricing decisions.
  • Provide technical policy review, coverage, and rating guidance to brokers, internal partners, and junior underwriters.
  • Actively participate in large and complex risk strategy
  • Engage consistently in claims reviews and large loss discussions, partnering with Claims to understand loss drivers, improve risk selection, and refine underwriting strategy.
  • Maintain complete, audit-ready underwriting files, ensuring compliance with documentation, authority, and governance standards.
  • Act as a technical mentor and subject-matter expert for junior underwriters, supporting their underwriting judgment and development
  • Own and actively manage a Marine Cargo pipeline, including:
    • Building a forward-looking flow of submission opportunities aligned with underwriting appetite and capacity
    • Managing broker expectations on timing, appetite, and decision-making
    • Ensuring pipeline activity translates into sustainable, profitable growth
  • Cultivate and strengthen retail and wholesale broker relationships across the U.S., serving as a trusted technical resource and long-term partner.
  • Represent the company externally through thoughtful, innovative marketing strategies, broker meetings, industry events, and client presentations within the Marine Cargo community.
  • Present confidently at senior-level underwriting meetings with brokers, insureds, and internal leadership.
  • Collaborate closely with Regional and Product Leadership, contributing to portfolio management, strategy, and continuous improvement of underwriting standards.


Skills & Experience:
  • 8+ years of complex retail & wholesale Inland Marine underwriting experience
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Demonstrated ability to underwrite, negotiate, and manage complex cargo risks independently.
  • Strong analytical, organizational, and time management skills; able to manage multiple priorities effectively.
  • Demonstrated marketing and relationship building skills.
  • Four year college degree and/or CPCU or similar designation preferred.
  • Excellent oral and written communication skills.
  • Microsoft Office skills to include MS Word and MS Excel.
  • Strong analytical and organizational skills.
  • Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
  • Up to 25% travel


#LI-Hybrid

#LI-SY

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 Executive Underwriter position is $116,080 - $159,610/year with 30% 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.

Explore Markel Corp Jobs and Careers

Your future at Markel Corp starts here. With a commitment to innovation, leadership, and diversity, we are looking for individuals who are ready to make a difference. Join us in shaping the future of the insurance and financial industries.

Stay Ahead

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work at Markel Corp.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Markel Corp.
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

Similar Jobs

More Jobs at Markel Corp

More Finance & Insurance Jobs

Find similar Executive Underwriter, Ocean Cargo jobs: