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 participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. 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. Able to provide coaching to others.
Responsibilities:
- Review, analyze, accept, and decline Ocean Marine risks to ensure profitability for Markel.
- Underwrite and select new business that will produce an underwriting profit.
- Manage the existing renewal book and implement corrective measures, as needed, to meet profitability expectations.
- Communicate with regional managers and national product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
- Participate in audits and/or underwriting meetings as required.
- Build and maintain quality relationships with key producers
- Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.
- Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape
Qualifications:
- Minimum 3 years of current experience underwriting profitable ocean marine business
- Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
- Ability to work in a fast-paced environment
- Must have excellent oral and written communication skills, and skilled presentation aptitude
- Microsoft Office skills to include MS Word and MS Excel.
- Strong analytical, organizational, and time management skills;
- Flexible to travel up to 25% travel when appropriate
- Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
#LI-Hybrid
#LI-SY
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 $87,100 - $181,400/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.
