The primary purpose of this position is to underwrite energy-specific 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 accounts with a focus on the Energy industry. Use 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. Viewed as an expert within a product area and able to mentor less experienced underwriters.
Responsibilities- Review, analyze, accept, and decline Energy Casualty 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 UW Manager and National Energy Casualty 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 while simultaneously monitoring the entire appointed producer base for profitability and production.
- Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape
- Provide training or technical assistance to department underwriting staff.
Skills & Experience- 3+ years of Energy Casualty underwriting experience
- Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
- 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 (when appropriate)
#LI-AB
US Work AuthorizationUS 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 Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential.The national average salary range for the Underwriting Specialist position is $104,480k - $143,660k with a 25% bonus potential.
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