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. 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.
What you'll be doing:- Communicate with Northeast underwriting management and national environmental and energy product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
- Underwrite and select new business that will produce an underwriting profit.
- Assist with resolving premium audit disputes within assigned agents/brokers.
- Review submissions and identify exposure and risk from information provided.
- Review terms, conditions and pricing.
- Underwrite renewal business and handle related servicing.
- Implement corrective measures on renewal accounts as needed.
- Monitor producers for profitability and production.
- Market products to producers by coordinating marketing plan with regional and national marketing associates.
- Participate in audits and/or underwriting meetings as required.
What we're looking for:- Demonstrated technical underwriting knowledge and skills reflective of progression of increasing responsibility;
- Must have excellent oral and written communication skills, and skilled presentation aptitude;
- Technologically savvy; proficient in Word, Outlook, & Excel;
- Strong analytical, organizational, and time management skills;
- Must be a team player that enjoys a flexible and spontaneous business environment;
- Able to provide coaching to others.
- 1+ years of current underwriting experience in commercial insurance required;
- Casualty experience preferred
- Flexible to travel approximately 25% when appropriate.
- Insurance certifications preferred
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 Underwriter position is $74,320 - $102,190 with 20% 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.
