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. 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.
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.
Markel Wholesale & Specialty's Central Region is seeking an Underwriter with a focus on Inland Marine to join our team.
What you'll be doing:
- Reviewing, analyzing, accepting, and declining inland marine risks to ensure profitability for Markel.
- Communicating with underwriting management on individual accounts, current and proposed producers, and to make recommendations concerning operations, systems and procedures when appropriate.
- Underwrite and select new business that will produce an underwriting profit.
- Review submissions and identify exposure and risk from information provided.
- Underwrite renewal business review terms, conditions and pricing and handle related account servicing.
- Monitor producers for profitability and production.
- Monitor results of the overall book of business assigned; and recommend corrective action as necessary.
- Develop and maintain productive relationships within assigned region and product line management.
- Participate in audits and/or underwriting meetings as required.
- Cross-sell opportunities with other Markel divisions through the promotion of Markel's products and services.
- Coordinate with other Markel platforms on common accounts.
- Travel within the Central Region.
What we're looking for:
- Bachelor's degree and industry designations (proven, outstanding experience can be substituted for education);
- Ability to work in a fast paced environment;
- Proven excellent customer service skills;
- Demonstrated knowledge and skills reflective of progression of positions of increasing responsibility;
- Must have excellent oral and written communication skills;
- Superb MS Office and underwriting system skills;
- Strong analytical and organizational skills;
- Must be a team player that enjoys a flexible and spontaneous business environment.
#LI-Hybrid
#DEIB
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$69,700-$145,100/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.
