Markel Corp

Underwriter / Senior Underwriter

Markel Corp$80K — $110K *
Plano, TX 75025In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of relevant industry experience or technical training
  • Foundational property and business interruption underwriting knowledge
  • Exposure or interest in energy/property risks like petrochemical or manufacturing
  • Proficient in technical risk assessment and underwriting decisions
  • Strong communication with collaborative experience
  • Desire to expand expertise in complex property and energy risks

Responsibilities

  • Underwrite onshore energy risks in the North American market
  • Manage a portfolio of onshore energy and downstream property
  • Develop and maintain strong stakeholder relationships
  • Conduct thorough whole-account assessments for profitability
  • Monitor aggregates and manage catastrophe risks
  • Prioritize customer experience with excellent response times
  • Champion development and mentoring of team members
  • Market onshore energy products domestically and internationally
  • Act as liaison for international team regarding broker and underwriter input
  • Ensure compliance with legal and regulatory standards

Benefits

  • Comprehensive health, dental, and vision insurance options
  • 401(k) plan with employer matching contributions
  • Employee Stock Purchase Plan
  • Generous PTO and corporate holidays, including floating holidays
  • Parental leave support
Full Job Description
The Energy & Power Division writes a broad portfolio of upstream, midstream, downstream, renewable energy and power risks on a global basis. Our current team has 28 employees across four office locations in London, Texas, the UAE and Singapore and our commitment to technical underwriting supports our decision making alongside experienced engineering expertise. Markel's customers are the most valuable stakeholders in the value chain and we work closely with our claims team to deliver the best possible experience. A great emphasis is placed on long term partnerships with both brokers and assureds and we travel extensively to build and maintain distribution networks and client relationships across the Globe. We pride ourselves on a collaborative team mentality and have a strong support structure in place to help all associates achieve their goals. We are an established leader in our selected segments and target leadership across our full offering. We write business on both Syndicate 3000 paper at Lloyd's and through Markel International Insurance Company Limited, and on Evanston Insurance Company paper on a non-admitted/surplus lines basis in the US.

What you'll be doing:
  • Work with the Head of 1st Party Energy in the US and our energy colleagues to underwrite onshore energy risks in the North American market in order to build a long-term profitable business.
  • Working alongside our existing Mid & Downstream product leaders to underwrite and manage a portfolio of onshore energy and associated downstream property. Demonstrate sound underwriting judgement whilst continuously scrutinizing performance against plan and adjust approach as required
  • Develop and maintain strong relationships with key stakeholders internally and with broker counterparts externally
  • Conduct thorough and regular whole-account assessments and make informed underwriting decisions steering the portfolio towards constant profitability.
  • Monitor aggregates, including catastrophe management, within corporate thresholds and maximum capacities whilst technically rating premium data on the company systems.
  • Prioritize customer experience with best-in-class response times to all stakeholders
  • Ensure compliance with company policies, procedures, and regulatory requirements.
  • Champion continuous development of future associates to ensure all team members reach their potential. Help recruit, develop, mentor and provide performance feedback to direct reports.
  • Be active in marketing onshore energy products, including domestic travel and any international as required
  • Act as a conduit to the International team for input from Brokers, Underwriters and external marketing teams to develop compelling growth propositions
  • Ensure all new and existing products comply with both legal and regulatory requirements


What we're looking for:
  • 4+ years of relevant industry experience, including education or technical training
  • Foundational knowledge of property and business interruption underwriting concepts
  • Exposure to or interest in energy and/or property risks (petrochemical, manufacturing, midstream/downstream), or a background in chemical, industrial, manufacturing, or energy environments (academic or professional)
  • Ability to apply technical knowledge to basic risk assessment and underwriting decisions
  • Strong communication skills with experience collaborating across teams
  • Interest in developing expertise in complex property and energy risks across diverse client segments


#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.

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.

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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

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