Markel Corp

Underwriter/Sr. Underwriter: Retail Excess Casualty

Markel Corp$74K — $127K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years experience in retail excess casualty underwriting
  • Demonstrated technical knowledge and skills
  • Experience in the retail channel with established relationships
  • Strong marketing and relationship building skills
  • Preferred four-year college degree
  • Excellent communication skills
  • Strong analytical and organizational skills
  • Must thrive in a flexible team environment

Responsibilities

  • Underwrite retail excess casualty business for profitability
  • Review and underwrite renewal business and associated servicing
  • Select and underwrite new business for profit
  • Collaborate with regional managers on accounts and procedures
  • Analyze submissions to identify risk exposure
  • Implement corrective measures on renewal accounts
  • Provide training and support to underwriting staff
  • Monitor producer profitability and production

Benefits

  • Competitive health, dental, and vision insurance options
  • 401(k) plan with employer matching
  • Employee Stock Purchase Plan
  • Paid time off (PTO) and corporate holidays
  • Parental leave options
Full Job Description

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it.

The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.

Join us and play your part in something special!

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.

What you'll be doing:

  • Underwrite retail excess casualty business for the West Region to include reviewing, analyzing, accepting, and declining risks to ensure profitability for Markel;
  • Review terms, conditions and pricing. Underwrite renewal business and handle related servicing;  
  • Underwrite and select new business that will produce an underwriting profit;
  • Communicate with regional managers and product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate;  
  • Review submissions and identify exposure and risk from information provided;
  • Implement corrective measures on renewal accounts as needed;  
  • Provide training or technical assistance to department underwriting staff;
  • Monitor producers for profitability and production.

What we're looking for:

  • 3+ years experience in retail excess casualty underwriting expertise
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility;
  • Experience in the retail channel with a "following" of producers;
  • Demonstrated marketing and relationship building skills;
  • Four year college degree preferred;
  • Excellent oral and written communication skills;
  • Strong analytical and organizational skills;
  • Must be a team player that enjoys a flexible and spontaneous business environment;
  • Up to 25% travel

#LI-AB

#LI-Hybrid

US Work Authorization

US 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, demonstrated competencies, geographic location, and other factors. The base salary range for the Underwriter position is $74k - $102k with a 20% bonus potential and the Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential.

Who we are: 

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. 

 

We’re all about people | We win together | We strive for better 

 

We enjoy the everyday | We think further 

 

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]. 

 

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.  

 

Should you require any accommodation through the application process, please send an e-mail to the [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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