The primary purpose of this position is to manage the day-to-day work activities of a group of property underwriters and underwriting support staff who are driven by a sense of hard work, and a pursuit of excellence laid out by the Markel Style. This position will work closely with the Northeast Leadership team and Product Line Leadership team to develop and execute on business and marketing strategies within an established geographic territory. Working with leadership and their team, this position will be responsible for balancing the team's workloads and maintaining appropriate staffing levels. This position requires guidance in risk selection and pricing, specifically on small to middle market property risks on both a a primary and excess basis. Underwrite new and renewal business in a profitable manner, according to authority level, and established guidelines which are in compliance with the company's underwriting philosophy. Responsible for addressing career and training needs on an individual basis. Communicate effectively and ensure team has been adequately updated on matters relating to workflow or procedural changes. Oversee the overall quality of the unit's performance and measures the underwriting team expertise through periodic audits. Reviews unusual risks. Based on complexity, determines what additional research is required. With attention to detail, prepares appraisal of risk within their delegated authority and approves risks that exceed their teams authority that remain within their delegated authority. Consults and collaborates with Regional Product Lead or PLL on course of action.
What you'll be doing:
37Achieves customer satisfaction and service standards for all wholesale brokers assigned to team and/or self.
37Establishes a culture of professionalism and team cohesion that everyone can be proud of.
37Ensures team meets or exceeds set production/premium goals and departmental guidelines.
37Identifies strengths and weaknesses in current procedures and recommends changes as needed.
37Provides training and coaching on marketing skills and broker management.
37Provides career planning and performance feedback to ensure proper staff development by coaching, motivating, and building bench strength; reviews and evaluates personnel performance.
37Adheres to the rules, rates, forms, authority, and underwriting guidelines as delegated by the Product Line Leadership group.
37Builds and maintains strong working relationships across workgroups with flexibility to change direction quickly based on business needs.
37Maintains an understanding of assigned products, services, and solutions; initiates discussions with other workgroups as appropriate.
37Drives change and innovation through continually seeking and implementing transformational solutions for customers and associates.
What we're looking for:
37Bachelor's degree preferred;
375-8 years of Wholesale Property Underwriting experience with a significant amount in the Small to Middle Market.
37Demonstrated aptitude to manage people and projects with a minimum of 2+ years managing underwriters;
37Proven ability to make sound underwriting decisions;
37Strong organizational skills with the ability to handle multiple tasks simultaneously;
37Ability to achieve business goals and objectives;
37Demonstrated sales, marketing and relationship management skill
37CPCU designation preferred.
#LI-AB
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, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Underwriting Manager position is $116,080 - $159,610 with 30% 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.
37We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.
37All 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.
37We 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:
37All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
37All 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.
