Markel Corp

Underwriting Specialist

Markel Corp • $97K — $201K *
Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in underwriting ocean marine business
  • Proven technical knowledge with increasing responsibility
  • Ability to thrive in a fast-paced environment
  • Excellent oral and written communication skills
  • Proficient in Microsoft Office, especially Word and Excel
  • Strong analytical, organizational, and time management skills
  • Willingness to travel up to 25% as needed

Responsibilities

  • Review and analyze Ocean Marine risks for profitability
  • Underwrite and select new business to ensure underwriting profit
  • Manage renewal book and implement corrective measures for profitability
  • Communicate with regional managers and product line leaders on accounts
  • Participate in audits and underwriting meetings as required
  • Build and maintain relationships with key producers
  • Cross-sell Markel products and services across divisions
  • Analyze competitor forms and pricing to effectively market Markel's offerings

Benefits

  • Flexible work environment
  • Opportunities for professional development and mentorship
  • Participation in the company's annual incentive plan
  • Collaborative team culture
  • Exposure to diverse and complex accounts
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, and drive projects having an impact on the business. Assigned larger, more important and more complex accounts. 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. Viewed as an expert within a product area and able to mentor less experienced underwriters.

Responsibilities:
  • Review, analyze, accept, and decline Ocean Marine risks to ensure profitability for Markel.
  • Underwrite and select new business that will produce an underwriting profit.
  • Manage the existing renewal book and implement corrective measures, as needed, to meet profitability expectations.
  • Communicate with regional managers and national product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
  • Participate in audits and/or underwriting meetings as required.
  • Build and maintain quality relationships with key producers
  • Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.
  • Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape

Qualifications:

  • Minimum 5+ years of current experience underwriting profitable ocean marine business
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Ability to work in a fast-paced environment
  • Must have excellent oral and written communication skills, and skilled presentation aptitude
  • Microsoft Office skills to include MS Word and MS Excel.
  • Strong analytical, organizational, and time management skills;
  • Flexible to travel up to 25% travel when appropriate
  • Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.

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 $97,950-$201,100/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.

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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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