Senior Underwriter: Excess & Umbrella

MarkelAlpharetta, GA
132d

About The Position

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. This is a great opportunity to move to the next level with your Excess & Umbrella Underwriting Career. Review, analyze, accept, and decline wholesale and retail Excess & Umbrella 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 Excess & Umbrella 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 while simultaneously monitoring the entire appointed producer base for profitability and production. Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape. Provide training or technical assistance to department underwriting support staff.

Requirements

  • At least two years of Excess & Umbrella related wholesale underwriting experience in the Southeast Region of the United States.
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Demonstrated marketing and relationship building skills.
  • Four year college degree.
  • Excellent oral and written communication skills.
  • Microsoft Office skills to include MS Word and MS Excel.
  • Strong analytical and organizational skills.
  • Must be a team player that enjoys a flexible and spontaneous business environment.

Responsibilities

  • Underwrite new business and renewals in a profitable manner.
  • Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
  • Understand state laws regarding cancellation and non-renewal.
  • Assist with resolving premium audit disputes within assigned agents/brokers.
  • Review, analyze, accept, and decline wholesale and retail Excess & Umbrella risks.
  • Manage the existing renewal book and implement corrective measures.
  • Communicate with regional managers and national product line leaders.
  • Participate in audits and/or underwriting meetings.
  • Build and maintain quality relationships with key producers.
  • Review forms and pricing of competitors.

Benefits

  • Multiple health, dental and vision insurance plan options.
  • Optional life, disability, and AD&D insurance.
  • 401(k) with employer match contributions.
  • Employee Stock Purchase Plan.
  • PTO, corporate holidays and floating holidays.
  • Parental leave.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

Bachelor's degree

Number of Employees

5,001-10,000 employees

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