Senior Underwriter/Underwriting Specialist - Wholesale Property

Markel • New York, NY

13d

About The Position

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 position encompasses Property underwriting on a wholesale only basis for the Markel Wholesale & Specialty Northeast Region. 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 a varying TIV size range of accounts with a focus on smaller to middle market size risks. Ability to write both primary and excess coverage. 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.

Requirements

• Minimum 3 years current property underwriting expertise.
• Demonstrated technical knowledge and skills reflective of progression of positions with increasing responsibility.
• Demonstrated marketing and relationship building skills.
• Four-year college degree desired and insurance designations a plus.
• Excellent oral and written communication skills.
• Strong analytical and organizational skills.
• Must be a team player that enjoys a flexible and spontaneous business environment.
• 20% travel in the Northeast Region of the US.
• US Work Authorization required.

Nice To Haves

• Four-year college degree desired and insurance designations a plus.

Responsibilities

• Review, analyze, accept, and decline Property risks to ensure profitability for Markel.
• Underwrite and select new business that will produce an underwriting profit.
• Manage an existing renewal book and implement corrective measures, as needed, to meet profitability expectations.
• Communicate with regional managers and national product line leaders regarding 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

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees