Senior Underwriting Support Specialist

Markel • Richmond, VA

1d • Hybrid

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 primary purpose of this position is to serve as an integral member of the underwriting team fulfilling basic underwriting responsibilities. This position will handle day-to- day client servicing including underwriting issues and managing workflow to ensure the client has a superior experience. This role allows production underwriters to focus on broker relationships and business development. Position is responsible for underwriting less complex renewal business and develops into handling less complex new business. Supports attainment of written premium goals, loss ratio, and growth opportunities of team by providing backup to underwriters and superior customer service.

Requirements

• Bachelor’s degree preferred.
• 3 years of insurance industry experience in underwriting support, claims, operations, or a similar role.
• Demonstrated experience handling complex tasks with minimal oversight.
• Experience communicating with agents/brokers and managing time-sensitive underwriting items.
• Excellent oral and written communication and organizational skills
• Ability to multi-task in fast-paced environment.
• Ability to work independently and within a team.
• Ability to follow process and attention to details.
• Willingness to work toward insurance designation (AINS)
• Intermediate level of proficiency in MS Word and Excel.
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Responsibilities

• Manage renewal business under the supervision of an Underwriter and move to writing new business - prepare analysis of exposure and present to Underwriter for signoff.
• Able to gather and review information on financial conditions, risk exposure, loss history, and economic trends that may impact the terms and conditions offered to the client.
• Able to extract internal data and research external information to identify trends impacting product line.
• Able to provide basic forms/coverage interpretations and advise on additional coverage needs, understand and evaluate exposures, and underwrite policy change requests.
• Accountable for accurate underwriting documentation/information in account management system and adherence to documentation standards.
• Ensure accuracy of information inputted into all appropriate systems and verify that all necessary documentation is in the file.
• Establish, support, and maintain effective relationships and/or regular contact with clients and build strong relationships with employees across the organization.

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: 5,001-10,000 employees