Sr. Underwriter, Cyber/Tech/E&O

Markel Corporation • Scottsdale, AZ

32d

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 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. Communicate with underwriting management and product line leader on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate. Underwrite and select new business that will produce an underwriting profit. Review submissions and identify exposure and risk from information provided. Review terms, conditions and pricing. Underwrite renewal business and handle related servicing. Implement corrective measures on renewal accounts as needed. Participate in audits and/or underwriting meetings as required.

Requirements

• Minimum 2-3 years of underwriting expertise in E&O & cyber
• Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
• Four year college degree and/or working on RPLU or similar designation preferred.
• Must have excellent oral and written communication skills.
• PC literate with emphasis on Word, Excel and PowerPoint
• Strong analytical and organizational skills
• Must be a team player that enjoys a flexible and spontaneous business environment
• Up to 25% travel when appropriate
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Nice To Haves

• Experience with retail & wholesale brokers desired
• Four year college degree and/or working on RPLU or similar designation preferred.

Responsibilities

• 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.
• Communicate with underwriting management and product line leader on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
• Underwrite and select new business that will produce an underwriting profit.
• Review submissions and identify exposure and risk from information provided.
• Review terms, conditions and pricing.
• Underwrite renewal business and handle related servicing.
• Implement corrective measures on renewal accounts as needed.
• Participate in audits and/or underwriting meetings as required.

Benefits

• 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
• Industry: Insurance Carriers and Related Activities
• Number of Employees: 1,001-5,000 employees