Sr. Underwriter/Underwriting Specialist - Cyber & Professional Liability
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, and participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. 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. Able to provide coaching to others.
Requirements
- Minimum 5 years current complex underwriting expertise preferred
- Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
- Proven experience in the wholesale and retail channels
- Demonstrated marketing and relationship building skills
- Excellent oral and written communication skills
- Strong analytical and organizational skills
- Must be a team player that enjoys a flexible and spontaneous business environment
- Ability to travel up to 25%
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Nice To Haves
- Four-year college degree and/or CPCU or similar designation preferred
Responsibilities
- Review, analyze, accept, and decline wholesale and retail Cyber/IT & Misc E&O 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 Cyber/IT & Misc E&O 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.
Benefits
- competitive benefit programs
- 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
Senior
