Underwriter/Sr. Underwriter - Railroad

Markel•Richmond, VA

1d•Hybrid

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 3 years of current experience underwriting profitable Inland Marine/ Railroad (rolling stock, property) business
Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
Ability to work in a fast-paced environment
Must have excellent oral and written communication skills, and skilled presentation aptitude
Microsoft Office skills to include MS Word and MS Excel.
Strong analytical, organizational, and time management skills
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Nice To Haves

Flexible to travel up to 25% travel when appropriate
Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.

Responsibilities

Review, analyze, accept, and decline Railroad (i.e. Rolling stock, property) 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 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.
Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.
Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape.