Underwriter - Inland Marine
About The Position
Markel Wholesale & Specialty’s Central Region is seeking an Underwriter focused on Inland Marine. The role underwrites new business and renewals profitably, in accordance with assigned authority and established guidelines, and may participate in special projects affecting the business. The underwriter uses underwriting tools to determine classifications, rates, and premiums; applies knowledge of state laws, coverage forms, and policy language; and assists with premium audit disputes. This position is assigned larger and more important agents and brokers and may provide coaching to others. The underwriter reviews and selects inland marine risks, manages assigned business and producer relationships, monitors profitability and production, and coordinates with other Markel teams and divisions. Travel within the Central Region is required. The position is hybrid, as indicated by the job posting’s #LI-Hybrid tag.
Requirements
- Bachelor’s degree and industry designations, unless proven outstanding experience is substituted for education.
- Ability to work in a fast-paced environment.
- Proven excellent customer service skills.
- Demonstrated knowledge and skills reflecting progression through positions of increasing responsibility.
- Excellent oral and written communication skills.
- Superb Microsoft Office and underwriting system skills.
- Strong analytical and organizational skills.
- Ability to work as a team player in a flexible and spontaneous business environment.
- US work authorization is required; Markel does not provide visa sponsorship now or in the future.
Responsibilities
- Review, analyze, accept, or decline inland marine risks to support Markel’s profitability.
- Underwrite and select new business expected to produce an underwriting profit.
- Review submissions and identify exposures and risks from the information provided.
- Review renewal terms, conditions, and pricing, and handle related account servicing.
- Use underwriting tools to determine accurate classifications, rates, and premium charges.
- Underwrite new business and renewals according to authority level and established guidelines.
- Apply knowledge of state laws, including cancellation and non-renewal requirements, within the assigned territory.
- Apply knowledge of coverage forms and policy language, including appropriate use of forms and exclusions.
- Assist with resolving premium audit disputes involving assigned agents and brokers.
- Communicate with underwriting management about individual accounts and current or proposed producers, and make recommendations about operations, systems, and procedures when appropriate.
- Monitor producers for profitability and production.
- Monitor results of the assigned book of business and recommend corrective action as necessary.
- Develop and maintain productive relationships within the assigned region and product line management.
- Participate in audits and underwriting meetings as required.
- Identify cross-selling opportunities with other Markel divisions by promoting Markel products and services.
- Coordinate with other Markel platforms on common accounts.
- Travel within the Central Region.
- Participate in special projects that affect the business.
- Provide coaching to others.
Benefits
- Multiple health insurance plan options
- Multiple dental insurance plan options
- Multiple vision insurance plan options
- Optional life insurance
- Disability insurance
- AD&D insurance
- 401(k) with employer match contributions
- Employee Stock Purchase Plan
- PTO
- Corporate holidays and floating holidays
- Parental leave
- Potential eligibility to participate in the Company’s annual incentive plan
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
