Underwriter - State National

Markel • Bedford, TX

7d

About The Position

What part will you play? 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! Responsible for independently analyzing financial information to forecast business, industry, and economic conditions relating to the insurance industry, for use in making financial decisions regarding risk and profitability of client accounts. Gather and analyze industry, regulatory, and economic information to analyze risk and make appropriate underwriting decisions. Interpret data concerning insurance products and pricing. Summarize data describing current and long-term trends in insurance risk and economic influences pertinent thereto. Recommend modifications to management’s risk portfolio. Creates and communicates underwriting options to our client engagement and business development associates.

Requirements

• Bachelors degree preferred
• 3 or more years of experience in the field or a related area recommended (accounting, finance, data analysis, underwriting)
• Detailed knowledge of specific underwriting criteria and premium computations by using spreadsheets and statistical software to analyze financial data, spot trends, and develop forecasts.
• A certain degree of creativity and latitude is required.
• The ability to independently make accurate underwriting decisions and analyze risk.
• Good communication skills
• Advanced P/C skills in Word, and Excel
• Ability to work autonomously and make decisions efficiently
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Responsibilities

• Prepares forecasts and analyzes trends through CPI (Collateral Protection Insurance) account analysis to provide relevant information to support recommendations for changes in rates for new business pricing and account underwriting
• Provides relevant information to facilitate the implementation of efficient processes, controls and follow-up for profitable improvement of active accounts through recommended rate increases/decreases, commission adjustments and coverage changes
• Analyzes prospective clients’ past history to develop rates for profitable new business.
• Maintains a complete knowledge of CPI rules, rates and forms to ensure compliance in each account
• Serves as a resource to the company regarding CPI rules, rates and forms; provides assistance in the training of business development and client engagement associates to develop their knowledge of products
• Directs the Compliance department on filing changes and priorities; reviews, analyzes, and maintains records of commissions paid to active accounts; reviews and analyzes requests by underwriting from the field for current accounts, and documents in CRM, and makes recommendations.
• Prepares and distributes various management reports.
• Completes special projects as assigned by management.
• Creates option forms, builds quotes, and assists business development in pre-delivery

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