Underwriting Specialist/Executive Underwriter: Risk Management Excess

Markel • Chicago, IL

1d

About The Position

This position at Markel involves underwriting new business and renewals in a profitable manner, adhering to authority levels and established guidelines. The role also drives projects impacting the business and is assigned larger, more important, and more complex accounts. Responsibilities include utilizing underwriting tools for accurate classifications, rates, and premium charges, understanding state laws for proper business transactions, and being knowledgeable in coverage forms and policy language. The specialist will assist with resolving premium audit disputes and promote the growth and development of less experienced underwriters, fostering teamwork. Markel is a global community of optimists and problem-solvers, where individuals are encouraged to make a meaningful difference.

Requirements

• 5+ years of complex retail Fortune 750 risk underwriting experience.
• Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
• Demonstrated marketing and relationship building skills.
• Excellent oral and written communication skills.
• Microsoft Office skills to include MS Word and MS Excel.
• Strong analytical and organizational skills.
• Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
• US Work Authorization required.

Nice To Haves

• Four year college degree and/or CPCU or similar designation preferred.

Responsibilities

• Review, analyze, accept, and decline Fortune 750 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 UW Manager and national Risk Management Excess 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 staff.

Benefits

• Competitive benefit programs
• Multiple health insurance plan options
• Multiple dental insurance plan options
• Multiple vision insurance plan options
• Optional life insurance
• Optional disability insurance
• Optional AD&D insurance
• 401(k) with employer match contributions
• Employee Stock Purchase Plan
• PTO
• Corporate holidays
• Floating holidays
• Parental leave

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees