Underwriting Specialist
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 drive projects having an impact on the business. Assigned larger, more important and more complex accounts. 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. Viewed as an expert within a product area and able to mentor less experienced underwriters.
Requirements
- Minimum 5+ years of current experience underwriting profitable ocean marine 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;
- 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.
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
- Review, analyze, accept, and decline Ocean Marine 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
Benefits
- 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
- Floating holidays
- Parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
