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Underwriter / Sr. Underwriter, Lawyers Professional Liability

Markel
New York City, United Statesfull_timeVerifiedPosted 22 Jan 2025
💰 $114,000/yr($84,000/yr$114,000/yr)

About the role

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!

This individual will be a contributing and valuable member of the US Professional Liability team and will be responsible for achieving growth and profit initiatives through the execution of underwriting and marketing strategies that will bridge all distribution channels.

What you'll be doing:

  • Apply your knowledge and skill to profitably underwrite LPL
  • Build and manage a book of renewal business, primarily focused on LPL, that is consistent with MKL’s focus on profitable growth
  • Underwrite efficiently without sacrificing discipline, diligence and quality service
  • Attend industry events, remote and/or in-person, to build recognition and knowledge in all lines of US Pro business
  • Demonstrated ability to negotiate through changing market conditions and to respond appropriately as they evolve
  • Be a positive reflection on the company by demonstrating integrity and thought leadership in the marketplace
  • Collaborate with teammates across all product lines including Markel’s regional platform, BDA, MINT, actuarial, claims, etc.
  • Thoroughly adhere to documentation procedures using E2, ERMS, ImageRight, etc., underwriting systems
  • Appropriately price and evaluate new and renewal risks using detailed thought analysis from insureds and prospective insureds applications, financials, loss history, and all other pertinent information
  • Negotiate terms and pricing with brokers on new and existing business
  • Champion, initiate and manage strong, productive and profitable agency/broker/account relationships
  • Conduct and lead remote/in-person underwriting meetings with brokers/insureds for US Pro product lines, with an emphasis on LPL
  • Work closely with current LPL underwriting team to perform related duties as requested including report preparation, presentations, policy review, special projects and analysis to assist in ensuring the long-term success of the LPL product line
  • Contribute to E&O and related line policies, guidelines, product development and data quality innovation initiatives

What we're looking for:

  • Minimum of 3+ years current LPL underwriting experience preferred
  • Bachelor’s Degree required; Industry designation or professional degree preferred;
  • Desire and ability to enhance Markel’s position in the domestic marketplace through external engagement and communication
  • Excellent verbal and written communication skills that contribute to product line clarity
  • Recognized for delivering compelling presentations to any audience
  • Strong analytical and organizational skills
  • Must be a collaborative, team player that can provide creative solutions to problems and enjoys a flexible and spontaneous business environment
  • Travel as required when appropriate
  • Ability to work in the office on a hybrid work schedule - three days in the office, two remote.

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competencies, geographic location, and other factors. The base salary range for the (Sr. Underwriter) position is $84k - $114k/year with a 25% bonus potential

US Work Authorization

  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information:

Who we are: 

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. 

 

We’re all about people | We win together | We strive for better 

 

We enjoy the everyday | We think further 

 

What’s in it for you: 

In keeping with the values of the Markel Style, we strive to support our employee

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Company

Markel

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