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MA

Sr. Underwriter, Cyber/E&O (Hybrid, NYC/BOS)

Markel
New York NY, United States, United Statesfull_timeVerifiedPosted 10 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!

The primary purpose of this position is to underwrite new business and renewals for Wholesale Cyber/Tech and E&O in the Northeast Region in a profitable manner and according to authority level and established guidelines, and participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. 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. Able to provide coaching to others.

This role’s primary responsibility is to underwrite Commercial Cyber/Tech and E&O business for Markel Specialty’s Wholesale Northeast Region. Duties include reviewing, analyzing, accepting, and declining risks to ensure profitability for Markel. Communicate and collaborate with regional management as well as national E&O and Cyber/Tech product line leaders on individual accounts and overall portfolio. Actively participate in production and claims meetings. Review exposures, terms, conditions and pricing on new and renewal business and handle related servicing. Monitor portfolio for profitability and growth and take corrective measures as needed. Maintain and adhere to all underwriting file documentation standards. Cultivate and improve broker relationships across the Northeast region.

What you'll be doing:

  • Profitably underwrite existing wholesale Professional Liability (Misc E&O, Cyber & Tech) business and new business to include reviewing, analyzing, accepting, and declining risks;
  • Proactively communicate with regional managers and national product line leaders on individual accounts, current and proposed producers;
  • Inform business decisions by making recommendations concerning operations, systems and procedures;
  • Review submissions and identify exposure and risk from information provided;
  • Review terms, conditions and pricing;
  • Implement corrective measures on renewal accounts as needed;
  • Monitor producers for profitability and production.

What we're looking for:

  • Minimum of 5 years experience in Cyber/E&O liability underwriting required.
  • In depth understanding of Cyber/E&O policy forms and endorsement language required.
  • Existing producer relationships in the Northeast strongly preferred.
  • Strong analytical, organizational, and time management skills.
  • Must have excellent oral and written communication skills, effective negotiation skills, and skilled presentation aptitude.
  • Strong customer-service focus; able to organize and prioritize to meet multiple demands and commitments.
  • Team player that enjoys
  • Must be proficient in MS Word, Outlook, & Excel.
  • Flexible to travel up to 25%.

Please note:  Markel's phased approach for re-entry into our buildings is designed to balance the ongoing health, safety, and well-being of our employees with operational considerations and regulatory/governmental requirements and recommendations. As a result we implemented a hybrid return to work strategy that allows for three days in the office every week.  

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.  

US Work Authorization

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

Pay information:

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Company

Markel

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