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MA

Underwriting Manager- Retail Inland Marine - West Region

Markel
United Statesfull_timeVerifiedPosted 26 Feb 2024
💰 $170,000/yr($130,000/yr$170,000/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. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you’re wild about horses, bananas for boats or driven by data, 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 work with considerable latitude, utilizing broad limits of authority requiring a high degree of technical complexity and extensive knowledge and experience in related underwriting products as well as business acumen in managing the underwriting process within the highest level of authority. Manages a team of underwriting or underwriting support employees.

The primary purpose of this position is to manage the day-to-day work activities of a group of underwriters and underwriting support staff who are driven by a sense of hard work, and a pursuit of excellence laid out by the Markel Style. This position requires guidance in risk selection and pricing, specifically on daily transactional inland marine and property fire risks. Underwrite new and renewal business in a profitable manner, according to authority level, and established guidelines which are in compliance with the company’s underwriting philosophy. Responsible for addressing career and training needs on an individual basis. Communicate effectively and ensure team has been adequately updated on matters relating to workflow or procedural changes. Oversee the overall quality of the unit’s performance and measures the underwriting team expertise through periodic audits. Reviews unusual risks. Based on complexity, determines what additional research is required. Prepares preliminary appraisal of risk in excess of delegated authority. Consults with Manager or PLL on course of action. Performs renewal underwriting functions on accounts in excess of the assigned underwriter.

What you'll be doing:

  • Achieves customer satisfaction and service standards for all wholesale brokers assigned to team and/or self;
  • Ensures team meets or exceeds set production/premium goals and departmental guidelines;
  • Identifies strength and weaknesses in current procedures and recommend change in procedure, as needed;
  • Makes recommendations on underwriting policy and pricing strategy to management;
  • Provides training and coaching on marketing skills and broker management;
  • Provides career planning and performance feedback to ensure proper staff development by coaching, motivating and building bench strength and reviews and evaluates personnel performance.

What we're looking for:

  • Bachelor’s degree preferred;
  • 5-10 years of inland marine and property underwriting, working with wholesale brokers is preferred;
  • Demonstrated aptitude to manage people and projects;
  • Proven ability to make sound underwriting decisions;
  • Strong organizational skills with the ability to handle multiple tasks simultaneously;
  • Ability to achieve business goals and objectives;
  • Demonstrated sales, marketing and relationship management skill

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 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.  
  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.  

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competen

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Company

Markel

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