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Senior Underwriter / Underwriting Specialist/Executive Underwriter (Environmental & Energy)

Markel
United Statesfull_timeVerifiedPosted 2 May 2024
💰 $160,000/yr($84,000/yr$160,000/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!

We are excited to offer this new opportunity in the West Territory of Markel Specialty! The position title will be commensurate with experience, and we are seeking someone with a strong background in site pollution liability. The position requires an individual to underwrite and manage a book of complex environmental retail business for the West Territory the US. The ideal candidate will be located in Los Angeles or San Francisco metro areas of California, and has a following of retail relationships that can add value to Markel's book of business. The best candidate will be able to effectively manage day-to-day workload assignments while contributing to long-term strategic initiatives.

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. Use 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 use of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Promotes the growth and development of less experienced underwriters and fosters teamwork.

Responsibilities

  • Review, analyze, accept, and decline environmental 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 Environmental 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. 

Skills & Experience

  • 6+ years of complex retail environmental underwriting experience

  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.

  • Demonstrated marketing and relationship building skills.

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

  • 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.

  • Up to 25% travel (when appropriate)

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 offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays, floating holidays and parental leave.  

  • Markel offers hybrid working schedules of 3 days in th

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Company

Markel

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