Director/Senior Director, Professional Liability (Cyber, Misc. E&O)

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 lead and implement the strategic development and execution of organizational goals and objectives. Exhibit extensive knowledge of the insurance industry and business operations across all product lines with proven success with new product and new business development. Provide leadership, direction and support to underwriting teams working on cyber, misc. E&O, and/or direct reports. Is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage territorial underwriting functions to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of Best Practices. In conjunction with the Regional Product Lead and PLL Leadership delegate underwriting authority to staff via letters of authority; monitor and revise as appropriate. Ensure a quality underwriting work product is produced consistent with letters of authority, underwriting strategy, standards and process. Provide coaching and training for underwriting staff based on results of underwriting audit review. Works to ensure that all processing and service standards are met. Communicate identified agency production, training or quality issues to Marketing. Develop and maintain relationships with internal resources (PLL, Claim, Premium Audit etc.) to coordinate the services to customers. Demonstrates the ability to build partnerships with other business groups and identifies and delivers agency and product solutions. Maintains an understanding of all Markel products, services and solutions and initiates discussions with other business units as appropriate.

What you'll be doing:

• Adhere to the rules, rates, forms, authority and underwriting guidelines as delegated by Product Line Leadership group

• Execute distribution strategy as provided by Product Line Leadership group

• Responsible for goals and metrics for region and assigned product line group

• Support marketing of product

• Recruit, train, develop and mentor underwriting talent, including building a staff capable of effectively carrying out assignments and specific goals and recommends effective personal actions when needed

• Build and maintain strong working relationships across workgroups with flexibility to change direction quickly based on business needs

• Responsible for evaluating procedures and practices and implementing changes to improve workflows; ensures all business transactions and practices within span of control comply with all legal regulations and are in compliance with all underwriting policies and procedure

• Maintain an understanding of assigned product(s), services and solutions and initiates discussions with other workgroups as appropriate

• Drive change and innovation through continually seeking and implementing transformational solutions for customers and our associate

What we're looking for:

• Bachelor’s degree preferred;

• 10+ years of cyber/tech, e&o underwriting or brokering experience required;

• Demonstrated aptitude to manage people and projects;

• 3+ years of direct management experience

• 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

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

#LI-Hybrid
#LI-AB
 

US Work Authorization

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

Pay information:

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 Director, Underwriting position is $162,800-$223,850 with a 55% bonus potential and the base s