Sr. Director/Managing Director US RM Public D&O & US RM Financial Institutions

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 oversee the growth and profitability of the US Risk Managed Public D&O and US Risk Managed Financial Institutions product lines. Uses established understanding of business dynamics and regulations to achieve results while collaborating effectively with colleagues around the country. Recognized as a national leader in the insurance industry, possesses strong strategic thinking, creative problem-solving and critical thinking skills. Executes business strategy, leads change, drives results, promotes enterprise culture, attracts top talent, maximizes individual and organizational performance, communicates effectively, and influences others. Work to create efficiencies and implement required changes.

Duties and Responsibilities:

• Delegate underwriting authority to underwriting 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.
• Assist and oversee product strategy, communication and execution.  
• Provide leadership, direction and support to underwriting teams. Is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies.
• Forward-facing to key external broker partners and clients.
• Maximizes individual and team performance.
• Drive results through effective communication and leadership.
• Responsible for overall performance of the products relative to established growth, profit, and combined ratio targets.
• Presents to senior management on key indicators, metrics, and drivers that impact the attainment of business goals.
• Acts as a knowledge expert within the company on industry trends related to assigned products and educates the organization on best practices in the market, assisting and leading the product line leaders as they make recommendations on product design, price and development efforts.
• Supports the product lines in the analysis of coverage and contract language based on industry accepted policy forms.
• Drive accountability/leadership across our initiatives within the Retail/Wholesale Platforms and across all Territories/Regions in the US.
• Drive cross-sell opportunities to existing customers and brokers for the US RM Professional Liability platform through the promotion of the Company’s products and services.
• Assist in the development and implementation of new products.
• Work within our governance framework to ensure compliance.

Qualifications and Requirements:

• 15-20+ years Professional Liability insurance underwriting experience.  Recent underwriting leadership or product management of US Risk Managed Public D&O and US Risk Managed Financial Institutions product lines;
• Bachelor’s degree in business or related field from an accredited University/College.
• Broad understanding of claims, actuarial, product development, regulatory and compliance functions;
• Strong Retail broker relationships on a national scale required;
• Strong interpersonal and management skills, the ability to communicate effectively, and excellent negotiation skills.
• Strong analytical skills and excellent problem solving/decision making abilities.
• Ability to work extended hours and travel at short notice.
• Minimum travel 35%

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. 

• W