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Director, Management Liability PLL

Markel
New York City, United Statesfull_timeVerifiedPosted 23 Oct 2024
💰 $237,500/yr($142,500/yr$237,500/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 lead and implement the strategic vision and plan of assigned product line(s). Provide leadership, direction and support to underwriting team(s) and/or direct reports. Is responsible for product profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage assigned product line(s) to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of best practices. Provide coaching and training for underwriting staff based on results of underwriting audit review. Develop and maintain relationships with internal resources (Actuarial, Product Development, Claim, IT, Operations, Regulatory, etc.) to coordinate services to customers and ensure that superior products are being delivered to our internal and external customers..

What you'll be doing:

  • Commercial Management Liability Product Line Leadership team for the primary and excess product suite of commercial private and not-for-profit risks.
  • 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 wholesale and retail sales and marketing of product on a admitted and surplus lines basis.
  • 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 associates

What we're looking for: 

  • 10+ years product experience with a focus on platform designs, form development, product launches, rating algorithms and filings. Crime and Tenant Discrimination a plus, in addition to transactional Management Liability coverages of Directors & Officers, Employment Practices and Fiduciary.
  • Travel is required

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, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $142,500 to $237,500 with a 55% bonus potential. 

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

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Company

Markel

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