Underwriter/Senior Underwriter - Retail Inland Marine
MarkelAbout the role
Join us and play your part in something special!
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 participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. Utilize 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 utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Able to provide coaching to others.
Markel Specialty Retail - West is seeking an Underwriter with a focus on Inland Marine to join our team.
What you'll be doing:
- Reviewing, analyzing, accepting, and declining inland marine risks to ensure profitability for Markel.
- Communicating with underwriting management on individual accounts, current and proposed producers, and to make recommendations concerning operations, systems and procedures when appropriate.
- Underwrite and select new business that will produce an underwriting profit.
- Review submissions and identify exposure and risk from information provided.
- Underwrite renewal business review terms, conditions and pricing and handle related account servicing.
- Monitor producers for profitability and production.
- Monitor results of the overall book of business assigned; and recommend corrective action as necessary.
- Develop and maintain productive relationships within assigned region and product line management.
- Participate in audits and/or underwriting meetings as required.
- Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.
- Coordinate with other Markel platforms on common accounts.
- Travel within the West Retail region.
What we're looking for:
- Minimum 5+ years of current experience underwriting profitable Admitted inland marine or related business (position title will depend upon experience);
- Bachelor’s degree and industry designations (proven, outstanding experience can be substituted for education);
- Proven outstanding reputation with wholesale and retail distribution;
- Knowledge of pricing accounts using loss rating and actuarial modeling tools/techniques;
- Ability to work in a fast paced environment;
- Proven excellent customer service skills;
- Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility;
- Must have excellent oral and written communication skills;
- Superb MS Office and underwriting system skills;
- Strong analytical and organizational skills;
- Must be a team player that enjoys a flexible and spontaneous business environment.
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.
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