Underwriter/Sr. Underwriter, Cyber, Tech/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! 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 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.

What you'll be doing:

• Review, analyze, accept, and decline wholesale and retail Cyber/IT & Misc E&O 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;
• Connect with regional managers and national Cyber/IT & Misc E&O 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;
• Build and maintain quality relationships with key producers while simultaneously supervising 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 landscapes.

 

What we're looking for:

• 1-2 years of Cyber/IT/Misc E&O underwriting experience in the Midwest Region of the USA preferred;
• Demonstrated technical knowledge and skills reflective of progression of positions of growing 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 interpersonal 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).

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 Underwriter position is $65k - $90k/year with a 20% bonus potential Sr. Underwriter position is $84k - $114k/year with a 25% 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.