Jobs and Careers
MA

Senior Underwriter, E&O

Markel
San Francisco, United Statesfull_timeVerifiedPosted 10 Sept 2024
💰 $114,000/yr($84,000/yr$114,000/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!

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. 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.

What you'll be doing:

  • Communicate with underwriting management and product line leader on individual accounts, current and proposed producers, and 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.  
  • Review terms, conditions and pricing.  
  • Underwrite renewal business and handle related servicing.  
  • Implement corrective measures on renewal accounts as needed.  
  • Participate in audits and/or underwriting meetings as required.

What we're looking for:

  • Minimum 3-5 years of underwriting expertise in E&O & cyber
  • Experience with retail brokers desired
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Four year college degree and/or working on RPLU or similar designation preferred.
  • Must have excellent oral and written communication skills.
  • PC literate with emphasis on Word, Excel and PowerPoint
  • Strong analytical and organizational skills
  • Must be a team player that enjoys a flexible and spontaneous business environment
  • Up to 25% travel when appropriate
  • Hybrid work model in our offices - 3 days in the office, 2 days from home

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.

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.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those acti

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Company

Markel

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