Underwriting Manager, Financial Institutions
MarkelAbout the role
Join us and play your part in something special!
The primary purpose of this position is to direct a team of underwriting or underwriting support employees, utilizing broad limits of authority requiring a high degree of technical complexity and extensive knowledge in related underwriting products, applying a keen business acumen in directing the underwriting process within the highest level of authority.
We are seeking a highly skilled and experienced Commercial Financial Institutions Underwriting Manager to join our dynamic team. As a Commercial Financial Institutions Underwriting Manager, you will be responsible for profitable growth in a 30-state region. This is an excellent opportunity for an individual with a strong background in Commercial Financial Institutions insurance to make a significant impact in growing our retail distribution & book of business.
Job Description
Profitably grow Markel's Commercial Financial Institutions business in the retail channel;
Assess and evaluate insurance submissions to determine exposure;
Train & lead a team of 6+ underwriters and underwriting support specialists;
Foster strong relationships with brokers in order to enhance Markel's reputation and market presence;
Collaborate with cross-functional teams, such as claims, legal, and Property & Casualty underwriting;
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;
Build and maintain strong working relationships across workgroups with flexibility to change direction quickly based on business needs;
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.
Qualifications
Minimum of 6-8 years of underwriting expertise;
Minimum of 1.5 years of proven success in leading a team;
Experience leading, developing and recruiting talent;
Superior verbal and written communication skills;
Collaborative management style;
High energy, pro-active self-starter; someone with a strong sense of urgency;
Demonstrated ability in setting and meeting objectives and getting peers and subordinates to “buy in” through superior influencing skills;
Interpersonal skills necessary to achieve desired goals and to interact effectively as well as a high level of confidence, integrity, energy and enthusiasm, executive presence and a personality that fits the “Markel Style;
Ability to travel 25%.
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 Underwriting Manager position is $130k - $170k/year with a 45% 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 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. <
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