About the Role
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 drive projects having an impact on the business. Assigned larger, more important and more complex accounts. 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. Viewed as an expert within a product area and able to mentor less experienced underwriters.
Responsibilities
- Communicate with Northeast underwriting management and national environmental and energy product line leaders 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.
- Assist with resolving premium audit disputes within assigned agents/brokers.
- 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.
- Monitor producers for profitability and production.
- Market products to producers by coordinating marketing plan with regional and national marketing associates.
- Participate in audits and/or underwriting meetings as required.
Requirements
- Demonstrated technical underwriting knowledge and skills reflective of progression of increasing responsibility.
- Must have excellent oral and written communication skills, and skilled presentation aptitude.
- Technologically savvy; proficient in Word, Outlook, & Excel.
- Strong analytical, organizational, and time management skills.
- Must be a team player that enjoys a flexible and spontaneous business environment.
- Able to provide coaching to others.
- 3+ years of current underwriting experience in environmental / energy or casualty commercial insurance required.
- Flexible to travel approximately 25% when appropriate.
- US Work Authorization required.
- Markel does not provide visa sponsorship for this position, now or in the future.
Skills
- Underwriting
- Communication
- Presentation
- Microsoft Word
- Microsoft Outlook
- Microsoft Excel
- Analytical skills
- Organizational skills
- Time management skills
- Coaching
Location
- Northeast
Work Type
- Full-time
- Hybrid
Experience Level
- 3+ years
Education Level
- Insurance certifications preferred
Salary/Compensations
- $92k/year - $127k/year with a 25% incentive
Benefits
- Competitive benefit programs
- Multiple health, dental and vision insurance plan options
- Optional life, disability, and AD&D insurance
- 401(k) with employer match contributions
- Employee Stock Purchase Plan
- PTO
- Corporate holidays
- Floating holidays
- Parental leave
About the Company
- 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
Equal Opportunity
- Markel is an equal opportunity employer.
- We do not discriminate or allow discrimination on the basis of any protected characteristic.
- This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
- Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
