About the Role
The position encompasses financial institutions underwriting, focusing on reviewing, analyzing, accepting, and declining risks to ensure profitability. The role involves communicating with management and product line leaders, making recommendations, and handling new and renewal business.
Responsibilities
- Review, analyze, accept, and decline retail Financial Institutions 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.
- Communicate with regional managers and national Financial Institutions 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 as required.
- Build and maintain quality relationships with key producers while simultaneously monitoring 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 landscape.
- Provide training or technical assistance to department underwriting support staff.
Requirements
- 3-5 years of Financial Institutions underwriting experience in the East coast of the USA required.
- Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
- Demonstrated marketing and relationship building skills.
- Excellent oral and written communication skills.
- Microsoft Office skills to include MS Word and MS Excel.
- Strong analytical and organizational skills.
- US Work Authorization required.
- Markel does not provide visa sponsorship for this position, now or in the future.
Skills
- Financial Institutions underwriting
- Risk analysis
- Profitability assessment
- Communication
- Relationship building
- Marketing
- MS Word
- MS Excel
- Analytical skills
- Organizational skills
Location
- East coast of the USA
Work Type
- Hybrid
Experience Level
- Senior
Education Level
- Four year college degree preferred
- CPCU or similar designation preferred
Salary/Compensations
- $92k - $127k/year with a 25% bonus potential
- $104k - $143k/year with a 25% annual bonus potential
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.
- Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
