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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 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.
Responsibilities
- Maintain War & Terrorism Product Line specific underwriting policies and procedures and collaborate with management, claims, actuarial and product development to institute changes when appropriate.
- 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.
- Prepare, coordinate and execute product lines specific training for underwriters and support staff.
- Act as advocate for Markel and the War and Terrorism product lines and communicate regularly with underwriters with authority.
- Promote collaboration with throughout the Markel network to advance line of business profit and growth goals.
- Travel as required when appropriate.
Requirements
- 7+ years of current wholesale and/or retail war and terrorism underwriting expertise required.
- Minimum of 5+ years of proven success training, team building, mentoring and performance management of a commercial insurance underwriting team required.
- Demonstrated expertise in delivering superior underwriting results required.
- Broad understanding of claims, actuarial, product development, regulatory and compliance functions.
- Understand and enjoy working in a highly matrixed environment.
- US Work Authorization required.
- Markel does not provide visa sponsorship for this position, now or in the future.
Skills
- Underwriting
- Training
- Team building
- Mentoring
- Performance management
- Claims
- Actuarial
- Product development
- Regulatory compliance
Location
- London
Work Type
- Full-time
Experience Level
- 7+ years
- 5+ years
Salary/Compensations
- $87,100.00 - $181,400.00
Benefits
- 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.