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About the Role
To underwrite the relevant line of business within agreed business plan parameters, in line with underwriting authority, in order to achieve agreed combined ratio targets. 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.
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
- 2 years of current wholesale and/or retail war and terrorism underwriting expertise required.
- Minimum of 0-2 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
- 0-2 years
- 2 years
Salary/Compensations
- $69,700.00 - $145,300.00
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.