Underwriting Specialist/Executive Underwriter
2 months ago
Join us and play your part in something special
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.
What you'll be doing:
- Profitably underwrite and grow a book of predominantly Miscellaneous E&O business
- Select appropriate risks in accordance with underwriting guidelines/strategy providing constructive terms and conditions for both Markel and our clients
- Implement corrective and/or improvement measures on renewals as necessary
- Work closely with product line leaders to seize opportunities to enhance our product, processes, and strategy
- Keep close contact with key producers and gather critical information on the marketplace and specific feedback on our market position
- Implement constructive growth plans targeted specifically at key production opportunities
- Act as a mentor to less experienced underwriters
- Actively communicate with professional liability team and leadership in order to seize cross selling opportunities and improve our platform
- Four year college degree is preferred
- 7+ years of professional liability underwriting experience (Misc. E&O experience is a plus)
- Excellent technical and organizational skills
- Excellent oral and written communication skills
- Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
- Demonstrated relationship building, marketing and sales skills
- Ability and willingness to utilize new technologies so as to enhance outcomes
- Willingness to travel up to 25%
- Have a winning mindset, a willingness to be a key part of a team, and enjoy your workplace, your coworkers and the process of improvement
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.
Choose 'Apply Now' to fill out our short application, so that we can find out more about you.
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.
Caution: Employment scams
Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:
- All legitimate job postings with Markel will be posted on No other URL should be trusted for job Markel Group Careers.
- All legitimate communications with Markel recruiters will come from Markel.com email addresses.
Should you require any accommodation through the application process, please send an e-mail to the [redacted].
Pay information:
US Work Authorization
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
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