Underwriting Associate
4 weeks ago
About the Role:
The Associate Underwriter position at Markel is an exciting opportunity to join our team and contribute to the success of our organization. As an Associate Underwriter, you will play a key role in supporting the underwriting function through customer service and rating and processing of underwriting files.
Key Responsibilities:
- Ensure underwriting files are in order, complete with submission information and rating methodology, according to Fine Art team requirements.
- Assist in handling renewals, mid-term endorsement requests, and new business in a profitable manner and according to authority level and established guidelines.
- Work closely with CAT risk management team to complete pre-bind aggregation clearances and natural catastrophe modeling requests.
- 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.
- Develop knowledge of coverage forms and policy language; appropriate utilization of forms and exclusions.
- Liaise on behalf of underwriting team with operations team.
- Assist with resolving billing issues, BOR requests, and premium audit disputes within assigned agents/brokers.
Requirements:
- Minimum of 1 year underwriting experience preferred.
- Bachelor's Degree required.
- Desire and ability to improve Markel's position in the domestic marketplace.
- Excellent verbal and written communication.
- Strong analytical, organizational, and time management skills.
- Must be a collaborative, team player that can provide creative solutions to problems and enjoys a flexible and spontaneous business environment.
- High energy self-starter, good decision maker with entrepreneurial spirit.
- Travel as required when appropriate.
About Markel:
Markel Group (NYSE - MKL) is 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.
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