Executive Underwriter, Cyber

2 days ago


Chicago, Illinois, United States Markel Service Inc. Full time
About the Role

We are seeking a highly skilled Cyber Underwriter to join our team at Markel Service Inc. As a Cyber Underwriter, you will play a critical role in underwriting new business and renewals in a profitable manner, while adhering to established guidelines and authority levels.

Key Responsibilities
  • Underwrite new business and renewals in a profitable manner, utilizing underwriting tools to determine accurate classifications, rates, and premium charges.
  • Utilize knowledge of state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state.
  • Assist with resolving premium audit disputes within assigned agents/brokers.
  • Provide coaching to others and participate in special projects having an impact on the business.
  • Consistently achieve budgeted financial results through superior service, renewal retention, and responsiveness to new business submissions.
  • Consider different approaches towards risks to maximize profitability, such as pricing endorsements and limits.
  • Participate in projects having an impact on the business and actively keep knowledge and skills up-to-date through courses and seminars.
  • Catapult Markel's brand in the Cyber and Technology E&O product line to leading edge, serving as the authority and content expert on technical Cyber and Technology E&O product line issues.
Requirements
  • 5-10 years current Cyber and Technology E&O Underwriting expertise with Fortune 500 clients.
  • Extensive progressive Cyber and Technology E&O Underwriting expertise, marketing, and sales acumen and executive leadership Cyber and Technology E&O risk management.
  • Desire and ability to enhance Markel's position in the US Cyber and Technology E&S marketplace through external engagement and communication.
  • Demonstrated ability to successfully negotiate while developing positive broker relationships.
  • Proven expertise in working in a matrixed environment.
  • Excellent verbal and written communication skills that contribute to product line clarity.
About Markel Service Inc.

Markel Service Inc. is a Fortune 500 company with over 60 offices in 20+ countries, operating as a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

We are committed to supporting our employees in living their lives to the fullest at home and at work, offering competitive benefit programs that meet our diverse and changing environment, as well as support our employees' needs at all stages of life.

We offer hybrid working schedules of 3 days in the office and 2 days remote, and a range of benefits including health, dental, and vision insurance, 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays, and floating holidays.



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