Assistant Underwriter - Marine & Energy Liability

Markel Corporation; City of Westminster; On-site; GBP 27,000 - 38,000; Full time

Benefits offered by this job

Annual bonus

Holiday entitlement (25 days)

Pension & private medical coverage

Wellbeing & travel insurance

Job summary

Markel Group in London is seeking an Assistant Underwriter to join the Marine & Energy Liability team. You will handle submissions, support renewals and produce technical reports within the Liabs portfolio.

You will develop product knowledge, maintain key documents, and collaborate with multiple Markel teams to deliver accurate policy documentation and endorsements.

Responsibilities

• Receive new business & renewal submissions from Underwriters, and log, process, sanction screen and enter them into the rater
• Support Underwriters in the renewing of policies, including claims analysis and producing M&E Liabs reports via IT platforms used within the Markel M&E Liabs team
• Develop an understanding of the M&E Liabs product and its product coverage across competitor wordings
• Prepare specific reports or management information for Underwriters or Managers on request
• Develop positive relationships across Markel teams including premium processing, sanctions, compliance and underwriting oversight
• Handle and maintain central documents/spreadsheets used by the Underwriting team (e.g., Outstanding Slips, Renewal sheet)
• Keep abreast of M&E Liabs product development and knowledge
• Ensure continuous professional development is undertaken
• With Underwriter guidance, produce Markel M&E Liabs policy documentation, including endorsements
• Underwriting Data Analysis
• Claims Service and Data Analysis
• Wording Comprehension and Improvement
• Customer Mind-Set
• Relationship Management
• Technology and Workflow Tool Proficiency
• Financial Data Comprehension
• Excellent relationship management skills
• Join Marine & Energy Liability team in London office as Assistant Underwriter at Markel

Job description

• Receive new business & renewal submissions from Underwriters, and log, process, sanction screen and enter them into the rater
• Support Underwriters in the renewing of policies, this may include claims analysis, as well as producing M&E Liabs reports via IT platforms that we use within the Markel M&E Liabs team
• Develop an understanding of the M&E Liabs product and its product coverage across competitor wordings
• On occasion, specific reports or management information may be required by Underwriters or Managers, be prepared to produce such information upon request
• Develop positive relationships across the various Markel teams that the M&E Liabs Underwriting team works with, for example, the premium processing team, the sanctions team, compliance team and Underwriting Oversight team
• Handle and maintain central documents and spreadsheets that the Underwriting team rely upon for the day-to-day operation of the team, such as the Outstanding Slips spreadsheet and Renewal sheet
• Keep abreast of M&E Liabs product development and knowledge
• Ensure continuous professional development is undertaken
• With Underwriter guidance & instruction, produce Markel M&E Liabs policy documentation, including endorsements
• Underwriting Data Analysis
• Claims Service and Data Analysis
• Wording Comprehension and Improvement
• Customer Mind-Set
• Relationship Management
• Technology and Workflow Tool Proficiency
• Financial Data Comprehension
• Excellent relationship management skills
• Come and work in our Marine & Energy Liability team in the London office here at Markel as an Assistant Underwriter!

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs., The Marine, Energy and Construction division underwrite a diverse portfolio of business in the areas of Energy PD, Marine Hull and War, Cargo, Specie, CAR, Marine and Energy Liability and Transport & Logistics on a world-wide basis. We are leaders across our chosen areas and require a commitment to technical expertise and accuracy to maintain this leadership role. A great emphasis is placed on the relationship between the insured and insurer with a focus on meeting clients and producers in their home territories. Business is written through both Markel Syndicate 3000 and Markel International Insurance Company Limited.

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

• A great starting salary plus annual bonus & strong benefits package…
• 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
• Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
• There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!, Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.