Assistant Underwriter - Marine & Energy Liability

Markel Service; Greater London; Hybrid; GBP 30,000 - 45,000; Full time

Benefits offered by this job

Annual bonus

Strong benefits package

Hybrid work pattern

Job summary

Markel is seeking an Assistant Underwriter in the London Marine & Energy Liability team. The role focuses on handling new business and renewals, supporting underwriters with claims analysis, and producing standard reports.

You will build knowledge of M&E Liabs product coverage and wording while maintaining essential documents and cross-team relationships. You will be supported to develop professionally, with guidance to produce endorsements and maintain PDP activities, in a hybrid London office

Qualifications

• Receive new business & renewal submissions from Underwriters and log them into the rater.
• Support renewals with claims analysis and M&E Liabs reports.
• Develop knowledge of M&E Liabs product coverage and wordings.
• Prepare management information and reports on request.
• Build positive relationships with Markel teams and maintain key documents.
• Keep up-to-date with product development and complete PDP activities.
• Produce policy documentation, including endorsements, under guidance.

Responsibilities

• Receive new business and renewal submissions and log into the rater.
• Support renewal activity with claims analysis and reports.
• Develop understanding of M&E Liabs product coverage and wording.
• Produce required management information on demand.
• Maintain central documents and spreadsheets used by the team.
• Stay informed on product developments and professional development.

Skills

Underwriting data analysis

Claims service and data analysis

Wording comprehension

Customer mind-set

Relationship management

Technology workflows

Financial data comprehension

Excellent relationship management

Job description

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.

Join us and play your part in something special!

Who we are:

Business Unit overview:

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.

What you'll be doing:

• 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

Key Skills:

• 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

Who we are:

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?

• 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!

Are you ready to play your part?

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.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at [e-mail] or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.

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