Cyber Underwriter

Markel International; Greater London; On-site; GBP 55,000 - 75,000; Full time

Benefits offered by this job

Annual bonus

25 days paid holiday plus Bank Holidays

Private medical and dental cover

Job summary

Markel International is seeking an experienced Cyber Underwriter to enhance our dedicated Cyber Division in London. You will manage the Cyber Portfolio, demonstrating strategic capabilities in broker development and enhancing our customer offerings.

Key responsibilities include collaborating with claims colleagues, analyzing market trends, leading innovation within our products, and managing critical broker relationships. We offer a competitive salary, annual bonus, and a strong benefits package including private medical cover and opportunities for career development.

Qualifications

• Proven ability in portfolio management and underwriting data analysis.
• Strong analytical skills to assess risks and claims trends.
• Excellent communication skills to manage broker relationships.

Responsibilities

• Raise the profile of Markel in Cyber.
• Manage a portion of the Cyber Portfolio and develop strategies.
• Identify and implement new distribution opportunities.

Skills

Strong experience of Cyber Underwriting

Underwriting Insights and Risk Acceptance

Excellent relationship management skills

Job description

Are you an experienced Cyber Underwriter? Come and progress your career working with our dedicated Cyber Division in our London office here at Markel!

The opportunity

We have an exciting opportunity for a Cyber Underwriter to join the Markel team. The Cyber Team focuses on writing international, UK-domiciled, and US Wholesale business on a primary and excess of loss basis. The team writes open market business and works with cover holders we support. The Cyber portfolio underwritten by the team offers insurance to mid-size corporate clients, up to large multinational and international clients.

What you’ll be doing

• Help raise the profile of Markel and the team in Cyber
• Demonstrate a strategic and structured approach to broker development, communicating the Markel story to brokers and customers in a compelling and credible way that supports the brand
• Create and provide Thought Leadership for the Cyber Team
• Manage a portion of the industry within the Cyber Portfolio, analysing, working with Actuaries, and creating strategy for the portfolio
• Collaborate with Markel claims colleagues on broker and customer meetings to maximise business development opportunities, studying claims trends and losses to further our Underwriting approach
• Challenge wordings/clauses, lead in navigating the complexities of drafting & amending wordings, and raise concerns to Head of Cyber/wordings team
• Contribute to innovation within the product suite, providing expert input into the creation of new products and proactive input into the refinement of existing products or their services
• Proactively develop, own and enhance our customer offering within Cyber, actively engaging with customers to identify their needs and provide solutions to problems, and seeking new ways to enhance the customer experience
• Take the lead in developing and managing key, Cyber specific broker relationships
• Actively lead and manage pipelines for the team, influencing brokers and advancing Markel’s interests through strong interpersonal and presentation skills
• Identify new distribution and delegated/cover holder opportunities and implement them where appropriate
• Manage your own renewal book of business in line with appetite and strategy, including combined ratio targets

Our must haves

• Strong experience of Cyber Underwriting
• Underwriting Insights and Risk Acceptance
• Portfolio Management
• Underwriting Data Analysis
• Actuarial Concepts
• Claims Service and Data Analysis
• Wording Comprehension and Improvement
• Excellent relationship management skills

Who we are

Markel Corporation (NYSE - MKL) is a Fortune 500 company with over 60 offices in 20+ countries, 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 and other great benefits on offer
• Countless opportunities to learn new skills and develop in your career, with the support needed to do just that

Choose Apply Now to fill out our short application, so that we can find out more about you.

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 we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are a Disability Confident Committed employer, which means we’ll give you a positive experience applying for a role at Markel and be able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible at every stage please let us know. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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