Executive Underwriter Excess Casualty

Markel; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global insurance firm in London seeks an experienced underwriter to analyze and evaluate excess casualty submissions. Responsibilities include negotiating terms with brokers, issuing policy documentation, and mentoring junior staff. The ideal candidate will have previous casualty underwriting experience and a passion for working in a dynamic environment. The role offers a competitive salary, annual bonus, comprehensive benefits, and opportunities for career development.

Benefits

Starting salary plus annual bonus

Company pension scheme up to 16%

Private medical and dental cover

25 days paid holiday plus Bank Holidays

Qualifications

• Strong analytical skills to evaluate global excess casualty submissions.
• Ability to negotiate effectively with brokers on premium and terms.
• Experience mentoring junior underwriters.

Responsibilities

• Attend underwriting meetings with brokers and clients.
• Negotiate premium, terms, and conditions.
• Issue timely policy documentation.

Skills

Previous casualty underwriting experience

Experience of industry accepted policy forms

Experience with budgetary accountability

Job description

Overview

This role’s primary responsibility is to underwrite, analyze and evaluate global excess casualty submissions using underwriting experience, and make underwriting decisions in line with underwriting guidelines and authority. The book is made up of mainly US domiciled Fortune 1,000 type clients operating in a wide range of industrial sectors such as Chemicals, Pharmaceuticals, Rail, Logistics, Healthcare, Energy, Mining, Automotive and General Manufacturing.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

Who we are:

Join an established and highly experienced underwriting team with a mature book of business and a history of over 30 years of success on the London and Dublin Excess Casualty platform. This role offers an outstanding opportunity for a driven underwriter to grow professionally, contribute to a dynamic portfolio, and play a key role in shaping its future within the London market.

We’re looking for someone who’s eager to learn, ready to make an impact, and excited to be part of a team with bold plans for expansion and development.

Part of 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.

What you’ll be doing

• Attend underwriting meetings with brokers, prospective and existing clients.
• Negotiate with brokers on premium, terms and conditions.
• Ensure the timely and correct issuance of policy documentation
• Develop and mentor other underwriters on the team, where applicable, in all aspects of the business.
• Maximize cross-sell opportunities to existing customers through the promotion of the Company’s products and services.
• Assist in the development and implementation of new products, where applicable.
• Observe high standards of conduct and take all reasonable steps, both individually and collectively, to avoid causing harm to the standing and reputation of the Markel Group.
• Outline individual performance objectives and evaluate overall performance on an annual basis.
• Analysis of coverage and contract language based on industry accepted policy forms.

Key Skills

• Previous casualty underwriting experience required in global excess insurance risk classes.
• Experience of industry accepted policy forms - London slip, Occurrence Reported (Bermuda) form, Claims-Made and Occurrence Policy forms.
• Experience with budgetary accountability and compiling reports for Management

What’s in it for you?

• A great starting salary plus annual bonus & strong benefits package…
• Up to 16% company pension scheme,
• Private medical and dental cover, Menopause plan, emergency care benefit (children/Pets/dependants)
• Income protection, Life assurance, electric car scheme, travel insurance
• 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
• As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career!

Are you ready to play your part?

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, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs.

Join us and play your part in something special!

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

At Markel we are all about the people, celebrating 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 will ensure that individuals are provided with any 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 or adjustments that may be needed, including alternative formats of documents or information on how to apply offline.