Head of Property

Starr Underwriting; Leeds; On-site; GBP 45,000 - 70,000; Full time

Job summary

An established industry player is seeking a Technical Underwriting Manager to join their dynamic team. This role offers the opportunity to manage a growing property portfolio while collaborating with sales, actuarial, and claims teams. You will be instrumental in developing and launching new products, ensuring profitability and compliance with regulatory obligations. The company values diversity and offers a supportive environment for career development. With a competitive salary and benefits package, this position is ideal for those looking to make a significant impact in the insurance sector.

Benefits

Generous annual bonus

25 days paid holiday

Fantastic company pension scheme

Private medical and dental cover

Life assurance

Income protection

Travel insurance cover

Season ticket loan

Qualifications

• Proven history of underwriting property business in the UK retail market.
• Strong technical knowledge and market dynamics understanding.

Responsibilities

• Manage the Property account for growth and profitability.
• Support underwriting managers in profitable growth initiatives.

Skills

Property Underwriting

Technical Knowledge of Product Coverage

Communication Skills

Cross-functional Teamwork

Market Dynamics Understanding

Job description

Do you have Property Underwriting experience and looking to progress you career to the next level?

Help play a key role within the Underwriting team here at Markel as a Technical Underwriting Manager - Property

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 realise our potential, we can help others reach theirs.

Join us and play your part in something special!

The opportunity:

Markel UK is a sector focused insurance, tax and legal provider focusing solely on Small and Medium Enterprises (SMEs) and part of a multi-billion and financially strong “A” rated global corporation, serving regional brokers and UK businesses with a variety of sector specific solutions. We deliver propositions direct to customer, through brokers, partnerships and accountants. We are committed to building strong, long-lasting relationships with our customers and intermediaries.

By focussing our energies on our newly developed sector propositions, we can deliver a multifaceted insurance product through our team of sector specialists, as well as access to our award winning legal and tax services teams. This enables us to provide a complete solution to our client’s business needs and goals and are the only insurance company to be rated five star for the last three years by our brokers.

We currently operate out of seven sites across the UK, a result of growth by acquisition. We have come together as a UK business over the last five years under a common brand and a common functional leadership model. We have set the strategy to double the size of the business by 2025, having doubled the size since 2016. We have seen successful and profitable growth and see specialist insurance solutions as the way to continue to deliver that ambition.

Our growth will come through existing and new Liability and Property product lines. We continue to invest in our Underwriting team to support our growing portfolio. This involves the creation of some new opportunities for growth through development of appetite in existing lines or new appetite and products. This role will beresponsible for the development of a profitable and growing portfolio, working with the Sales, Actuarial and Claims teams.

The role will support marketing promotion and launch of new products and support Sales in strategic broker opportunities. The individual will work closely with the wider underwriting leadership team to monitor and manage product profitability and support on referrals in accordance with delegated underwriting authorities.

What you’ll be doing:

• Portfolio management of the Property account supporting overall development, growth and profitability

• Supporting underwriting manager(s) with profitable growth within their respective business lines including UK Retail and International operations.

• Respond to top tier referrals business from underwriters, delegated cover holders and claims department in accordance with underwriting authorities.

• Work as part of the underwriting team to help build skills, product knowledge and capability across the underwriting function.

• In conjunction with the other business functions, support continuous improvement of technical underwriting guides and tools

• Review and analyse new portfolio, scheme or facility opportunities presented by the sales teams. Make recommendations for successful participation

• Drive and raise awareness across broker development and underwriting sales communities within National Markets

• Participate as part of the wider Markel team in market promotion and product launches

• Support the sales teams in strategic broker discussions; respond to market tenders and attend client meetings

• Monitor and report activities and provide timely and relevant management information. This includes consultation with aggregation and reinsurance teams.

• Role model the Markel Style and contribute to product leadership across the business, working with colleagues across Markel International

Our must haves:

• A successful personal history of underwriting property business over a number of years in the UK retail broker market

• A strong technical knowledge of product coverage and market dynamics

• Demonstrable track record in delivering profitable results in these classes, over multiple years

• A good understanding of the regulatory obligations for underwriting and distribution of insurance products

• Work well as part of a cross functional team delivering new propositions to market along with sales, marketing and actuarial

• Strong and proactive communication skills

Who we are:

Markel Corporation (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 generous 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?

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 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.

#LI-PC1

#LI-Hybrid #PlayYourPartUK