Senior Underwriter Marine and Energy

Markel; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance firm in London is seeking a Senior Marine and Energy Liability Underwriter. The role includes raising the firm's profile, developing broker relationships, and offering innovative solutions to customers. Candidates should have strong underwriting experience. The position offers a competitive salary, annual bonus, and comprehensive benefits. Join a diverse team and make a meaningful impact.

Benefits

Up to 16% company pension scheme

Private medical and dental cover

Income protection and life assurance

25 days paid holiday plus Bank Holidays

Opportunities for career development

Responsibilities

• Help in raising the profile of Markel and the team in Marine and Energy Liability.
• Demonstrate a strategic and structured approach to broker development.
• Create and provide Thought Leadership for the Marine and Energy Liability Team.
• Work with Actuaries, and create strategy for the portfolio.
• Collaborate with Markel claims colleagues on broker and customer meetings.
• Lead in navigating the complexities of drafting & amending wordings/clauses.
• Contribute to innovation within the product suite.
• Own and enhance our customer offering within Marine and Energy Liability.
• Develop and manage key broker relationships.
• Identify new distribution and opportunities.

Skills

Strong experience of marine or energy liability 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

Job description

Who we are

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

Senior Marine and Energy Liability Underwriter

Business Unit overview

The newly created Specialty Division underwrites a portfolio of business in the areas of International Casualty, Trade Credit, Political Risk, Surety, Equine and Livestock, 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.

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

• Help in raising the profile of Markel and the team in Marine and Energy Liability
• Demonstrate a strategic and structured approach to broker development, communicate the Markel story to brokers and customers in a compelling and credible way that supports the brand
• Create and provide Thought Leadership for the Marine and Energy Liability Team
• Be able to work with Actuaries, and create 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/clauses, and raise concerns to Director of Marine and Energy Liability
• 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 the services relating to the product. Seek to regularly analyse competitors’ products, capabilities and appetite and share within the team
• Proactively develop, own and enhance our customer offering within Marine and Energy Liability, actively engaging with customers to identify their needs and provide solutions to problems, as well as seeking new ways to enhance the customer experience
• Take the lead in developing and managing key broker relationships. Actively lead and manage pipelines for the team.
• Influence brokers and advance Markel’s interests through strong interpersonal and presentation skills
• Identify new distribution and Delegated/Cover holder opportunities and where appropriate implement them
• Manage renewal book of business in line with appetite and strategy, including combined ratio targets

Key Skills

• Strong experience of marine or energy liability 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

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.

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