Senior Underwriter - War and Terrorism

Markel; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Markel is seeking a senior underwriter for its Marine Division in London. The role involves maintaining underwriting policies, training staff, and managing a team to achieve business goals in the War and Terrorism product line. Candidates should possess extensive underwriting expertise and a proven track record in team management. This position offers a competitive salary, annual bonus, and a robust benefits package.

Benefits

Annual bonus

Up to 16% company pension scheme

Private medical and dental cover

Income protection

25 days paid holiday plus Bank Holidays

Qualifications

• Extensive wholesale and retail war and terrorism underwriting expertise.
• Proven success in hiring, training, and managing underwriting teams.
• Expertise in delivering superior underwriting results.

Responsibilities

• Maintain underwriting policies and collaborate with management.
• Prepare and execute training for underwriters and support staff.
• Promote collaboration within the Markel global network.

Skills

Underwriting expertise

Team building

Performance management

Bespoke wording and product development

Communication skills

Job description

To have the market presence and respect in the line of business underwritten in order to develop further that line of business within agreed business plan parameters. To adhere to the underwriting authority granted. To focus on delivering the agreed combined loss ratio target.

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

Who we are:

The Marine Division is based in London but has some limited representation in other key business locations. We accept risks in the areas of Hull, Cargo, War, Specie, Liability and Terrorism on a world-wide basis. We are leaders in a number of 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 we ask of you:

• Maintain War & Terrorism Product Line specific underwriting policies and procedures and collaborate with management, claims, actuarial and product development to institute changes when appropriate.

• Prepare, coordinate and execute product lines specific training for underwriters and support staff.

• Hire, train, mentor, develop, and manage underwriters and support staff as assigned.

• Act as advocate for Markel and the War and Terrorism product lines and communicate regularly with underwriters with authority.

• Promote collaboration with throughout the Markel global network to advance line of business profit and growth goals.

• 30% domestic and international travel when appropriate.

What you will bring to the role:

• Extensive wholesale and retail war and terrorism underwriting expertise

• Proven success hiring, training, team building, mentoring and performance management of a commercial insurance underwriting team required

• Expertise delivering superior underwriting results required

• Experience in bespoke wording and product development

• Broad understanding of claims, actuarial, product development, regulatory and compliance functions

• Understand and enjoy working in a highly matrixed environment

• High energy, ability to deliver exceptional written and verbal presentations, pro-active self-starter; strong sense of urgency, flexible and spontaneous

• Proven ability in setting and meeting objectives and impact and influencing peers and subordinates to “buy in”

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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